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...
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...
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...
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...
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....
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 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....
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 $18.51. August was up...
Photo: Black cutworm moths, Courtesy-Wisconsin Department of Agriculture, Trade, and Consumer Protection Wisconsin ag officials say black cutworm moths have arrived in the state, and in big numbers. The Department of Agriculture, Trade, and Consumer Protection says it’s the second straight week their pheromone traps have collected a significant numbers...
The S&P 500 Index ($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...
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...
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...
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...
Planting has started in pockets of Ohio based on soil conditions Ohio Department of Agriculture Director Brian Baldrige tells Brownfield drier weather in the southern part of the state has helped farmers. “A lot of guys are kind of putting some crops in,” he says. “Down home this week we...
At the Chicago Mercantile Exchange, live and feeder cattle ended the day higher, watching direct cash business develop. June lives closed $2.55 higher at $177.80 and August lives closed $2.67 higher at $176.05. May feeders closed $2.15 higher at $246.25 and August feeders closed $2 higher at $258.30. There was...