Cattle Look to Wednesday Trade
Barchart13 minutes ago
Live cattle closed the Turnaround Tuesday session with most contracts 65 cents to $1.27 higher. Cash trade has yet to develop this week, as sales of $184 were reported in the South last week and a few trades in the North in a range of $186-188. Asks so far this...
Corn Extending Weakness into Wednesday
Barchart13 minutes ago
Corn prices are posting 2 to 3 cent losses on Wednesday morning. Futures slipped back on Turnaround Tuesday, with nearby contracts down ¼ to 3 ½ cents. Other contracts were steady to a penny higher. We got confirmation of a slowdown in US planting on Monday, but traders are looking...
Soybeans Start the Midweek Session Lower
Barchart13 minutes ago
Beans are trading 5 to 7 cents in the red so far in the midweek session. Bear spreading resulted in old crop losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.. Soymeal got some pull back with contracts...
Hogs Switch Focus to Wednesday Following Weaker Cutout
Barchart13 minutes ago
Lean hogs were firmer on Tuesday, as contracts were up 15 to 62 cents. USDA’s National Average Base Hog negotiated price was up 84 cents in the Tuesday afternoon report at $93.25. The CME Lean Hog Index was back down 16 cents on May 3 at $90.80. USDA’s National Pork...
Cotton Pushing Higher to Start Wednesday
Barchart13 minutes ago
The cotton market is trading 62 to 145 points this morning as May expires today. Futures had an inside day on Tuesday, but settled higher. Contracts closed with 30 to 49 point gains across most delivery months, despite negative outside factors and faster than normal planting pace. The US dollar...
Soybeans Start the Midweek Session Lower
Barchart13 minutes ago
Beans are trading 5 to 7 cents in the red so far in the midweek session. Bear spreading resulted in old crop losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.. Soymeal got some pull back with contracts...
Hogs Switch Focus to Wednesday Following Weaker Cutout
Barchart13 minutes ago
Lean hogs were firmer on Tuesday, as contracts were up 15 to 62 cents. USDA’s National Average Base Hog negotiated price was up 84 cents in the Tuesday afternoon report at $93.25. The CME Lean Hog Index was back down 16 cents on May 3 at $90.80. USDA’s National Pork...
Wheat Extends Pullback on Wednesday
Barchart13 minutes ago
Wheat prices are down another 7 to 12 cents on your Wednesday morning. Futures faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents, as Kansas City futures were down 1 ½ to 11 ¼ cents on the...
Cattle Look to Wednesday Trade
Barchart13 minutes ago
Live cattle closed the Turnaround Tuesday session with most contracts 65 cents to $1.27 higher. Cash trade has yet to develop this week, as sales of $184 were reported in the South last week and a few trades in the North in a range of $186-188. Asks so far this...
Cotton Pushing Higher to Start Wednesday
Barchart13 minutes ago
The cotton market is trading 62 to 145 points this morning as May expires today. Futures had an inside day on Tuesday, but settled higher. Contracts closed with 30 to 49 point gains across most delivery months, despite negative outside factors and faster than normal planting pace. The US dollar...
Heightened tornado risk targets Nashville as severe weather outbreak expands to nearly 150 million Wednesday
Fox Weather39 minutes ago
NASHVILLE, Tenn. – The nation's severe weather outbreak enters its third day with a higher risk of strong, long-track tornadoes in densely populated areas.This comes as several damaging twisters tore across the Midwest and Ohio Valley on Tuesday, with Michigan being the hardest hit.TORNADO-WARNED STORMS CAUSE SIGNIFICANT DAMAGE IN MICHIGAN...
Chart of the Day: SPX Technologies - Featured Again!
Barchart45 minutes ago
Authors Note: SPXC was the Chart of the Day on February 20 when it closed at $110.37. Since that date it gained about 23%+ and today was at the top of my screening list again. The Chart of the Day belongs to the building products and equipment company SPX Technologies...