Market News
'Particularly Dangerous Situation' fire weather threat looms in Southern California amid Santa Ana winds
Fox Weather26 minutes ago
LOS ANGELES – Residents in Southern California face an extreme fire weather threat Wednesday as dry conditions overlap with strong Santa Ana winds.This threat has prompted the National Weather Service office in Los Angeles to issue a rare "Particularly Dangerous Situation" Fire Weather Warning for portions of Los Angeles and...
Soybeans Push Higher on Election Day
Barchart36 minutes ago
Soybean bulls are wont the vote this election day, as contracts were mostly steady to 6 ½ cents higher across the board. CmdtyView’s national front month Cash Bean price was up 5 1/2 cents at $9.45 1/2. Soymeal futures were back up 20 to 80 cents/ton on the session, with...
Cotton Posts Marginally Mixed Action on Tuesday
Barchart36 minutes ago
Cotton futures saw marginal movement on Tuesday, with contracts sticking close to unchanged at the closing bell, withing 5 points of unchanged. The outside markets are supportive, with crude oil up 52 cents/barrel and the US dollar index 470 points lower. US cotton exports during September totaled 502,522 bales, which...
Corn Pops Higher on Tuesday
Barchart36 minutes ago
The corn market closed out the Tuesday session with contracts 1 to 2 cents higher, as export business continues to trickle in. The national average Cash Corn price from cmdtyView was up 2 1/2 cents at $3.90 3/4 per bu. USDA reported a private export sale of 124,000 MT of...
Cattle Closes Out Tuesday on a Mixed Note
Barchart36 minutes ago
Live cattle futures settled the Tuesday session with contracts mixed, as December was down 30 cent and the rest were 2 to 45 cents higher. Cash trade has yet to get kicked off this week, with most action compiling showlists. Last week saw trade anywhere from $189-190. Feeder cattle futures...
Hogs Close with Losses as Cutout Falls
Barchart36 minutes ago
The hog market closed with nickel to $2.10 losses on Tuesday. The national average base hog price was reported at $83.37 on Tuesday afternoon, a $5.87 increase from the previous afternoon. The CME Lean Hog Index was reported at $89.38 on November 1, up 86 cents from the day prior....
Wheat Posts Strength on Tuesday
Barchart36 minutes ago
The wheat markets posted gains across the three exchanges to close out Tuesday. Chicago SRW futures were up 3 1/4 to 3 3/4 cents as the session settled on Election Day. KC HRW contracts were fractionally to 5 3/4 cents higher across board. MPLS spring wheat was up 2 1/2...
Farmers should consider potash purchases with possible Belarus production cut
Brownfield Ag News1 hour ago
A fertilizer market expert is not surprised about recent reports saying Belarus potash production and exports might be reduced. Josh Linville with StoneX tells Brownfield potash saw a huge price correction coming out of the 2021-2022 spike, with prices dropping to about a third of where it peaked, and then...
Recent rains welcome in southwest Missouri
Brownfield Ag News1 hour ago
An extension livestock specialist says the widespread, heavy rains that have fallen across southern Missouri will replenish dry ponds, soil moisture and could sprout winter annual forages. Patrick Davis with University of Missouri Extension says forage growing season is winding down, but there were a lot of drills running ahead...
Rains soak dry SW MO soils, flood SEMO
Brownfield Ag News1 hour ago
A meteorologist with the National Weather Service in southern Missouri says the recent rains have hit the southeast part of the state the hardest. Mark Burchfield tells Brownfield it’s a very flood prone part of Missouri and there are flood warnings in affect through Saturday morning, which might affect some...
Hog futures pressured by overbought signals
Brownfield Ag News1 hour ago
At the Chicago Mercantile Exchange, live and feeder cattle were mostly higher ahead of the week’s direct business. December live cattle closed $.30 lower at $184.77 and February live cattle closed $.02 higher at $185.95 and January feeders closed $.07 lower at $242.35 and March feeders closed $.25 higher at...
Stocks Finish Higher as Chip Makers Rally
Barchart1 hour ago
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.32%. Stocks rallied on Tuesday, supported by some positive corporate news. Chip stocks rose, led...
Valued at $3.43 Trillion, Is Nvidia Stock Really Undervalued?
BarchartTue Nov 5, 3:24PM CST
SoftBank CEO Masayoshi Son has boldly claimed that Nvidia, already worth $3.4 trillion, is undervalued, citing the company's position at the heart of the artificial intelligence revolution.
Closing Grain and Livestock Futures: November 5, 2024
Brownfield Ag NewsTue Nov 5, 3:22PM CST
Dec. corn closed at $4.18 and 1/2, up 2 centsJan. soybeans closed at $10.01 and 3/4, up 4 and 1/2 centsDec. soybean meal closed at $299.50, down 10 centsDec. soybean oil closed at 44.99, down 57 pointsDec. wheat closed at $5.72 and 1/2, up 3 and 3/4 centsDec. live cattle...
High-quality wine grapes expected from Michigan vineyards
Brownfield Ag NewsTue Nov 5, 3:06PM CST
Michigan State University Extension’s viticulturist says dry conditions this season should make for high-quality wines. Esmaeil Nasrollahiazar tells Brownfield, “In August, September, and October, it was super dry.” “In two months, the volume of the rain was less than half an inch, so it was a very unusual year,” he...