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SPS Commerce (SPSC) Q2 2026 Earnings Call Transcript

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Wheat Fades Off Thursday Strength into the Close

The wheat complex posted gains across the three exchanges on Thursday, following increased Black Sea tensions. Chicago SRW contracts were 2 ¾ to 7 ½ cents higher at the close. KC HRW futures were 5 1/4 to 8 1/2 cents in…

Cotton Rallies on Thursday

Cotton futures were 81 to 139 points in the green at Thursday’s close. Crude oil was back down just 50 cents per barrel, with the US dollar index falling 0.914.

Corn Showing Fractional Losses on Thursday

Corn futures are trading with contracts fractionally lower at midday on Thursday, as early spillover support from wheat is being ignored. The CmdtyView national average Cash Corn price is down 1/2 cent at $4.18 1/4.

Cotton Rallying on Thursday

Cotton futures are trading with contracts 125 to 188 point in the green at Thursday’s midday. Crude oil is back down just 38 cents per barrel, with the US dollar index falling 0.879.

Soybeans Fades Lower on Thursday

Soybeans posted weaker trade late on Thursday, with contracts down fractionally to 4 cents across most contracts. The cmdtyView national average Cash Bean price was up 2 ¾ cents at $11.49. Soymeal futures were 40 cents …

Soybeans Holding onto a Thursday Bounce at Midday

Soybeans are trading with contracts 1 to 3 cents higher at midday. The cmdtyView national average Cash Bean price is up 5 ¾ cents at $11.52 ¼. Soymeal futures are up 40 to 90 cents across the front months, with Soy Oil …

Soybeans Fades Lower on Thursday

Soybeans posted weaker trade late on Thursday, with contracts down fractionally to 4 cents across most contracts. The cmdtyView national average Cash Bean price was up 2 ¾ cents at $11.49. Soymeal futures were 40 cents …

Wheat Fades Off Thursday Strength into the Close

The wheat complex posted gains across the three exchanges on Thursday, following increased Black Sea tensions. Chicago SRW contracts were 2 ¾ to 7 ½ cents higher at the close. KC HRW futures were 5 1/4 to 8 1/2 cents in…

Cotton Rallies on Thursday

Cotton futures were 81 to 139 points in the green at Thursday’s close. Crude oil was back down just 50 cents per barrel, with the US dollar index falling 0.914.

Cattle Extend Their Bounce to Thursday’s Close

Live cattle futures posted $1.42 to $3.47 gains across the board at Thursday’s close. USDA picked up cash trade at $232-233 on Thursday. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head …

Wheat Rally Holding at Midday Amid More Black Sea Strikes

The wheat complex is trading with gains across the three exchanges so far on Thursday. Chicago SRW contracts are trading with gains of 8 to 9 cents on Thursday. KC HRW futures are 12 to 13 cents higher at midday. MPLS s…

Nat-Gas Prices Climb on Smaller-Than-Expected Storage Increase

Nat-gas prices settled higher on Thursday on a smaller-than-expected storage increase. Weekly EIA nat-gas inventories rose +28 bcf in the week ended July 24, below expectations of +37 bcf. Nat-gas prices extended their …

Soybeans Holding onto a Thursday Bounce at Midday

Soybeans are trading with contracts 1 to 3 cents higher at midday. The cmdtyView national average Cash Bean price is up 5 ¾ cents at $11.52 ¼. Soymeal futures are up 40 to 90 cents across the front months, with Soy Oil …