Market News

These 3 Dividend Kings Could Skyrocket Before the Next Market Rally
BarchartFri Apr 25, 6:00PM CDT
These three dividend kings are close to oversold and could return triple-digit growth over the next 12 months.

Hogs Rally on Friday
BarchartFri Apr 25, 5:00PM CDT
Lean hog futures closed the Friday session with contracts up 85 cents to $1.25. June was up $3.125 on the week to close over $100. USDA’s national average base hog negotiated price was back up 8 cents from the day prior at $91.39 in the Friday PM report. The CME...

Wheat Closes Friday with Mixed Action
BarchartFri Apr 25, 5:00PM CDT
The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in...

Corn Close on a Mixed Note
BarchartFri Apr 25, 5:00PM CDT
The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4. USDA reported a...

Cotton Pull Back on Friday
BarchartFri Apr 25, 5:00PM CDT
Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming...

Soybeans Slip Lower into the Weekend
BarchartFri Apr 25, 5:00PM CDT
Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the...

Cattle Hold onto Gains Heading into the Weekend
BarchartFri Apr 25, 5:00PM CDT
Live cattle futures saw contracts close steady to 75 cents higher on Friday, with June up $4.175 this week. Cash trade was delayed until Friday, with the South coming in at $212-213, up $2-3 from last week. Northern trade was up to $218, $4-5 higher on the week. Feeder cattle...
Illinois Commodity Groups React to Sen. Dick Durbin’s Retirement From Congress
Successful FarmingFri Apr 25, 4:10PM CDT
Illinois Commodity Groups React to Sen. Dick Durbin’s Retirement From Congress
Crop pests migrating into Midwest
Brownfield Ag NewsFri Apr 25, 4:02PM CDT
There are increasing reports of crop pests migrating north into the Midwest. Iowa State University Extension agronomist Angie Rieck-Hinz says there’s been significant black cutworm moth and true armyworm moth flights the past two weeks. “They’re migratory (so) they fly up from the south (and) are attracted to the green...
NWS office resumes balloon launches with additional staff to support communities, agriculture
Brownfield Ag NewsFri Apr 25, 4:02PM CDT
The National Weather Service in Omaha will resume weather balloon launches this week to help provide more accurate information to the region’s ag producers. Congressman Mike Flood of Nebraska says this is good news for farmers and ranchers. “Without that atmospheric data from weather balloons, it compromises the forecasting precision...
Wisconsin weather monitoring network expands, gets new website
Brownfield Ag NewsFri Apr 25, 4:02PM CDT
Wisconsin’s online weather and soil monitoring network has received some upgrades. Christopher Kucharik is with the Wisconsin Energy Institute, a part of the University of Wisconsin in Madison. He tells Brownfield the Wisconet environmental mesonet just launched a new website improving free and easy access to their network of monitoring...
Did Ancient Mars Have Weather? New Study Suggests Yes | Weather.com
Weather ChannelFri Apr 25, 3:55PM CDT
Did Ancient Mars Have Weather? New Study Suggests Yes | Weather.com
Routine federal food safety inspections need resources to move to states
Brownfield Ag NewsFri Apr 25, 3:46PM CDT
States could soon be responsible for routine federal food safety inspections if budget proposals being considered by the Trump administration move forward. Joe Reardon with the National Association of State Departments of Agriculture is a former Senior Advisor for Federal-State Relations with the Food and Drug Administration. He tells Brownfield...
Hog futures supported by cash and wholesale business
Brownfield Ag NewsFri Apr 25, 3:46PM CDT
At the Chicago Mercantile Exchange, live cattle were mixed, feeders were higher, waiting for the week’s direct trade to develop. June live cattle closed $.25 higher at $208.25 and August live cattle were unchanged at $204.10. May feeder cattle closed $1.45 higher at $290.52 and August feeder cattle closed $1.60...
Quiet, mixed end to the week for soybeans, corn, wheat
Brownfield Ag NewsFri Apr 25, 3:46PM CDT
Soybeans were mixed, with nearby months ending the week higher. The trade was monitoring the early U.S. planting pace, expecting some delays, and Argentina’s harvest, which is behind due to rain. The Buenos Aires Grain Exchange says 14.5% of the crop has been harvested. Beans continue to wait for any...