Market News
Survivor of deadly candle factory collapse reflects on devastating 2021 tornado
Fox WeatherTue Dec 10, 10:58PM CST
MAYFIELD, KY – Three years ago, deadly tornadoes swept through the heartland, including Kentucky, in one of the worst December outbreaks on record. The strongest of these tornadoes was an EF-4, which caused catastrophic damage during its nearly four-hour path, including in the town of Mayfield.Mayfield Consumer Products, a company...
Lake-effect snow to blast Great Lakes again for third time in 2 weeks
Fox WeatherTue Dec 10, 7:46PM CST
A significant storm system moving through the eastern third of the country will help trigger another arctic blast, with at least 10 to 20 inches of snowfall expected downwind of the major Great Lakes, as Mother Nature’s version of a snow machine ramps back up for the third time in...
1 Energy Dividend Stock to Buy Now, According to JPMorgan
BarchartTue Dec 10, 6:30PM CST
Analysts at JPMorgan have named one unique energy company poised to deliver both increasing income to shareholders and business growth in 2025.
East Coast threatened by 50+ mph wind, severe storms amid rapidly strengthening system
Fox WeatherTue Dec 10, 5:06PM CST
A rapidly intensifying storm system will exacerbate travel disruptions in the Northeast over the next two days, with heavy rainfall and gusty winds affecting the Interstate 95 corridor, while accumulating snow in the interior will make travel hazardous around the Great Lakes.The system began producing showers and thunderstorms across the...
Corn Rallies on Tuesday as USDA Cuts Stocks
BarchartTue Dec 10, 5:01PM CST
Corn bulls got a pop on Tuesday following a USDA stocks revision. Futures closed with contracts fractionally to 7 ½ cents higher on the day. The national average Cash Corn price from cmdtyView was up 7 cents at $4.21. The monthly WASDE report from this morning showed a massive 200...
Soybeans Hold Gains on Tuesday
BarchartTue Dec 10, 5:01PM CST
Soybean futures held up on the Tuesday session as USDA made minimal changes to the US or world balance sheets. Contracts were up 3 ¾ to 5 ¼ cents at the close. CmdtyView’s national front month Cash Bean price was back up 4 1/2 cents at $9.46. Soymeal futures were...
Wheat Bulls Push Higher After Stocks Cut
BarchartTue Dec 10, 5:01PM CST
The wheat complex posted gains across the three markets on Tuesday following a USDA stocks reduction. Chicago SRW futures were 3 to 5 1/4 cents higher across most contracts with Dec up ¾ cent. KC HRW contracts were up 3 3/4 to 7 cents on the day. MPLS spring wheat...
Cattle Rally on Tuesday
BarchartTue Dec 10, 5:01PM CST
Live cattle futures rallied 87 cents to $2.05 on the Tuesday session. Early cash action has seen $191 trade reported in KS this week, with trade still to develop in other parts of the country. Cash trade settled in last week around $191 in the South and $191-192 in the...
Hogs Fall on Tuesday
BarchartTue Dec 10, 5:01PM CST
Lean hog futures posted losses of 82 cents to $2.30, as nearby Dec was up a tick. The national average base hog negotiated price was reported at $82.11 on Tuesday afternoon, which was down $1.09 from the day prior. The CME Lean Hog Index was reported at $83.46 on December...
Cotton Falls as Stocks Increase
BarchartTue Dec 10, 5:01PM CST
Cotton futures closed out the Tuesday session with losses as USDA raised stocks. Contracts were down 40 to 76 points across the board. The outside markets were mixed factors, with the US dollar index up 275 points and crude oil back $0.7/barrel higher. USDA’s update to the balance sheet showed...
Farmers less optimistic as commodity prices remain low
Brownfield Ag NewsTue Dec 10, 4:12PM CST
A crop insurance agent says risk management remains crucial for the 2025 growing season. Randy Svehla, with Farm Credit Services of America, says low commodity prices remain a concern. “Bottom line, inputs are high and commodity prices are low, and so what can we do to take advantage of adding...
Build More Profit Potential
Brownfield Ag NewsTue Dec 10, 3:56PM CST
As we close out the 2024 crop year, Jeremy Hogan, a lead agronomist with Advanced Agrilytics, explains the effect of above-average temperatures from early in the year and what a lack of rain meant for growers. Learn how Advanced Agrilytics helped growers overcome agronomic issues that resulted from delayed planting...
Stanton Farmily Farms honored with Missouri Ag Stewardship award
Brownfield Ag NewsTue Dec 10, 3:56PM CST
Missouri Farmers Care has presented Stanton Family Farms with the Missouri Agriculture Stewardship Award for their careful and responsible management of the land, natural resources, and animals. Executive Director Ashley McCarty says farmers, ranchers, and organizations work together to manage natural resources for future generations, and the Stanton family leads...
Gov. Pillen says lab-grown protein not welcome on Nebraska grocery store shelves
Brownfield Ag NewsTue Dec 10, 3:56PM CST
Nebraska could be the next state to ban the commercial sale of lab-grown protein. Governor Jim Pillen says he’d like to see legislation introduced in 2025 to ban its sale. “We need to safeguard Nebraskans. We need to make sure we’re not buying this stuff within our government. We did...
AFBF President Duvall discusses Illinois Farm Bureau’s expulsion
Brownfield Ag NewsTue Dec 10, 3:56PM CST
Pictured: American Farm Bureau President Zippy Duvall speaks with reporters at the 2024 Iowa Farm Bureau annual meeting in Des Moines on Tuesday, December 10, 2024. (Photo by Brent Barnett/Brownfield) The president of the American Farm Bureau Federation says he hopes the dispute with the Illinois Farm Bureau doesn’t become...