Market News
Tropical disturbance threat looms in Caribbean, Gulf of Mexico next week as Central American Gyre stirs
Fox Weather46 minutes ago
MIAMI – As tropical activity in the Atlantic Ocean quiets down again, attention is shifting back to the Caribbean and Gulf of Mexico, where there are increasing signs of atmospheric conditions favorable for the development of possibly the next named storm sometime next week.The growing concern is linked to a...
Pioneer field agronomist concerned about effects of drought
Brownfield Ag News54 minutes ago
Agronomists are concerned about the long term impacts of Ohio’s statewide drought. Pioneer field agronomist Troy Putnam says drought conditions have expanded. “I think it’s interesting to watch some of the the numbers start to come in. We are just now getting started,” he says. “We’ve had some very, very...
Certified Ag Dealers and Fox Factory Vehicles launch first ever AGwagon
Brownfield Ag News54 minutes ago
Certified Ag Dealership has launched the first purpose-built truck for farmers and ranchers. CEO Pat Driscoll says it was designed by farmers with their needs in mind. “One of the very first things that our fourteen farmers and ranchers said is that they needed a heavy duty front end,” he...
Long term effects to Ohio’s soil and water amid drought
Brownfield Ag News1 hour ago
There are concerns about the long-term impacts of this year’s drought. The severe drought conditions plaguing much of Ohio will cause challenges well beyond this growing season. Jeff Duling is the president of the Ohio Federation of Soil and Water Conservation Districts. “It’s compacting. There’s a lot of cracks out...
Wheat Closes with Mixed Trade
Barchart1 hour ago
Wheat futures ended the Tuesday session mixed across all three exchanges hard red contracts showed the most strength. Chicago SRW futures were down ¾ to 2 ¾ cents at the close. KC HRW was mixed, with front months steady to ½ cent lower and back month ¼ to ½ cent...
Cattle Post Rally on Tuesday
Barchart1 hour ago
Live cattle futures posted 50 cent to $1.575 higher trade on Tuesday. Cash trade has yet to kick off this week, with Monday mostly compiling showlists. Last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with the North steady to $1...
Cotton Slips Lower on Tuesday
Barchart1 hour ago
Cotton futures faded off the 3 cent limit gains from Monday, with contracts closing down 14 to 94 points on Tuesday. The dollar index is back up 240 points so far, with crude oil futures up $1.02/barrel. Weekly Crop Progress data tallied cotton condition ratings at 39% in good/excellent categories,...
Soybeans Hold Higher on Tuesday
Barchart1 hour ago
Soybean futures settled Tuesday with contracts steady to 1 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1 ¼ cents at $9.44 ¾. Front month Soymeal futures was down $1.90 to 2.20/ton. Soy Oil futures were up 58 to 80 points across the board, with gains...
Hogs Post Triple Digit Strength on Tuesday
Barchart1 hour ago
Lean hog futures were up $1.12 to $1.85 in the nearby contracts on Tuesday, with other contracts 47 cents to $1.17 higher. The national average base hog price was reported at $77.33 on Tuesday afternoon, up 37 cents from the previous day. The CME Lean Hog Index was $84.38 on...
Cotton Slips Lower on Tuesday
Barchart1 hour ago
Cotton futures faded off the 3 cent limit gains from Monday, with contracts closing down 14 to 94 points on Tuesday. The dollar index is back up 240 points so far, with crude oil futures up $1.02/barrel. Weekly Crop Progress data tallied cotton condition ratings at 39% in good/excellent categories,...
Hogs Post Triple Digit Strength on Tuesday
Barchart1 hour ago
Lean hog futures were up $1.12 to $1.85 in the nearby contracts on Tuesday, with other contracts 47 cents to $1.17 higher. The national average base hog price was reported at $77.33 on Tuesday afternoon, up 37 cents from the previous day. The CME Lean Hog Index was $84.38 on...