Gold should be at record highs right now.War is happening. Crude is spiking.Every safe-haven alarm is ringing.It is instead, drowning.Not because gold is broken.It’s because gold is now Hyperliquid 😭. https://t.co/dUZzNyuyqs ...

Group 1: Corn Market Overview - Corn prices have increased by 4 to 5 cents in Thursday morning trade, following a rise of 7 to 9 cents in the previous session, with deferred contracts also showing gains of 2 to 4.75 cents [1] - The national average cash corn price rose by 9.25 cents to $4.20 [1] - Open interest in corn futures increased by 18,163 contracts on Wednesday, primarily in July and December contracts [1] Group 2: Ethanol Production and Gasoline Prices - Ethanol production decreased to 1.093 million barrels per day for the week ending March 13, down by 33,000 barrels per day from the previous week [2] - Ethanol stocks increased by 827,000 barrels to a total of 26.407 million barrels [2] - The national regular gasoline price rose from $2.94 at the end of February to $3.72 for the week of March 16 [2] Group 3: Corn Export Sales and Acreage Estimates - Export sales data is anticipated, with expectations of 0.6 to 1.8 million metric tons of old crop corn sales for the week ending March 12, and new crop business estimated at 0 to 100,000 metric tons [3] - An Allendale survey estimates US corn acreage for this year at 93.68 million acres, reflecting a decrease of 5.12 million acres from the previous year [3] - May 26 corn closed at $4.63.25, up 9.25 cents, while July 26 and December 26 corn also showed increases [3]

Group 1: Corn Market Overview - Corn futures closed higher, with contracts increasing by 7 to 9 cents, and some deferred contracts rising by 2 to 4 ¾ cents [1] - The national average Cash Corn price rose by 9 ¼ cents to $4.20 [1] - An Allendale survey estimates US corn acreage for this year at 93.68 million acres, reflecting a decrease of 5.12 million acres from last year [3] Group 2: Ethanol Production and Gasoline Prices - Ethanol production was reported at 1.093 million barrels per day for the week ending on March 13, down by 33,000 bpd from the previous week [2] - Ethanol stocks increased by 827,000 barrels to a total of 26.407 million barrels [2] - The national regular gasoline price rose from $2.94 at the end of February to $3.72 for the week of March 16 [2] Group 3: Export Sales and Market Expectations - Export sales data is anticipated to show old crop corn sales between 0.6-1.8 million metric tons for the week ending on March 12, with new crop business expected at 0-100,000 metric tons [3] - Nearby Cash Corn closed at $4.20, up 9 ¼ cents, while May 26 Corn closed at $4.63 1/4, up 9 1/4 cents [3]

Group 1 - Gold prices have declined for six consecutive days, marking the longest losing streak since late 2024, primarily due to comments from Federal Reserve Chair Jerome Powell regarding higher energy prices pushing up overall inflation [1] - The Federal Reserve left interest rates unchanged but indicated a forecast for one rate cut this year, acknowledging increased uncertainty due to the ongoing conflict in the Middle East [2] - The increase in energy prices and a hotter-than-expected inflation report have led to speculation that the Fed will refrain from cutting interest rates this year, causing gold to tumble by as much as 3.4% [5] Group 2 - The recent decline in gold prices is attributed to a broader market repositioning, with oil reacting to supply risks and gold experiencing profit-taking alongside a stronger dollar and real yields [6] - Despite recent declines, gold prices are still up more than 10% year-to-date, supported by geopolitical risks and concerns regarding the Fed's independence [7]

Group 1: Corn Market Overview - Corn futures are experiencing gains of 8 to 9 cents across most contracts, with the CmdtyView national average Cash Corn price rising by 8.5 cents to $4.19 [1] - May 26 Corn is priced at $4.62 1/2, July 26 Corn at $4.74, and December 26 Corn at $4.90 1/4, all reflecting an increase of 8.5 cents [3] Group 2: Ethanol Production and Gasoline Prices - Ethanol production is reported at 1.093 million barrels per day for the week ending on March 13, a decrease of 33,000 barrels per day from the previous week [2] - Gasoline prices have increased from $2.94 at the end of February to $3.72 for the week of March 16 [2] Group 3: Export Sales Expectations - Export sales data is anticipated to be released, with expectations of 0.6-1.8 million metric tons of old crop corn sales for the week ending on March 12, and new crop business projected at 0-100,000 metric tons [3]

Group 1 - Corn futures showed stability with contracts ranging from steady to 2 ¼ cents higher, while July futures slipped by ¼ cent [1] - The CmdtyView national average Cash Corn price remained steady at $4.11 3/4 [1] - Crude oil prices increased by $2.52 on the day [1] Group 2 - Ukraine's economic ministry projects the planting of 4.42 million hectares (10.92 million acres) of corn this spring, with total grain acreage estimated at 6 million hectares (14.83 million acres), an increase of 240,000 hectares (593,000 acres) from last year [2] - Coceral estimates the UK and EU corn crop at 60.7 million metric tons (MMT), which is an increase of 1.8 MMT from previous estimates [2] - As of May 26, Corn closed at $4.54, with nearby cash at $4.11 3/4, July corn at $4.65 1/2, and December corn at $4.81 3/4, reflecting various changes in prices [2]

Group 1 - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and reporter on commodity futures trading floors in Chicago and New York [1] - He has covered every futures market traded in the U.S. at various times throughout his career [1] - Jim is the owner of "Jim Wyckoff on the Markets," which provides analytical, educational, and trading advisory services [2] Group 2 - He has worked as a technical analyst for Dow Jones Newswires and served as the senior market analyst with TraderPlanet.com [2] - Jim has also been a consultant for the "Pro Farmer" agricultural advisory service and was the head equities analyst at CapitalistEdge.com [2] - He holds a degree in journalism and economics from Iowa State University [2]

Core Insights - The ongoing Iran war is significantly impacting the global energy market, with countries implementing various measures to cope with the resulting energy shock [1][2] Group 1: Global Responses to Energy Crisis - Countries are imposing fuel export bans, loosening refining standards, and encouraging energy conservation measures, such as using stairs instead of elevators [2] - China has ordered refiners to halt refined fuel exports to prevent domestic shortages, affecting gasoline, diesel, and aviation fuel shipments [3] - Japan is considering capping gasoline prices at an average of 170 yen ($1.07) per liter, with potential increases to 200 yen per liter [4] Group 2: Specific National Measures - Japan has unilaterally released crude oil from its stockpiles to mitigate the impact of rising fuel costs, as it heavily relies on energy imports [5] - South Korea has implemented a petroleum price ceiling to manage domestic fuel prices amid the crisis [6] - India has directed oil refineries to prioritize liquefied petroleum gas supply for households over commercial use, reflecting the need to address domestic energy demands [6]

Core Insights - The article discusses the recent developments in the investment banking sector, highlighting key trends and potential opportunities for investors. Group 1: Industry Trends - Investment banking is experiencing a shift towards digital transformation, with firms increasingly adopting technology to enhance efficiency and client service [1]. - There is a growing emphasis on sustainable finance, as more clients seek environmentally responsible investment options [1]. Group 2: Company Performance - Major investment banks reported a mixed performance in the last quarter, with some experiencing revenue growth while others faced declines due to market volatility [1]. - Specific firms have seen a significant increase in advisory fees, driven by a surge in mergers and acquisitions activity [1].

A company backed by US energy magnate Harry Sargeant III has moved to export Venezuelan crude to Asia as US sanctions ease https://t.co/VB78QsfyR1 ...