Market News
This Dividend King Is Now One of BofA's Investment Best Ideas
BarchartThu Apr 25, 6:30PM CDT
Discover why S&P Global, a seasoned Dividend King, has not only secured a spot on Bank of America's prestigious US 1 List, but also why analysts are bullish about its investment potential in the current economic climate.
AgDay Markets Now: Alan Brugler Says Wheat Pulls Corn Higher but It Might Have its Own Bullish Story
AgWebThu Apr 25, 6:28PM CDT
See it: Utah landspout tornado catches onlookers by surprise
Fox WeatherThu Apr 25, 5:10PM CDT
SALT LAKE CITY – Residents in northern Utah became concerned Thursday after spotting a cloud that looked as if a twister or funnel cloud had formed in the sky, but according to local meteorologists, the phenomenon was likely a landspout.Spottings occurred just before noon local time southwest of Salt Lake...
Cotton Mixed Following Positive Export Sales Data
BarchartThu Apr 25, 4:51PM CDT
Cotton futures posted mixed action on Thursday, with contracts anywhere from up 38 points to 21 points lower. The outside market influences saw crude oil up $1.03/barrel and the US dollar index 260 points lower. Export Sales data from this morning saw an uptick to the old crop cotton bookings...
Cattle Bounce Back from Wednesday’s Overreaction
BarchartThu Apr 25, 4:51PM CDT
Live cattle had a back and forth trade on Thursday but settled near the highs with $1.60 to $2.67 gains. Cash trade kicked off with a steady/higher note this week, as the South was at $182 in TX and $182-183 in KS, even to $1 above a week ago. Northern...
Corn Ends Higher, Helped by 10-week High in Export Sales
BarchartThu Apr 25, 4:51PM CDT
Corn rounded out the Tuesday session with contracts up 1 ¾ to 5 cents across the board. Futures were helped out by spillover support from wheat and positive Export Sales data. USDA reported corn bookings of 1.3 MMT for the week of 4/18 in this mornings’ Export Sales report. That...
Hogs Pull Back on Thursday with Negotiated Weakness
BarchartThu Apr 25, 4:51PM CDT
Lean hogs fell $1.17 to $2.45 in the front months on Thursday, with the other contracts down 80 to 97 cents. USDA’s National Average Base Hog negotiated price was down $2.78 on Thursday afternoon, at $88.71. The CME Lean Hog Index was up 19 cents on April 23 at $91.64....
Wheat Continues Rally as Dryness Expands in Southern Plains
BarchartThu Apr 25, 4:51PM CDT
The wheat complex extended the bulls winning streak on Thursday. MPLS led the way this time, up 7 to 12 cents, with Kansas City 8 to 10 ½ cents higher in most contracts. Chicago futures were up 5 ¼ to 8 ¼ cents. This morning’s Drought Monitor showed 17.01% of...
Soybeans Come Back to Close Mixed
BarchartThu Apr 25, 4:51PM CDT
Soybeans rallied off the early midday losses by 10-13 cents on Thursday to close with front months down 1 to 3 ¼ cents and the September and beyond contracts up ½ to 2 ½ cents. May options expire on Friday. Soymeal ended the day with contracts down dime to $2.10/ton....
CME milk futures, cash dairy higher Thursday
Brownfield Ag NewsThu Apr 25, 4:42PM CDT
Milk futures were higher and cash dairy prices were steady to higher Thursday on the Chicago Mercantile Exchange. Class III milk recovered most of Wednesday’s losses. May Class III milk was up $0.40 at $18.18. June was up $0.29 at $18.20. July was up $0.20 at $18.51. August was up...
More black cutworm moths found in Wisconsin
Brownfield Ag NewsThu Apr 25, 3:54PM CDT
Photo: Black cutworm moths, Courtesy-Wisconsin Department of Agriculture, Trade, and Consumer Protection Wisconsin ag officials say black cutworm moths have arrived in the state, and in big numbers. The Department of Agriculture, Trade, and Consumer Protection says it’s the second straight week their pheromone traps have collected a significant numbers...
Stocks Retreat as Persistent Inflation Dents Fed Rate-Cut Hopes
BarchartThu Apr 25, 3:47PM CDT
The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.55%. US stock indexes Thursday closed moderately lower, led by weakness in technology stocks. Meta...
Wheat pushes higher again, soybeans bounce back from early losses
Brownfield Ag NewsThu Apr 25, 3:38PM CDT
Soybeans were mixed. The market continues to monitor ongoing harvest in Brazil and Argentina’s harvest pace, which is expected to be quite large. The U.S. has been able to make more planting progress this week, with an update out on Monday. But rains are starting to develop. This week’s export...
Closing Grain and Livestock Futures: April 25, 2024
Brownfield Ag NewsThu Apr 25, 3:38PM CDT
May corn closed at $4.41, up 3 and 1/4 centsMay soybeans closed at $11.63 and 3/4, down 3 and 1/4 centsMay soybean meal closed at $343.90, down $2.10May soybean oil closed at 44.82, up 16 pointsMay wheat closed at $6.02 and 1/4, up 7 and 3/4 centsJun. live cattle closed...
Nestle Purina to expand Wisconsin pet food plant
Brownfield Ag NewsThu Apr 25, 3:38PM CDT
A Wisconsin pet food manufacturer is expanding. Nestle Purina has announced a 195-million dollar project in Jefferson, Wisconsin, where Purina will increase production of wet pet food brands by nearly 50 percent, including Pro Plan, Fancy Feast, and Beneful IncrediBites, and add 35,000 square feet to the facility. Nestle says...