Futures predictions in wheat point to downward pressure

Futures predictions in wheat point to downward pressure due to improved harvest outlooks. Agriculture ETFs could see reduced inflows as traders reallocate to industrial metals. Online sports betting is not legal in Minnesota, but that hasn’t stopped Ian White from trading money on the outcomes of N.F.L. games. Mr. White, a special education paraprofessional, said he downloaded Kalshi, a “prediction market” app, after seeing an ad on TikTok. He buys contracts worth $10 a game and has made about $130. For much of the first half of 2025, silver has followed gold higher on factors including persistent inflationary pressures brought on by Trump’s aggressive tariff announcements and the ongoing geopolitical risks in the Middle East. Futures predictions for the S&P 500 indicate cautious optimism, with analysts noting a 0.4% uptick in pre-market trading after strong corporate earnings. Short-term volatility is expected as traders weigh Federal Reserve rate hike signals against improving manufacturing data.