Market News
1 Dividend Stock to Snag for Robust Free Cash Flows
BarchartThu Dec 12, 6:30PM CST
This gold miner just made a game-changing acquisition that could boost its free cash flow, making its dividend-paying stock a top pick for investors eyeing big returns.
Could climate change be making predictions of La Nina and El Nino less reliable?
Fox WeatherThu Dec 12, 6:28PM CST
For months, the world has heard about the possibility of entering a La Niña phase, with some climate models even predicting it would occur during the previous spring. Despite these outlooks, water temperatures in parts of the Pacific have not reached the threshold required for La Niña, even though atmospheric...
Wheat Closes with Losses After Slow Export Sales
BarchartThu Dec 12, 5:41PM CST
The wheat complex closed with weakness across the three markets on Thursday. Chicago SRW futures were 4 ¼ to 4 3/4 cents lower across the board. KC HRW contracts were down 4 ¼ to 5 cents on the day. MPLS spring wheat closed with steady to 5 cent losses across...
Soybeans Close Near Unchanged on Thursday
BarchartThu Dec 12, 5:41PM CST
The soybean market posted a mixed Thursday close, as contracts were down 1 ¾ to ½ cent higher. CmdtyView’s national front month Cash Bean price was steady at $9.46 1/2. Soymeal futures were down $1.1 to $1.60/ton on the day. Soy Oil futures were back up 21 to 31 points...
Hogs Close with Thursday Gains
BarchartThu Dec 12, 5:41PM CST
Lean hog futures settled with 5 to 20 cent gains on Thursday. The national average base hog negotiated price was reported at $79.02 on Thursday afternoon, which was down $2.37 from the day prior. The CME Lean Hog Index was reported at $83.61 on December 10, up 28 cents from...
Corn Falls on Thursday After Weak Export Sales Data
BarchartThu Dec 12, 5:41PM CST
The corn market closed out the Thursday session with contracts down ½ to 6 ¼ cents, retreating from the early week rally. The national average Cash Corn price from cmdtyView was down 5 cents at $4.15. The weekly Export Sales report showed an 11-week low in corn bookings for 2024/25...
Cattle Fall Back on Thursday
BarchartThu Dec 12, 5:41PM CST
Live cattle futures reverted lower on Thursday with contracts down 12 cents to $1.22 at the close. Early cash action has seen $191 trade reported in KS this week, with action up to $195-196 in NE reported on Thursday. This morning’s Central Stockyards Fed Cattle Exchange online auction showed $192...
Cotton Steady at Thursday’s Close
BarchartThu Dec 12, 5:41PM CST
Cotton futures posted slightly mixed trade on Thursday, with contracts down 6 point to 5 points higher. The outside markets were pressure factors, with the US dollar index up 310 points and crude oil 27 cents/barrel lower. Export Sales data from this morning showed a total of 152,989 RB sold...
Wisconsin prepares for milk testing
Brownfield Ag NewsThu Dec 12, 3:56PM CST
Wisconsin’s state veterinarian says state officials are getting ready for the federal order requiring raw milk testing for highly pathogenic avian influenza. Dr. Darlene Konkle says they are taking steps to begin H5N1 testing. “We’re currently evaluating the contents of the order and the supplemental information that we’ve received, and...
More cash cattle trade activity on Thursday
Brownfield Ag NewsThu Dec 12, 3:56PM CST
Chicago Mercantile Exchange live and feeder cattle futures were lower on technical selling, while waiting to see how much direct cash business is left to be done this week. February live was down $.52 at $190.85 and April was $.45 lower at $192.17. January feeders were $.70 lower at $258.35...
Stocks Settle Lower as Bond Yields Climb
BarchartThu Dec 12, 3:32PM CST
The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.68%. Stock indexes on Thursday settled moderately lower, with the Dow Jones industrials posting a...
Feral swine bill passes state legislature in Ohio
Brownfield Ag NewsThu Dec 12, 3:24PM CST
The Ohio Senate has passed the Feral Swine bill is a unanimous and bipartisan vote this week. The bill aims to protect Ohio agriculture by eradicating the feral hog population, which poses a significant risk of disease to the state’s livestock industry. It passed out of the Ohio House unanimously...
Rep. Hinson concerned with rising HPAI cases in Iowa
Brownfield Ag NewsThu Dec 12, 3:24PM CST
Another case of highly pathogenic avian influenza has been detected in Iowa. The Iowa Department of Agriculture and Land Stewardship says the disease was found in a commercial turkey flock in Sac County. It’s the state’s seventh detection of HPAI within poultry in 2024, and the fourth since December 5th....
Farmland market softening, economist says
Brownfield Ag NewsThu Dec 12, 3:24PM CST
An ag economist says U.S. farmland prices are slowly decreasing. Ernie Goss is with Creighton University and says, “They are holding steady at a low level. This is the sixth time in the last seven months where they’ve been below growth neutral. We’re seeing weaker prices there, but not as...
Modestly lower finishes for corn and wheat
Brownfield Ag NewsThu Dec 12, 3:24PM CST
Soybeans were narrowly mixed, with nearby contracts up and deferred months down, as traders adjusted spreads. CONAB raised its outlook for Brazil’s bean crop slightly, now pegged at 166.211 million tons and production is currently expected to be up 12.5% on the year. Crop development weather in most of South...