Market News
Stocks See Support from Positive US Consumer Confidence Report and Tech Stocks
Barchart7 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. Stocks on Tuesday saw support from the stronger-than-expected US consumer confidence report. Higher...
More soybeans from South America might drive prices lower
Brownfield Ag News13 minutes ago
A University of Illinois professor says South American planting projections could depress world soybean prices even further. Professor Joana Colussi with the University of Illinois College of Agriculture and Consumer Economics tells Brownfield Brazil’s production is expected to grow, although not as fast as in past years. She says Brazil...
Rep. Flood frustrated on lack of 45Z guidance
Brownfield Ag News13 minutes ago
A U.S. Congressman from Nebraska says he’s frustrated that the U.S. Treasury has yet to release guidance for the Clean Fuel Production Act, also known as 45Z. Mike Flood tells Brownfield… “Without guidance from the Treasury, we’re hindering SAF production in the United States and there’s a lot of excitement...
Mass deportation could significantly harm the food supply chain
Brownfield Ag News13 minutes ago
A food economist says there would be severe repercussions throughout the food supply chain if a new administration was to implement mass deportations. David Ortega with Michigan State University says losing more than a million undocumented farmworkers would drive up labor and food costs immediately. “It may push many small...
Wheat up on USDA condition rating
Brownfield Ag News30 minutes ago
Soybeans were lower on speculative and technical selling. The U.S. soybean harvest is 89% complete and while some near-term rain delays are probable, the precipitation is welcome. Forecasts also have more rain in South America, boosting planting. Still, some areas could see a drier pattern over the next few days...
Closing Grain and Livestock Futures: October 29, 2024
Brownfield Ag News30 minutes ago
Dec. corn closed at $4.13 and 3/4, up 3 centsNov. soybeans closed at $9.65 and 1/4, down 8 and 3/4 centsDec. soybean meal closed at $301.80, down $3.00Dec. soybean oil closed at 42.80, up 11 pointsDec. wheat closed at $5.70 and 1/2, up 11 and 3/4 centsDec. live cattle closed...
Chapin recognized as NMPF’s Farmer Communicator of the Year
Brownfield Ag News30 minutes ago
The Chairman of the Michigan Milk Producers Association says dairy farmers are much more aware of how detect highly pathogenic avian influenza as wild birds move south this fall. Doug Chapin tells Brownfield, “I would definitely encourage producers to be on the watch for any chance where there’s any opportunity...
Tornado, Damaging Winds Threat Returns | Weather.com
Weather Channel37 minutes ago
Tornado, Damaging Winds Threat Returns | Weather.com
Interim Indiana State Veterinarian named
Brownfield Ag News46 minutes ago
Kyle Shipman has been named the interim Indiana state veterinarian. He will fulfill the duties of the office until members of the Indiana State Board of Animal Health can appoint a permanent state veterinarian. A nationwide search is underway to fill the agency head position permanently. Shipman will begin his...
Dollar Little Changed After Mixed US Economic Reports
Barchart59 minutes ago
The dollar index (DXY00 ) on Tuesday ended the day little changed. The dollar saw support from Tuesday's positive US consumer confidence report but was undercut by the weaker-than-expected US JOLTS job openings report. The dollar was boosted early in the session by a new 3-3/4 month high in the...
New research showing widespread distribution of SCN
Brownfield Ag News1 hour ago
An associate professor in crop sciences says ongoing testing for soybean cyst nematode has shown just how widespread the pest is. Nathan Schroeder at the University of Illinois tells Brownfield… “We’ve gotten samples from well over half of the counties in Illinois.” He says, “As we knew it’s distributed all...
Tornadoes Are A Fall, Winter Danger, Too | Weather.com
Weather Channel1 hour ago
Tornadoes Are A Fall, Winter Danger, Too | Weather.com
Where are Arabica Coffee Futures Heading?
Barchart1 hour ago
Arabica coffee futures prices rose to the highest level since 2011 in September 2024. While prices have corrected from the September high, the trend remains bullish, and the futures could challenge the $3 per pound level for the third time since the 1970s.
Down 96% From Highs, Billionaire David Einhorn Says This Stock is Significantly Undervalued
Barchart1 hour ago
After a series of rough patches, Peloton has bounced back strong over the past months - but remains an undervalued opportunity, according to billionaire David Einhorn.
NMPF leadership selected at annual meeting
Brownfield Ag News1 hour ago
The National Milk Producers Federation has several new board members. During their annual meeting last week in Phoenix, Arizona, delegates approved: Cowell and Eigenbrood also were elected to NMPF’s Executive Committee. Jacob Larson of Southeast Milk, Inc. was also elected chairman of the Small Cooperative Caucus and, in turn, to...