Market News
3 High-Yield Dividend Stocks Ready to Surge in 2025
BarchartFri Nov 1, 6:00PM CDT
These three companies pay above-average dividends, and their stocks still look cheap.
Helene damages over 800,000 acres of North Carolina forests
Fox WeatherFri Nov 1, 5:30PM CDT
RALEIGH, N.C — The extensive damage from Hurricane Helene is estimated to reach well into the tens of billions. A significant portion of the amount will come from the widespread loss of trees and forest land.The North Carolina Forest Service has completed an aerial damage assessment of forest lands across...
Wheat Starts November with Weakness
BarchartFri Nov 1, 4:51PM CDT
The wheat complex posted losses across the three exchanges on Friday. Chicago SRW futures saw fractional to 2 ½ cent losses on the day, as December closed out the week down a penny. KC HRW contracts were 1 to 2 ¾ cents lower across the board, with December slipping 5...
Cattle Mixed on Friday, as Feeder Turn to Strength
BarchartFri Nov 1, 4:51PM CDT
Live cattle futures closed out the Friday session with contracts anywhere from 37 cents lower in nearby Dec to 35 cents higher for April. Dec saw a $3.22 drop since last Friday. Cash action saw trade this week anywhere from $189-190. Feeder cattle futures shrugged off early losses and settled...
Soybeans Fail to Hold Gains Following Export Business amid Meal Pressure
BarchartFri Nov 1, 4:51PM CDT
Soybeans settled the Friday session with contracts steady to 1 ½ cents in the red, despite early strength and export business. January managed a 3 ¾ cent loss on the week. CmdtyView’s national front month Cash Bean price was up 3 1/4 cents at $9.34. Soymeal futures were down $3.50...
Corn Bulls Helped Out By Export Sales to Kick Off November
BarchartFri Nov 1, 4:51PM CDT
Corn futures closed out the Friday session with most contracts steady to 3 ¾ cents higher. That was led by December, which cut down the weekly loss to just ¾ cent. The national average Cash Corn price from cmdtyView was up 6 1/2 cents at $3.85 3/4 per bu. The...
Hogs Hold Gains on Friday, as Specs Push to Record Net Long
BarchartFri Nov 1, 4:51PM CDT
Lean hogs posted Friday gains of 7 to 82 cents across most contracts, as December was up another $4.40 on the week. The national average base hog price was reported at $79.06 on Friday afternoon, down $3.64 from the previous day. The CME Lean Hog Index was reported at $85.93...
Cotton Posts Friday Gains
BarchartFri Nov 1, 4:51PM CDT
Cotton futures were back up anywhere from 2 to 60 points on Friday, as December was down 49 points on the week. The outside markets were mixed factors, with crude oil up 9 cents/barrel and the US dollar index 357 points higher. Friday’s Commitment of Traders report showed speculators in...
Fall a good time to look for weed resistance
Brownfield Ag NewsFri Nov 1, 4:06PM CDT
Herbicide-resistant weeds could be making their presence known this fall. Corteva Agriscience Enlist field specialist Mark Mongen says weed resistance can develop quickly or slowly depending on the weed species and other factors. “If conditions are good and you made timely herbicide applications and you still don’t get control, that...
Vilsack: avian flu in hogs different than cattle
Brownfield Ag NewsFri Nov 1, 4:06PM CDT
Ag Secretary Tom Vilsack says the avian influenza confirmed in hogs on a backyard farm operation in Oregon at the end of October is a different variation from the H5N1 that’s been found in cattle. “It’s not even the same necessarily compared to what we see in the poultry circumstances,”...
Economist hopes for ARC-PLC changes in next farm bill
Brownfield Ag NewsFri Nov 1, 3:50PM CDT
An agricultural economist says he hopes the farm bill safety net programs are modernized in the next farm bill. Paul Mitchell with the University of Wisconsin-Madison tells Brownfield the recently-announced Ag Risk Coverage and Price Loss Coverage payments for the 2023 crop year are not helping farmers very much. “There...
Army Corps to close Minneapolis locks on Upper Mississippi
Brownfield Ag NewsFri Nov 1, 3:50PM CDT
A dry fall is resulting in the early closure of two locks along the Upper Mississippi River. The U.S. Army Corps of Engineers announced Friday they are closing the Lower St. Anthony Falls Lock and Dam, and Lock and Dam 1 near Minneapolis to commercial and recreational vessels. Navigation will...
Cattle futures mostly higher to end the week
Brownfield Ag NewsFri Nov 1, 3:34PM CDT
At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were up on technical buying. December live cattle closed $.37 lower at $185.92 and February lives closed $.12 higher at $186.90. January feeders closed $1.87 higher at 243.20 and March feeders closed $2.07 higher at $241.15. Direct cash...
Policies like 45Z will likely make or break SAF market opportunities
Brownfield Ag NewsFri Nov 1, 3:34PM CDT
Federal policy will likely make or break market opportunities for sustainable aviation fuel production. CoBank economist Jacqui Fatka says SAF could generate demand for domestic grains and oilseeds similar to the ethanol and renewable diesel markets. “But a lot of things have to come in line for this to be...
Mixed end to the week for soybeans, corn
Brownfield Ag NewsFri Nov 1, 3:34PM CDT
Soybeans were mostly modestly lower, pulling the most active months to slight weekly losses. Beans were up early but peeled back in cautious trade with bean oil moving down from its highs. With the U.S. harvest essentially over, all eyes are on planting and development conditions in Argentina and Brazil....