Stocks Settle Higher as Strength in US Payrolls Signals Economic Resilience
The S&P 500 Index ($SPX ) (SPY ) Friday closed up by +0.90%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +1.22%. Stocks rallied Friday as a stronger-than-expected US Sep payroll report bolstered...
Can Gold rally with a strong labor report? Here’s our outlook next week on commodities..
Phil Streible breaks down key impacts on commodities and metals markets, from China’s stimulus to oil’s 9% surge on the Schwab Network. Watch how these trends could shape inflation, the Fed’s next move, and more.
Soybeans, corn, wheat end week on a down note
Soybeans were lower on fund and technical selling, adding to what would have already been a lower weekly finish. Soybeans continue to monitor U.S. harvest activity and yield results, along with the planting conditions in Argentina and Brazil. China bought 116,000 tons of new crop U.S. soybeans ahead of the...
National Truck Shipments and Imports (Movement) Report in Packages
REPORTING OFFICE: WASHINGTON OCT 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: THU OCT 03 2024 ...
National Truck Shipments and Imports (Movement) Report in 10,000 lb units
REPORTING OFFICE: WASHINGTON OCT 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: THU OCT 03 2024 ...
Truck Shipments (Movement) in Packages - Idaho Falls, ID
REPORTING OFFICE: IDAHO FALLS OCT 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: THU OCT 03 2024 *MODE IS TRUCK...
Truck Shipments (Movement) in 10,000 lb Units - Idaho Falls, ID
REPORTING OFFICE: IDAHO FALLS OCT 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: THU OCT 03 2024 * MODE IS TRUCK UNLESS OTHERWISE STATED ...
Finding a fix for Proposition 12 remains a priority
A recent poll indicates many voters in battleground states want Congress to prevent states like California from setting animal welfare standards that apply beyond its borders. Andy Curliss, vice president of strategic engagement with the National Pork Producers Council, says it’s impacting grocery costs, and consumers are concerned. “They are...
Position balance sheets with future in mind
An ag lender encourages crop farmers to position balance sheets with the future in mind. Amanda Durow with CoBank says liquidity is the best tool for dealing with tight margins. “We know financing, most of the cooperatives and grain farm supply businesses that there’s a lot of grain still left...
Dollar Rallies on a Strong US Payroll Report
The dollar index (DXY00 ) Friday rose by +0.51% and posted a 7-week high. The dollar has rallied every day this week as stronger-than-expected US economic news reduced the chances for a 50 bp Fed rate cut at next month’s FOMC meeting. Friday’s US Sep payroll report added to recent...
Truck Shipments (Movement) in 10,000 lb Units - El Centro, CA
REPORTING OFFICE: EL CENTRO OCT 04 2024 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: THU OCT 03 2024 *MODE IS TRUCK...
Ohio Soybean Association says 45Z tax credit should only be for domestic feedstocks
The director of public policy at the Ohio Soybean Association says the organization wants sustainable aviation fuel to be produced domestically. Brandon Kern tells Brownfield… “We have a 45Z tax credit. The guidance from the U.S. Treasury is going to be coming out,” he says. “That tax credit becomes effective...