Lean hog futures ended the Tuesday session with 30 cent to $1.025 gains in the nearbys. The national average base hog price was reported at 78.90 on Tuesday afternoon, $2.26 higher than the day prior. The CME Lean Hog Index was $86.47 on August 29, down 57 cents from the day prior. USDA’s FOB plant pork cutout value was up $1.59 in the Tuesday PM report at $98.82 per cwt. All primals were reported...
Lean hog futures ended the Tuesday session with 30 cent to $1.025 gains in the nearbys. The national average base hog price was reported at 78.90 on Tuesday afternoon, $2.26 higher than the day prior. The CME Lean Hog Index was $86.47 on August 29, down 57 cents from the day prior. USDA’s FOB plant pork cutout value was up $1.59 in the Tuesday PM report at $98.82 per cwt. All primals were reported higher, with the ham up $2.91to lead the way. USDA estimated the Tuesday FI hog slaughter at 484,000 head, with the week to date total at 486,000 head. That is well below the previous non-holiday week but 12,698 head larger than the same week last year. Oct 24 Hogs closed at $82.525, up $0.300, Dec 24 Hogs closed at $73.800, up $1.025 Feb 25 Hogs closed at $76.325, up $0.950, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Live cattle futures posted losses on Tuesday, with contracts down 35 to 60 cents at the close. Cash trade has yet to get kicked off this week. It found its footing last week at $233 to $236.50 live and $370 dressed. Feeder cattle futures closed with mostly weaker trade on Tuesday, down 50 to 60 cents, with soon to expire January up 15 cents. The CME Feeder Cattle Index was up $1.16 to $364.73 on J...
Live cattle futures posted losses on Tuesday, with contracts down 35 to 60 cents at the close. Cash trade has yet to get kicked off this week. It found its footing last week at $233 to $236.50 live and $370 dressed. Feeder cattle futures closed with mostly weaker trade on Tuesday, down 50 to 60 cents, with soon to expire January up 15 cents. The CME Feeder Cattle Index was up $1.16 to $364.73 on January 26. USDA’s wholesale Boxed Beef report from Tuesday afternoon showed weaker prices, with the Chc/Sel spread widening to $2.92. Choice boxes were down 79 cents to $368.11, while Select was $1.93 lower at $365.19. Tuesday’s USDA federally inspected cattle slaughter was estimated at 112,000 head, with the weekly total at 212,000 head. That was 7,000 head below last week and 24,878 head shy of the same week last year. Don’t Miss a Day: Feb 26 Live Cattle closed at $235.600, down $0.425, Apr 26 Live Cattle closed at $237.400, down $0.600, Jun 26 Live Cattle closed at $233.250, down $0.375, Jan 26 Feeder Cattle closed at $366.850, up $0.150, Mar 26 Feeder Cattle closed at $362.000, down $0.600, Apr 26 Feeder Cattle closed at $360.650, down $0.550, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Earth is closer than it has ever been to destruction as Russia, China, the US and other countries become “increasingly aggressive, adversarial, and nationalistic”, a science-oriented advocacy group said on Tuesday as it advanced its Doomsday Clock to 85 seconds until midnight. The Bulletin of the Atomic Scientist members had an initial demonstration on Friday and then announced their results on Tu...
Earth is closer than it has ever been to destruction as Russia, China, the US and other countries become “increasingly aggressive, adversarial, and nationalistic”, a science-oriented advocacy group said on Tuesday as it advanced its Doomsday Clock to 85 seconds until midnight. The Bulletin of the Atomic Scientist members had an initial demonstration on Friday and then announced their results on Tuesday. The scientists cited risks of nuclear war, the climate crisis, potential misuse of biotechnology and the increasing use of artificial intelligence without adequate controls as it made the annual announcement, which rates how close humanity is from ending. Last year the clock advanced to 89 seconds to midnight. Since then, “hard-won global understandings are collapsing, accelerating a winner-takes-all great power competition and undermining the international cooperation” needed to reduce existential risks, the group said. They worry about the threat of escalating conflicts involving nuclear-armed countries, citing the Russia-Ukraine war, May’s conflict between India and Pakistan and whether Iran is capable of developing nuclear weapons after strikes last summer by the US and Israel. International trust and cooperation is essential because, “if the world splinters into an us-versus-them, zero-sum approach, it increases the likelihood that we all lose,” said Daniel Holz, chair of the group’s science and security board. The group also highlighted droughts, heatwaves and floods linked to global warming, as well as the failure of countries to adopt meaningful agreements to fight global warming – singling out Donald Trump’s efforts to boost fossil fuels and hobble renewable energy production. Starting in 1947, the advocacy group used a clock to symbolize the potential and even likelihood of people doing something to end humanity. At the end of the cold war, it was as close as 17 minutes to midnight. In the past few years, to address rapid global changes, the group has chang...
Soybeans closed Tuesday with contracts 5 to 6 cents higher in the nearbys. The cmdtyView national average Cash Bean price was 6 1/4 cents higher at $9.99 1/2. Soymeal futures were down 30 cents to 60 cents higher, with Soy Oil futures 41 to 53 points higher. Brazil soybean exports in January are estimated at 3.23 MMT, according to ANEC, down 0.56 MMT from last week’s estimate. That would still be ...
Soybeans closed Tuesday with contracts 5 to 6 cents higher in the nearbys. The cmdtyView national average Cash Bean price was 6 1/4 cents higher at $9.99 1/2. Soymeal futures were down 30 cents to 60 cents higher, with Soy Oil futures 41 to 53 points higher. Brazil soybean exports in January are estimated at 3.23 MMT, according to ANEC, down 0.56 MMT from last week’s estimate. That would still be up from the 1.07 MMT shipped in Jan 2025. Don’t Miss a Day: EU soybean imports have totaled 7.06 MMT from July 1 to January 23 according to the European Commission, down from the 8.15 MMT for the same period last year. Mar 26 Soybeans closed at $10.67 1/4, up 5 1/2 cents, Nearby Cash was $9.99 1/2, up 6 1/4 cents, May 26 Soybeans closed at $10.79 1/2, up 5 1/2 cents, Jul 26 Soybeans closed at $10.92 1/2, up 5 cents, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in the nearbys. KC HRW futures were up 2 to 3 cents across the front months. MPLS spring wheat was 2 to 3 cents higher at the close. The US dollar index shot lower on the day, down $1.282 to $95.575 and providing some support. After premium was taken out on Monday following last weeken...
The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in the nearbys. KC HRW futures were up 2 to 3 cents across the front months. MPLS spring wheat was 2 to 3 cents higher at the close. The US dollar index shot lower on the day, down $1.282 to $95.575 and providing some support. After premium was taken out on Monday following last weekend’s snow/cold event, the next week looks to be drier for much of the country. Cooler temps are expected to hold for the next week before seeing above normal temps further into February. Don’t Miss a Day: European Commission data showed 12.38 MMT of wheat shipped from July 1 to January 23. That is now down just 0.06 MMT from the same period last year. SovEcon estimates the Russian wheat export number by 1.1 MMT to 45.7 MMT for 2025/26. Mar 26 CBOT Wheat closed at $5.23 1/4, up 3/4 cent, May 26 CBOT Wheat closed at $5.32 3/4, unch, Mar 26 KCBT Wheat closed at $5.32 3/4, up 3 cents, May 26 KCBT Wheat closed at $5.42 3/4, up 2 1/4 cents, Mar 26 MIAX Wheat closed at $5.72 3/4, up 2 cents, May 26 MIAX Wheat closed at $5.84 3/4, up 2 1/4 cents, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Cotton futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude oil futures were up $1.96 per barrel on the day at $62.56. The US dollar index was down another $1.282 on pressure late in the day to $95.575. The Monday online auction from The Seam showed sales of 59.58 cents/lb on 12,326 bales. The Cotlook A Index was steady on January 23 at 74.0...
Cotton futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude oil futures were up $1.96 per barrel on the day at $62.56. The US dollar index was down another $1.282 on pressure late in the day to $95.575. The Monday online auction from The Seam showed sales of 59.58 cents/lb on 12,326 bales. The Cotlook A Index was steady on January 23 at 74.05 cents. ICE certified cotton stocks were down another 1,317 bales on 1/26 with the certified stocks level at 8,595 bales. The Adjusted World Price was updated to 50.99 cents/lb on last week, down 18 points from the week prior. Don’t Miss a Day: Mar 26 Cotton closed at 63.83, up 86 points, May 26 Cotton closed at 65.45, up 77 points, Jul 26 Cotton closed at 67.01, up 71 points More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The next couple of months should be packed with needle-moving Tesla news. Three weeks ago, I made the case for why Tesla (TSLA 0.99%) stock -- not Rivian Automotive (RIVN 3.08%) and certainly not Lucid Group (LCID +3.38%) -- is the strongest bet on electric-vehicle (EV) stocks today. Tesla stock cost $449 a share when I wrote that. It costs the exact same $449 today, Jan. 23. You will therefore no...
The next couple of months should be packed with needle-moving Tesla news. Three weeks ago, I made the case for why Tesla (TSLA 0.99%) stock -- not Rivian Automotive (RIVN 3.08%) and certainly not Lucid Group (LCID +3.38%) -- is the strongest bet on electric-vehicle (EV) stocks today. Tesla stock cost $449 a share when I wrote that. It costs the exact same $449 today, Jan. 23. You will therefore not be shocked to learn that my opinion of Tesla stock... also has not changed. Why not? Valued at just under $1.5 trillion and boasting $4.8 billion in earnings over the last 12 months, Tesla stock costs a staggering 310 times earnings. Valued on earnings alone, it's not a cheap stock. Yet Tesla still earns more than any of its EV rivals, with the possible exception of BYD. BYD's GAAP earnings are $5.5 billion, but its free cash flow is negative, versus positive-$6.8 billion for Tesla. If you want to own any EV stock, therefore, I think Tesla is the best one to own. Now, here are three reasons you might want to buy Tesla stock after Tesla reports earnings on Wednesday but before it reports earnings again in April -- and ideally, before March. Buy after Wednesday Tesla will report its Q4 2025 earnings on Wednesday, and the news probably won't be great. Analysts are forecasting a 3.7% decline in revenue to $24.8 billion, and a 38% decline in earnings to $0.45 per share. The company might miss those numbers, though. Q4 deliveries missed expectations earlier this month, falling 15.6% year over year. This sales-tracker data implies a revenue decline much steeper than 3.7%, and if that happens, the stock could sell off -- giving you a chance to buy in at a better price. Expand NASDAQ : TSLA Tesla Today's Change ( -0.99 %) $ -4.30 Current Price $ 430.90 Key Data Points Market Cap $1.4T Day's Range $ 430.69 - $ 437.52 52wk Range $ 214.25 - $ 498.83 Volume 38M Avg Vol 76M Gross Margin 17.01 % Buy before FSD approval Tesla is seeking permission to operate its electric cars with full s...