The Nov WTI trading session settled at 69.88(-0.08) , had a high of 70.31, a low of 68.58. Cash price is at 71.21(+1.07), while open interest came in at 346,083. Higher on the day by -0.11% CLX traded above its 7 day (68.2) but below its 20 day (70.42), its...

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Wheat Retraces but Support Holds for Now

I find it more than interesting the Fed cut rates by a half.  I say that due to my initial analysis of economic government reports not reflecting the inflation impact on most consumers.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down by -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.45%. Stocks on Wednesday gave up mid-session gains and turned lower as...

The executive director of the Iowa Renewable Fuels Association says he’s hopeful a federal solution for year-round E15 will be prioritized in early 2025. Monte Shaw tells Brownfield legislation has stalled in Congress. “It’s being blocked by one senator who has a refiner in his backyard and he’s just not...

A representative of the food processing industry is encouraging lawmakers to source food for schools domestically. Kay Rentzel, Executive Director of the Southeastern Food Processors Association, National Peach Council, and U.S. Sweet Potato Council, testified during Wednesday’s U.S. Senate Ag subcommittee hearing on how a buy American provision guarantees students...

A crop seed specialist says disease has been a challenge for farmers in the western Corn Belt. Mike Gruener with Wyffels Hybrids tells Brownfield… “With all the early rainfall, we’re seeing a lot of crown rot in the corn and then in this immediate area right around central Nebraska, Southern...

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Slow day - Fed's 1/2 point cut and absurd Soybean prices

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