Missouri farmer reflects on challenging growing season, better than expected harvest
A northwest Missouri farmer says weather challenges were the theme of his 2024 growing season. Nodaway County farmer Garrett Wood says it was the most difficult spring he’s ever experienced. “I’ve personally farmed for right at 20 years and it was really tough. We were super wet, then we turned...
Soybeans, corn move lower on South American weather
Soybeans were lower on profit taking and technical selling. South American conditions are generally favorable with USDA’s updated crop production projections out on the 10th and CONAB’s new outlook for Brazil set for the 12th. South Korea bought 30,000 tons of U.S. bean oil ahead of the open, but bean...
Shootin' the Bull about lots of interest at this price level
Open interest continues to be the most interesting aspect of this time frame due to a belief of significant commodity fund participation.
Better than expected harvest for North Dakota farmer
A southern North Dakota farmer says the 2024 crop year went better than expected on his farm. Josh Gackle raises 2,800 acres of soybeans, corn, wheat, and barley near Kulm. “The soybean crop was so-so and the corn crop was pretty nice. Anytime we can finish up before Thanksgiving it...
Broiler numbers hold to higher trend
Broiler hatchery numbers continue to point to higher production. The USDA says 247.672 million broiler-type eggs entered incubation last week, up 2.121 million from the prior week and 2% from a year ago as average hatchability remained around 80%. 189.191 million broiler-type chicks were placed into meat production, a rise...
Dollar Falls Slightly on Weakness in US Economic News
The dollar index (DXY00 ) Wednesday fell by -0.03%. The dollar Wednesday gave up an early advance and turned lower on weakness in US economic reports that showed the Nov ADP employment change rose less than expected and the Nov ISM services index fell more than expected. The dollar today...
Crude Prices Tumble on US Energy Demand Concerns
January WTI crude oil (CLF25 ) Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25 ) closed down -0.0233 (-1.19%). Crude oil and gasoline prices Wednesday gave up an early advance and settled moderately lower. Weaker than expected US economic news Wednesday on Nov ADP employment and Nov ISM...
Farm Bureau president raises concerns about farm viability
The president of the American Farm Bureau Federation says declining farm incomes threaten the future sustainability of family farms. American Farm Bureau Federation President Zippy Duvall tells Brownfield, “We’re really concerned about some of our farmers being able to get operating loans this year, it’s been a very, very difficult...
Nat-Gas Prices Recover on Colder US Forecasts
January Nymex natural gas (NGF25 ) on Wednesday closed higher by +0.001 (+0.03%) Jan nat-gas prices on Wednesday recovered from a 2-1/2 week low and settled slightly higher. Short covering emerged in nat-gas futures late in the session Wednesday after updated forecasts called for the western half of the US...
Truck Shipments (Movement)in Packages - Nogales, AZ
REPORTING OFFICE: NOGALES DEC 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE DEC 03 2024 * MODE IS TRUCK UNLESS OTHERWISE STATED ...