Market News

How a Stablecoin Could Absolutely Transform This ‘Strong Buy’ Dividend King
Barchart1 hour ago
Walmart’s potential launch of its own stablecoin could revolutionize its payment processing, saving billions of dollars in credit card fees.

OpenAI CEO Sam Altman Says ‘We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life’
BarchartWed Jun 18, 5:32PM CDT
OpenAI’s ChatGPT memory feature marks a significant step forward in AI personalization, but it also highlights the urgent need for transparent, user-centric privacy controls.

Wheat Rallies Double Digits, as Shorts Cover
BarchartWed Jun 18, 5:21PM CDT
The wheat market was rallying across the three markets on Wednesday, as shorts were busy their large position. Chicago SRW futures were 25 to 26 cents higher in the front months. Kansas City HRW contracts posted 23 to 24 cent gains. Minneapolis spring wheat futures were 15 to 18 cents...

Hogs Close Mixed on Wednesday, as Cash Strength Continues
BarchartWed Jun 18, 5:21PM CDT
Lean hog futures were mixed on Wednesday, with contracts up 52 cents to slightly lower. USDA’s daily direct hog report showed the negotiated hog price at $114.07 on Wednesday afternoon, up $4.83 from the day prior. The CME Lean Hog Index was up $1.25 on June 16, at $104.95 The...

Soybeans Soften Late to Close with Fractional Gains
BarchartWed Jun 18, 5:21PM CDT
Soybeans closed the Wednesday session with contracts fractionally higher. The cmdtyView Cash Bean price is up 1/2 cents to $10.26 1/2. Soymeal futures were down 10 to 30 cents/ton. Soy Oil was down 2 to 11 points higher on Wednesday. The next week showed forecast precipitation from NE, through IA,...

Cattle Rebounds, But Cash Pulls Back
BarchartWed Jun 18, 5:21PM CDT
Live cattle futures posted 67 cent to $1.05 gains on Wednesday. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards saw no trade with bids down at $223-225. Outside of that, trade was reported at $236 in the north, down $4-6. Feeder cattle futures posted slight Wednesday strength,...

Cotton Falls Lower on Wednesday
BarchartWed Jun 18, 5:21PM CDT
Cotton futures were down 21 to 88 points across most contracts on Wednesday. Crude oil was up 25 cents to $75.09/barrel, as price action was a little quieter. The US dollar index was back down $0.061 to $98.455. The markets will be closed on Thursday in observance of Juneteenth, with...

Corn Pushes Higher ahead of the Holiday on Spillover Support
BarchartWed Jun 18, 5:21PM CDT
Corn futures posted gains across most contracts on Wednesday with contracts 2 to 6 cents higher, as nearby July was up 2 cents. The front month CmdtyView national average Cash Corn price was up 1/4 cents at $4.08. The weekly EIA report showed ethanol production dropping back by 11,000 barrels...
SPF + Makeup: Making Them Play Nice | Weather.com
Weather ChannelWed Jun 18, 4:25PM CDT
SPF + Makeup: Making Them Play Nice | Weather.com
Samsung Weather News | Weather.com
Weather ChannelWed Jun 18, 4:01PM CDT
Samsung Weather News | Weather.com

Stocks Erase Early Gains on Fed Chair Powell’s Inflation Remarks
BarchartWed Jun 18, 3:57PM CDT
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed unchanged. June E-mini S&P futures (ESM25 ) are unchanged, and June E-mini Nasdaq futures (NQM25 )...
Wet field conditions are keeping Wisconsin drone operators busy
Brownfield Ag NewsWed Jun 18, 3:52PM CDT
A drone dealer and custom applicator says field conditions have keep his team very busy this spring. Jeramy Williams with central-Wisconsin based American Drone says, “We have been getting a ton of rain so yup, we’ve been pretty busy helping folks out.” Williams tells Brownfield when fields are too wet...
Early signs of tar spot
Brownfield Ag NewsWed Jun 18, 3:36PM CDT
An extension field crop pathologist at Purdue University says farmers should be on the lookout for early tar spot development to prevent long-term damage. Darcy Telenko says tar spot has now been confirmed in Indiana, Illinois, Kansas, Missouri, Iowa, and Nebraska. “Does the lesion go all the way through the...
Cash hogs sharply higher amid strong global demand for U.S. pork
Brownfield Ag NewsWed Jun 18, 3:36PM CDT
Chicago Mercantile Exchange live and feeder cattle futures were mixed, mostly higher, with boxed beef up at midday, preparing for widespread direct business and Friday’s USDA Cattle on Feed report. August live was up $1.02 at $211.67 and October was $.67 higher at $209.22. August live cattle was $.82 higher...
Wheat gains on harvest delays, quality concerns
Brownfield Ag NewsWed Jun 18, 3:36PM CDT
Soybeans were narrowly mixed. Most forecasts have hotter temperatures in many areas starting later this week, but it’s expected to be a short-lived pattern. Additionally, if rain materializes as expected, it’d be broadly beneficial for development. The USDA’s updated supply, demand, and production numbers are out July 11th. Ahead of...