Market News
Area off Florida's southeast coast could spawn tropical system
Fox WeatherMon Oct 7, 7:58PM CDT
While all eyes are on Florida’s western coast ahead of Hurricane Milton’s arrival, something could be brewing on the east side of the Peninsula.The National Hurricane Center outlined an area for possible tropical development off the southeast coast of Florida. The area currently has a low chance of tropical development...
European Commodities: Brent Crude Attempts to Make a Comeback
BarchartMon Oct 7, 6:58PM CDT
Here are the key levels to watch for Brent crude futures right now.
Snag This 'Strong Buy' Energy Stock Now for Its 6% Yield
BarchartMon Oct 7, 6:30PM CDT
Diamondback Energy is a pure-play Permian stock with a nearly 6% dividend yield, and looks poised for robust growth in the energy sector after its merger with Endeavor Energy Resources.
What you should know ahead of the October WASDE
Successful FarmingMon Oct 7, 5:47PM CDT
What you should know ahead of the October WASDE
Up 34% YTD, Is It Too Late to Buy Caterpillar Stock?
BarchartMon Oct 7, 5:17PM CDT
As China-exposed stocks surge, is CAT still a good stock to buy?
Tired of Being Beaten Up by the Equity Markets? Try This Strategy
BarchartMon Oct 7, 5:07PM CDT
Investing in the stock market can seem complicated, but one of the simplest and most effective strategies is to buy an ETF that tracks the S&P 500. ETFs like the SPDR S&P 500 ETF allow investors to own shares in 500 of the largest U.S. companies with just one trading transaction. This diversified approach spreads risk and increases the potential for long-term growth. What's better than an S&P 500 ETF is knowing the seasonal window, which shows that the ETF has risen 100% for the past 15 years.
Hogs Close with Strength on Monday
BarchartMon Oct 7, 4:47PM CDT
Lean hog futures rounded out the Monday session with most contracts 15 to 77 cents higher October was an exception, down a nickel. The national average base hog price was reported at $76.68 on Monday afternoon, up $1.79 from the previous day. The CME Lean Hog Index was reported at...
Cotton Posts Gains on Monday
BarchartMon Oct 7, 4:47PM CDT
Cotton futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US dollar index slipping 15 points lower. The weekly Crop Progress report indicated that 82% of the US cotton crop had bolls...
Corn Closes With Slight Gains on Monday
BarchartMon Oct 7, 4:47PM CDT
Corn futures closed out the Monday session with contracts up 1 to 1 ¾ cents on the day, with help from still solid shipment data and more export business. The national average Cash Corn price from cmdtyView was up 1 1/4 cents at $3.94 1/2 per bu. This afternoon’s Crop...
Wheat Posts Positive Start to the Week
BarchartMon Oct 7, 4:47PM CDT
The wheat complex closed higher across the exchanges on Monday. Chicago SRW futures were up 3 ½ 5 ¼ cents across board to close out the day. KC HRW contracts were 4 ¾ to 5 ½ cents higher on the session. MPLS spring wheat settled the Monday session with 4...
Cattle Close Mostly Higher on Monday
BarchartMon Oct 7, 4:47PM CDT
Live cattle futures posted gains anywhere from a tick to $1.475 on Monday. Cash trade last week was mostly $186 in the South, up $1 on the week. Northern action was $187 live and $296 in the beef up $2 from the previous week. Today was first notice day for...
Soybean Start Week with Pressure as Harvest Rolls
BarchartMon Oct 7, 4:47PM CDT
Soybeans settled Monday with weakness in the nearbys, down ¾ to 3 ¾ cents, as the deferreds were steady to 1 ¾ cents higher. CmdtyView’s national front month Cash Bean price was down 3 3/4 cents at $9.71. Soymeal was down $2.80 to $6.50/ton across the board. Soy Oil futures...
USDA says flexibility key to ensure farmers can access resources in aftermath of hurricane
Brownfield Ag NewsMon Oct 7, 4:46PM CDT
The USDA’s Under Secretary for Farm Production and Conservation says they expect significant demand for resources following damage from Hurricane Helene. In a Monday briefing, Robert Bonnie told reporters… “We’re looking for ways that we can streamline, that we can enhance our flexibility to get folks in, that we can...
Congress calls for action on Mexico’s ban on corn
Brownfield Ag NewsMon Oct 7, 4:14PM CDT
A bipartisan group of Midwest lawmakers is pushing for a resolution with Mexico on its genetically modified corn ban. Michigan Congressman Dan Kildee tells Brownfield Mexico should have resolved this dispute during the creation of the U.S.-Mexico-Canada trade agreement. “If that had been their goal when we were negotiating USMCA,...
Tennessee crop update: 80% corn, 51% soybeans harvested
Brownfield Ag NewsMon Oct 7, 4:14PM CDT
Many Tennessee farmers were able to get back into the fields following heavy rains from Hurricane Helene. Northwest Tennessee David Nichols says they got an early start on harvest, and then the calendar turned to September. “We’ve been affected by these hurricanes that’s blown up,” he says. “So September was...