Market News

Cotton Holds Steady on Thursday
Barchart26 minutes ago
Cotton futures posted marginally mixed trade on Thursday, with nearby March down a point and other contracts up 2 to 3 points. The outside markets were pressure factors, as crude oil futures were down $0.51/barrel. The US dollar index was up 0.113 on the day. Export Sales data from USDA...

Cattle Collapses on Thursday
Barchart26 minutes ago
Live cattle futures posted losses of $2.90 to $4.525 on Thursday. Cash trade has trickled in at $208 in the North so far, down $2-4 from last week. Southern sales are coming in at $206, down $2 from the week prior. The Thursday morning Fed Cattle Exchange online auction from...

Hogs Firmer on Thursday
Barchart26 minutes ago
Lean hog futures were firm to 20 cents higher in the front months on Thursday. The national average base hog negotiated price was reported at $86.23 on Thursday afternoon, down 48 cents from the day prior. The CME Lean Hog Index was reported at $84.60 on February 4, up 52...

Wheat Bulls Pull Out Double Digit Gains on Thursday
Barchart26 minutes ago
Wheat futures posted gains across the three exchanges on Thursday. Chicago SRW futures were up 14 to 16 cents in the nearbys to close out the day. KC HRW futures were 15 to 16 cents higher in the front months on the session. MPLS spring wheat was 9 to 10...

Soybeans Push Higher on Thursday
Barchart26 minutes ago
The soybean market posted 3 to 4 cents across most front months on Thursday. CmdtyView’s national front month Cash Bean price was up 3 1/2 cents at $9.99 3/4. Soymeal futures were down $1.40 to $2/ton, with Soy Oil futures 31 points higher. This morning in his senate confirmation hearing,...

Corn Holds Gains into the Close
Barchart26 minutes ago
The corn market faded off the early session weakness, with contracts up 1 to 3 cents on Thursday. The national average Cash Corn price from cmdtyView is back up 2 ¼ cents at $4.61 1/2. Export Sales data totaled corn bookings for 2024/25 at 1.477 MMT, on the high end...
Cattle futures drop on direct cash pressure
Brownfield Ag News1 hour ago
Chicago Mercantile Exchange live and feeder cattle were sharply lower, pressured by this week’s direct business and some signs the strength in wholesale beef might be waning for now. April live was down $4.52 at $196.77 and June was $4.07 lower at $191.82. March feeders were $5.42 lower at $265.30...

This Penny Stock Just Doubled on Clinical Trial Results. Analysts Think It Can Surge 266% From Here.
Barchart1 hour ago
Investors could consider this penny stock after its COVID-19 antibody breakthrough sent shares soaring, and analysts see massive triple-digit gains ahead.
Mandatory country of origin labeling reintroduced
Brownfield Ag News1 hour ago
Bipartisan legislation has been reintroduced in the U.S. Senate to reinstate country of origin labeling for beef. Majority Leader John Thune of South Dakota, bill co-sponsor, called on Ag Secretary nominee Brooke Rollins to find a World Trade Organization-compliant labeling solution for beef during her recent confirmation hearing. “The system...
The timing of the rain will matter this year
Brownfield Ag News1 hour ago
With a La Niña in place, precipitation could be sparse throughout much of the Corn Belt. CattleFax meteorologist Matt Makens tells Brownfield, “Whether it be early May, mid-May, late may, early June, whenever you need that water, it’s got to be well timed because odds are against a super wet...

Elon Musk Is Killing Tesla’s Europe Business. Should You Sell TSLA Stock or Buy the Dip?
BarchartThu Feb 6, 3:34PM CST
As political controversy swirls around Elon Musk, Tesla’s European troubles mount. So, is it time to sell this stock, or is it a golden buying opportunity?

Stocks Settle Mainly Higher Ahead of Friday’s US Payroll Report
BarchartThu Feb 6, 3:33PM CST
The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.54%. March E-mini S&P futures (ESH25 ) rose by +0.20%, and March E-mini Nasdaq futures...
Governor Mike Parson honored with naming of new Meat Sciences Lab
Brownfield Ag NewsThu Feb 6, 3:24PM CST
The University of Missouri Board of Curators has voted to name the developing meat sciences laboratory on the MU campus after former Governor Mike Parson. The new building’s name will be the Michael L. Parson Meat Science Education and Training Laboratory. Board of Curators Chair Todd Graves says the board...
Closing Grain and Livestock Futures: February 6, 2025
Brownfield Ag NewsThu Feb 6, 3:24PM CST
Mar. corn closed at $4.95 and 1/4, up 2 centsMar. soybeans closed at $10.60 and 1/2, up 3 and 1/2 centsMar. soybean meal closed at $306.40, down $1.90Mar. soybean oil closed at 45.40, up 31 pointsMar. wheat closed at $5.87 and 3/4, up 15 and 1/2 centsApr. live cattle closed...
Wheat ends session solidly higher
Brownfield Ag NewsThu Feb 6, 3:08PM CST
Soybeans higher on short covering and technical buying. There’s been more rain in dry parts of Argentina, likely stabilizing crop conditions, but some top end yield potential may have already been lost in some areas. The Buenos Aires Grain Exchange says 68% of Argentina’s soybean crop is good to excellent,...