Can This 'Magnificent 7' Underperformer Climb As High As It Did Last Year?
Barchart3 minutes ago
Following the company's disastrous first quarter results, investing in Tesla now carries significant risk.
3 Stocks to Buy With Multiple Unusually Active Options Worth Considering
Barchart7 minutes ago
In Thursday’s trading, 636 unusually active options expiring in 21 days or longer. Of those, 35 stocks had at least four contracts in the mix. Here are the three stocks to buy now from this exclusive group.
Too early to know if beef herd is expanding
Brownfield Ag News13 minutes ago
Beef cow slaughter has slowed, but a livestock economist says its still too early for indications that the herd is expanding. University of Missouri’s Scott Brown says, “It’s a sign that we’ll have to continue to watch as we go forward. When you look at now, first quarter of this...
Red meat production sees year-over-year decline
Brownfield Ag News13 minutes ago
The USDA says March red meat production dropped 11 percent on the year. Beef production declined 12% to 2.1 billion pounds, with total cattle slaughter at 2.51 million head, down 15% from the previous year. Pork production was down 10% on the year, with total hogs slaughtered down 9% from...
Wheat Rallying to Round out Strong Week
Barchart26 minutes ago
Wheat bulls are continuing to push the shorts out on Friday, as contracts are up across much of the board. Kansas City continues to lead the way, with gains of 10 to 13 cents at midday. Chicago futures are trading with 4 to 5 cent gains across the front months....
Soybeans Hesitant to Head Higher on Planting Delays
Barchart26 minutes ago
Soybeans are trading with fractional to 3 ¼ cent losses across the nearby contracts on Friday. Soymeal is down $2.30 in the nearby May contract. Soy Oil is showing some strength, up 15 points for May. May options expire across the complex today. Planting will likely be put on hold...
Cattle Regaining Strength to Round Out Week
Barchart26 minutes ago
Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked off on Thursday with a steady/higher note this week, as the South was at $182 in TX and $182-183 in KS, even to $1 above a...
Cotton Mixed on Friday
Barchart26 minutes ago
Cotton futures showing mixed action on Friday, with front months up 6 to 49 points and December and beyond down 3 to 22 points. The outside markets are providing a mixed influence, with crude oil up 45 cents/barrel and the US dollar index 469 points higher. ICE certified cotton stocks...
Hogs Continue Drop into Friday
Barchart26 minutes ago
Lean hogs are down another $1.12 to $2.45 at midday. USDA’s National Average Base Hog negotiated price was not reported on Friday morning, with a 5 day rolling average at 90.45. The CME Lean Hog Index was back down 21 cents on April 24 at $91.43. May futures still hold...
Corn Sneaking Higher into the Weekend
Barchart26 minutes ago
Midday action in the corn market has futures showed fractional to 1 cent gains across the front months. Some spillover support form wheat could be attributed to the gains. Rains over the next few days will put a pause on planting for a good chunk of the Corn Belt. There...