Monster tornado devastates Greenfield, Iowa: 'Most of this town is gone'
Fox Weather18 minutes ago
GREENFIELD, Iowa – The town of Greenfield in southwest Iowa took a direct hit from a huge tornado Tuesday."It's not good. I can say that much," FOX Weather Storm Tracker Brandon Copic said. He was one of the first on the scene after the town was destroyed."I can't speak on...
PayPal Stock Is Underperforming: Would Starting a Dividend Help?
Barchart28 minutes ago
PayPal stock has underperformed badly over the last three years. Should the company start paying a dividend now, and would that help to reverse its underperformance?
Hog Fade Lower on Tuesday
BarchartTue May 21, 4:54PM CDT
Lean hogs closed the Tuesday session with contracts steady to 62 cents lower across the board. USDA’s National Average Base Hog negotiated price was reported at $88.20 on Tuesday afternoon, up $1.77 from day prior. The CME Lean Hog Index was down 7 cents on May 17 at $92.22. USDA’s...
Cotton Posts Tuesday Strength
BarchartTue May 21, 4:54PM CDT
Cotton shrugged off the weakness from overnight trade, with contracts closing with 12 to 35 point gains. The outside market factors were not supportive again today, with crude oil $1.02 lower and the US dollar index 75 points higher. NASS Crop Progress data showed 44% of the US cotton crop...
Corn Slips Back Lower on Tuesday
BarchartTue May 21, 4:54PM CDT
Corn futures ended the Tuesday session with contracts fractionally 2 ½ cents in the red. Rains over the next couple days are limited to the WCB, with the ECB precip expected over the weekend. USDA reported a couple private export sale announcements this morning, with 113,050 MT split evenly between...
Soybeans Drop on Turnaround Tuesday Weakness
BarchartTue May 21, 4:54PM CDT
Soybeans closed out the Turnround Tuesday session with contracts steady to 11 ¾ cents in the red, as some bear spreading was apparent with the nearbys down the most. Soymeal futures were down 20 cents to $2.30/ton in the front months and 10 to 60 cents higher in the deferreds....
Wheat Extends Higher on Tuesday
BarchartTue May 21, 4:54PM CDT
The wheat complex was mixed to round out Tuesday, with the winter wheat holding up on Tuesday. Chicago contracts saw gains of 3 ¾ to 8 ¾ cents at the close. Kansas City futures posted fractional to 5 ¾ cent higher trade on the session. MPLS spring wheat futures were...
Cattle Rally Resumes on Tuesday
BarchartTue May 21, 4:54PM CDT
Live cattle posted higher trade on Tuesday, with contracts closing 75 cent to $1.87 higher. Cash trade this week has been relatively quite so far, with a few light trades of $192 in the north being picked up. USDA reported cash sales of $186 in the South, up to $190...
Cotton Posts Tuesday Strength
BarchartTue May 21, 4:54PM CDT
Cotton shrugged off the weakness from overnight trade, with contracts closing with 12 to 35 point gains. The outside market factors were not supportive again today, with crude oil $1.02 lower and the US dollar index 75 points higher. NASS Crop Progress data showed 44% of the US cotton crop...
Soybeans Drop on Turnaround Tuesday Weakness
BarchartTue May 21, 4:54PM CDT
Soybeans closed out the Turnround Tuesday session with contracts steady to 11 ¾ cents in the red, as some bear spreading was apparent with the nearbys down the most. Soymeal futures were down 20 cents to $2.30/ton in the front months and 10 to 60 cents higher in the deferreds....