00:05 Speaker A It's time for Yahoo Finance's Market Minute. US stocks climb higher on the heels of Monday's record setting gain for the Dow. Investors continue to weigh US moves on Venezuela and brace for a flurry of fresh data this week. In addition, Wall Street has set aside AI hopes while it assesses Nvidia and AMD's competing road maps. 00:27 Speaker A Meanwhile, HVAC companies find themselve...
00:05 Speaker A It's time for Yahoo Finance's Market Minute. US stocks climb higher on the heels of Monday's record setting gain for the Dow. Investors continue to weigh US moves on Venezuela and brace for a flurry of fresh data this week. In addition, Wall Street has set aside AI hopes while it assesses Nvidia and AMD's competing road maps. 00:27 Speaker A Meanwhile, HVAC companies find themselves under some pressure in today's trade. Johnson Controls, train technologies and carrier Global all moving lower on Nvidia's latest update on Vera Rubin AI systems. Commentary from Nvidia's CEO suggesting that Vera Rubin will use liquid cooling rather than cooling systems offered by traditional HVAC companies. 00:46 Speaker A And lastly, Sweet Green gets hit with a downgrade over at UBS, that firm lowering its rating on that stock from buy to neutral, raising concerns over store traffic and sales. 01:00 Speaker A And that's your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the trading session.
The post Missed Nvidia? Missed Tesla? The ChatGPT of Marketing May Be the Next Big Tech Offering, and It’s Available for $0.85/Share by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser . Mis...
The post Missed Nvidia? Missed Tesla? The ChatGPT of Marketing May Be the Next Big Tech Offering, and It’s Available for $0.85/Share by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser . Missed Nvidia or Tesla early? This is an early-stage AI opportunity at $0.85 a share. In 1999, $1,000 at Nvidia’s IPO would be worth over $2.5M today. In 2010, that same amount invested in Tesla’s 2010 IPO would be worth over $300,000 today. RAD Intel could be the next early-stage story investors talk about, and right now it’s available at $0.85/share in their Reg A+ round. RAD Intel pairs its AI driven platform with AIBO — Artificial Intelligence Buyout Strategy — to scale performance across an entire portfolio of Fortune 1000 brands and tier 1 acquisitions. They plug each into the platform, and their performance scales quickly. RAD Intel comes to market with: An executive team with experience across more than 225 M&A transactions Over $50M raised to date and reported 4,900% valuation growth over four years* Marketing division has delivered up to 4X ROI for direct clients like Hasbro, MGM, and Skechers. Agency partners leveraging our award-winning AI across brands like F1, Porsche, L’Oréal, Sephora, the World Cup, Nissan, and more.** Backing from Adobe and Fidelity, along with 10,000+ investors, including insiders from Google, Meta, Amazon, and YouTube.** Open Allocation Shares currently offered at $0.85 per share under Reg A+ . Review the Offering Circular before investing. *Disclaimer: This is a paid advertisement for RAD Intel made pursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company. There is currently no public market for the Company’s Common Stock. Please read the offering circular and relate...
No conspiracy over Israeli football fans ban, West Midlands Police say 2 hours ago Share Save Shehnaz Khan West Midlands Share Save Getty Images The Aston Villa v Maccabi Tel Aviv game went ahead without away fans in November West Midlands Police said there was "no conspiracy" as they reiterated a decision to ban Israeli football fans from attending a match in Birmingham was "based on safety". Sen...
No conspiracy over Israeli football fans ban, West Midlands Police say 2 hours ago Share Save Shehnaz Khan West Midlands Share Save Getty Images The Aston Villa v Maccabi Tel Aviv game went ahead without away fans in November West Midlands Police said there was "no conspiracy" as they reiterated a decision to ban Israeli football fans from attending a match in Birmingham was "based on safety". Senior police officers and Birmingham City Council leaders were questioned by MPs over the decision not to allow Maccabi Tel Aviv fans to attend a match against Aston Villa on 6 November. West Midlands Police Chief Constable Craig Guildford said he stood by the accuracy of intelligence after a letter from Dutch police appeared to contradict claims police made about Maccabi fans' previous behaviour, which were used to justify the ban. The Home Affairs Committee has said it will get further information from Dutch police. Birmingham's Safety Advisory Group (SAG) deemed the Europa League match a "high risk" because of unrest during previous Maccabi matches. The BBC obtained a letter from the Dutch police inspectorate in December, which appears to contradict claims made by the West Midlands force about Maccabi fans' previous behaviour. The decision to ban fans by the SAG, which is made up of representatives from the council, police and other authorities, was also criticised by politicians, including prime minister Sir Keir Starmer. Guildford told the Home Affairs Committee he did not doubt the "integrity" of his officers. The force pointed to violent clashes and hate crime offences during the 2024 Europa League match between Ajax and Maccabi Tel Aviv as part of its justification. Asked by MPs if the number of Dutch police officers deployed to the fixture in Amsterdam had been "made up", Guildford said: "No, that's not right. That's that's really not fair. "It was a professional assumption of what would be required over the period of days." Labour MP Joani Reid said there were meeti...
Soybeans are showing 1 to 4 cent gains so far on Tuesday. There were another 533 deliveries against January soybeans issued overnight. The cmdtyView national average Cash Bean price is 2 1/4 cents higher at $9.90 1/2. Soymeal futures are 50 cents to $1 higher, with Soy Oil futures down 10 to 15 points. Reuters reported that China bought 10 cargoes of US soybeans this week for March to May shipment...
Soybeans are showing 1 to 4 cent gains so far on Tuesday. There were another 533 deliveries against January soybeans issued overnight. The cmdtyView national average Cash Bean price is 2 1/4 cents higher at $9.90 1/2. Soymeal futures are 50 cents to $1 higher, with Soy Oil futures down 10 to 15 points. Reuters reported that China bought 10 cargoes of US soybeans this week for March to May shipments. USDA confirmed some of that, with a private export sale announcement of 336,000 MT to China this morning, Don’t Miss a Day: Export Sales data shows the total soybean commitments at 27.698 MMT, a 31% decline yr/yr. That is just 51% of USDA’s projection, and is behind the 52% average pace. CFTC data from Monday indicated spec traders cutting another 25,841 contracts from their net long position in soybean futures and options in in the week ending on 12/30. That took the net long to 84,562 contracts. EU soybean imports have totaled 6.46 MMT from July 1 through January 4, lagging last year by 0.88 MMT according to European Commission data. Jan 26 Soybeans are at $10.51 1/4, up 4 cents, Nearby Cash is at $9.90 1/2, up 2 1/4 cents, Mar 26 Soybeans are at $10.63 3/4, up 1 3/4 cents, May 26 Soybeans are at $10.75 3/4, up 1 1/2 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.
Corn futures are extending the gains from Monday to Tuesday’s midday, with 1 to 2 cent gains. The CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.08 ½. Total export sales commitments are now at 50.538 MMT, which is now 30% larger than the same period last year. That is 62% of USDA’s estimate for the full marketing year and is ahead of the 60% average pace. Don’t Miss a Day: Comm...
Corn futures are extending the gains from Monday to Tuesday’s midday, with 1 to 2 cent gains. The CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.08 ½. Total export sales commitments are now at 50.538 MMT, which is now 30% larger than the same period last year. That is 62% of USDA’s estimate for the full marketing year and is ahead of the 60% average pace. Don’t Miss a Day: Commitment of Traders data from Monday afternoon showed managed money flipping back to a net short position of 23,584 contracts in corn futures and options as of December 30. That was a move to the short side of 26,343 contracts Mar 26 Corn is at $4.46 1/4, up 1 3/4 cents, Nearby Cash is at $4.08 1/2, up 1 3/4 cents, May 26 Corn is at $4.54, up 2 cents, Jul 26 Corn is at $4.60, up 1 3/4 cents, 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.
March NY world sugar #11 (SBH26) today is up +0.02 (+0.14%). March London ICE white sugar #5 (SWH26) is up +1.90 (+0.45%). Sugar prices recovered from early losses today and are slightly higher as strength in the Brazilian real prompted some short covering in sugar futures. The real (^USDBRL) climbed to a 1-month high against the dollar today, discouraging export sales from Brazil's sugar producer...
March NY world sugar #11 (SBH26) today is up +0.02 (+0.14%). March London ICE white sugar #5 (SWH26) is up +1.90 (+0.45%). Sugar prices recovered from early losses today and are slightly higher as strength in the Brazilian real prompted some short covering in sugar futures. The real (^USDBRL) climbed to a 1-month high against the dollar today, discouraging export sales from Brazil's sugar producers. Don’t Miss a Day: Last Friday, sugar prices fell to 2-week lows on signs of stronger sugar output in India. The India Sugar Mill Association (ISMA) last Thursday reported that Indian sugar production for 2025-26, from October 1 to December 31, jumped 25% y/y to 11.90 MMT from 9.54 MMT the same time last year. Also, the ISMA on November 11 raised its 2025/26 India sugar production estimate to 31 MMT from an earlier forecast of 30 MMT, up +18.8% y/y. The ISMA also cut its estimate for sugar used for ethanol production in India to 3.4 MMT from a July forecast of 5 MMT, which may allow India to boost its sugar exports. India is the world's second-largest sugar producer. Sugar prices have been under pressure amid prospects of higher sugar exports from India, after India's food secretary said the government may permit additional sugar exports to reduce a domestic supply glut. In November, India's food ministry said it would allow mills to export 1.5 MMT of sugar in the 2025/26 season. India introduced a quota system for sugar exports in 2022/23 after late rain reduced production and limited domestic supplies. Last Monday, NY sugar matched a 2.5-month high on expectations of smaller future sugar supplies from Brazil. Consulting firm Safras & Mercado said on December 23 that Brazil's sugar production in 2026/27 will fall by -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26. The firm expects Brazil's sugar exports in 2026/27 to fall -11% y/y to 30 MMT. The outlook for record sugar output in Brazil is bearish for prices. Conab, Brazil's crop forecasting agency, on November 4 ra...
Nvidia and Siemens announced plans to build an industrial AI operating system together. CEOs Jensen Huang and Roland Busch speak to Ed Ludlow about this partnership, the need for energy, Nvidia's new chips, China and Siemen's potential deals in the operations software space. They sit down at the Consumer Electronics Show. (Source: Bloomberg)
Nvidia and Siemens announced plans to build an industrial AI operating system together. CEOs Jensen Huang and Roland Busch speak to Ed Ludlow about this partnership, the need for energy, Nvidia's new chips, China and Siemen's potential deals in the operations software space. They sit down at the Consumer Electronics Show. (Source: Bloomberg)
Home equity A typical middle-class American’s two most valuable assets are (1) her human capital and (2) her house. Maybe (3) her stock portfolio. You can do a lot of stuff with your stock portfolio: You can sell some stocks and buy different stocks, you can diversify and hedge and trade actively and YOLO zero-day options on meme stocks. There is a huge industry — “the financial industry” — in whi...
Home equity A typical middle-class American’s two most valuable assets are (1) her human capital and (2) her house. Maybe (3) her stock portfolio. You can do a lot of stuff with your stock portfolio: You can sell some stocks and buy different stocks, you can diversify and hedge and trade actively and YOLO zero-day options on meme stocks. There is a huge industry — “the financial industry” — in which thousands of professionals get paid a lot of money to come up with stuff for people to do with their stock portfolios. Those professionals sometimes get to thinking. “A typical middle-class American’s two most valuable assets are (1) her human capital and (2) her house,” they think. “And yet they can’t trade those. They can’t hedge them. They can’t diversify them. They can’t YOLO zero-day options on memified versions of them. Seems wrong. Maybe we could help, for a fee.” If they think about this long enough, they tend to launch one of two companies: “Our company will let people sell shares in themselves,” or “Our company will let people sell shares of their house.” People are constantly having these thoughts, and always think they are the first. I wrote in June : “The great late-night dorm-room question of financial capitalism,” I have called the first thought , in part because selling equity in yourself is mostly a way to replace student loans; the second thought comes later (when you buy a house). What is great about these thoughts is that everyone has had them, but only at most, what, 500 people have started companies to address them? We have talked about the first question any number of times , because people keep starting businesses of the form “you can sell stock in yourself.” We have talked about the second question fewer times, but not none. There have been some businesses of the form “you can sell stock in your house”; we talked in 2016 about one called Point , which as far as I can tell still exists. At the time, I was writing about a new, crypto-y sell-stock-i...
NVIDIA Corp (NASDAQ:NVDA) is among the companies showing off new products and sharing company announcements at the 2026 CES. Here's what analysts are saying about Nvidia's new products and the keynote given by CEO Jensen Huang, along with commentary on several other companies at the annual event. • NVIDIA stock is showing upward bias. What’s next for NVDA stock? The Nvidia Analysts: Bank of Americ...
NVIDIA Corp (NASDAQ:NVDA) is among the companies showing off new products and sharing company announcements at the 2026 CES. Here's what analysts are saying about Nvidia's new products and the keynote given by CEO Jensen Huang, along with commentary on several other companies at the annual event. • NVIDIA stock is showing upward bias. What’s next for NVDA stock? The Nvidia Analysts: Bank of America Securities analyst Vivek Arya maintained a Buy rating on Nvidia with a price target of $275. Rosenblatt analyst Kevin Cassidy maintained a Buy rating on Nvidia with a price target of $245. Read Also: Nvidia Unveils Alpamayo AI For Autonomous Vehicles: ‘Chat-GPT Moment’ For Cars Bank of America on NVDA: Huang's keynote showed Nvidia's next-generation of products and continued AI scaling on track, Arya said in a new investor note. Arya highlighted Nvidia's announcement that six new chips are part of Vera Rubin, a platform that is on track for the second half of 2026. "AI scaling continues with 10x model size increase, 5x token generation, 10x token cost reduction per year," Arya said. The analyst said Nvidia remains a "top AI pick" thanks to its strong leadership in the sector and strong demand for the company's AI products. Along with the new Vera Rubin platform, Arya highlighted the company's new memory storage platform, dominance in the LLM sector, AI scaling into physical AI and China showing strong demand for H200, but awaiting licenses. "We continue to highlight NVDA's continued dominance in AI compute, networking, system and ecosystem." Rosenblatt on NVDA: New product announcements from Nvidia and others show "AI development still in early innings," Cassidy said in a new investor note. "The unifying message from NVIDIA, Intel and AMD's CES presentations was the global demand for greater computing power," Cassidy said of Nvidia, Intel Corporation (NASDAQ:INTC) and Advanced Micro Devices (NASDAQ:AMD) . Cassidy has a Sell rating on Intel stock with a price target of $25...
The iShares MSCI Emerging Markets ETF (NYSE:EEM) surged 39% in 2025 and added another 3.9% in the first week of 2026. The structural headwinds that kept emerging markets out of favor may finally be reversing. JPMorgan projects up to $50 billion flowing into emerging debt funds in 2026, while Morgan Stanley and Bank of America ... Prediction: iShares Emerging Market ETF Is Going To Rocket In 2026
The iShares MSCI Emerging Markets ETF (NYSE:EEM) surged 39% in 2025 and added another 3.9% in the first week of 2026. The structural headwinds that kept emerging markets out of favor may finally be reversing. JPMorgan projects up to $50 billion flowing into emerging debt funds in 2026, while Morgan Stanley and Bank of America ... Prediction: iShares Emerging Market ETF Is Going To Rocket In 2026
Micron has launched its 3610 NVMe SSDs, featuring the world's first Gen5 QLC design & up to 4 TB capacity in M.2 2230 form factor. Micron's 3610 SSDs Open Up Gen5 Speeds For Mainstream Devices, Compact 4 TB 2230 M.2 Perfect For Mini PCs & Handhelds Press Release: Micron Technology today announced the Micron 3610 NVMe SSD, the industry’s first PCIe® Gen5 G9 QLC SSD for client computing — a breakthr...
Micron has launched its 3610 NVMe SSDs, featuring the world's first Gen5 QLC design & up to 4 TB capacity in M.2 2230 form factor. Micron's 3610 SSDs Open Up Gen5 Speeds For Mainstream Devices, Compact 4 TB 2230 M.2 Perfect For Mini PCs & Handhelds Press Release: Micron Technology today announced the Micron 3610 NVMe SSD, the industry’s first PCIe® Gen5 G9 QLC SSD for client computing — a breakthrough that redefines what’s possible in performance, efficiency, and capacity for mainstream PCs and ultra-thin laptops. Built on Micron’s proven G9 NAND, the 3610 SSD achieves up to 11,000 MB/s sequential read speeds and 9,300 MB/s sequential write speeds. It offers the world’s only 4TB capacity in a compact single-sided M.2 2230 form factor, ideal for ultra-thin laptops and AI-capable devices. This innovation combines industry-leading Gen5 speed with QLC economics, delivering next-level responsiveness without compromising battery life. Why it matters: The 3610 SSD redefines the standard for mainstream client SSDs, enabling OEMs to democratize the Gen5 premium performance while maintaining the power efficiency critical for extending battery life. Performance at scale: Up to 11,000 MB/s sequential read, 9,300 MB/s sequential write, 1.5M IOPS random read and 1.6M IOPS random write, delivering instant app launches, seamless multitasking, and smooth, media-rich workflows. Uncompromising power efficiency: A DRAM-less architecture with host memory buffer (HMB) and DEVSLP low-power states improves performance per watt by 43% compared to Gen4 TLC, extending battery life. AI-ready speed: Loads 20 billion parameter AI models in under three seconds, enabling real-time AI insights and premium experiences for mainstream client devices. User experience: Achieved up to 30% better scoring and 28% better bandwidth versus Gen4 QLC SSDs in PCMark® 10 testing, making it ideal for various industry workloads. Thermal control for ultra-thin design: Host-controlled thermal management gives OEMs pr...
In trading on Tuesday, shares of Capital One Financial Corp's 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I (Symbol: COF.PRI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $19.21 on the day. This compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Prefer...
In trading on Tuesday, shares of Capital One Financial Corp's 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I (Symbol: COF.PRI) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $19.21 on the day. This compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Preferred Stock Channel . As of last close, COF.PRI was trading at a 22.40% discount to its liquidation preference amount, versus the average discount of 10.25% in the "Financial" category. Investors should keep in mind that the shares are not, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of COF.PRI shares, versus COF: Below is a dividend history chart for COF.PRI, showing historical dividend payments on Capital One Financial Corp's 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I : In Tuesday trading, Capital One Financial Corp's 5.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series I (Symbol: COF.PRI) is currently off about 0.4% on the day, while the common shares (Symbol: COF) are up about 3.1%. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
“We were a very valuable deep-science company that had the wrong business strategy,” Zymeworks CEO Ken Galbraith tells Bloomberg Intelligence analyst Sam Fazeli on this episode of the Vanguards of Health Care podcast. In discussing the company’s strategic reset, Galbraith explains how Zymeworks shifted from a platform-heavy biotech to a partnership-driven model that balances innovation with capita...
“We were a very valuable deep-science company that had the wrong business strategy,” Zymeworks CEO Ken Galbraith tells Bloomberg Intelligence analyst Sam Fazeli on this episode of the Vanguards of Health Care podcast. In discussing the company’s strategic reset, Galbraith explains how Zymeworks shifted from a platform-heavy biotech to a partnership-driven model that balances innovation with capital discipline. The conversation covers zanidatamab’s path to market, lessons from partnering with Jaz
In trading on Tuesday, shares of Bank of America Corp's 4.250% Dep Shares Non-Cumul Preferred Stock Series QQ (Symbol: BAC.PRQ) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $17.64 on the day. This compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Preferred Stock Channel . ...
In trading on Tuesday, shares of Bank of America Corp's 4.250% Dep Shares Non-Cumul Preferred Stock Series QQ (Symbol: BAC.PRQ) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $17.64 on the day. This compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Preferred Stock Channel . As of last close, BAC.PRQ was trading at a 28.92% discount to its liquidation preference amount, versus the average discount of 10.25% in the "Financial" category. Investors should keep in mind that the shares are not, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. Below is a dividend history chart for BAC.PRQ, showing historical dividend payments on Bank of America Corp's 4.250% Dep Shares Non-Cumul Preferred Stock Series QQ: In Tuesday trading, Bank of America Corp's 4.250% Dep Shares Non-Cumul Preferred Stock Series QQ (Symbol: BAC.PRQ) is currently down about 0.6% on the day, while the common shares (Symbol: BAC) are up about 0.4%. Click here to find out the 50 highest yielding preferreds » Also see: 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 is showing gains across the front months on Tuesday. Chicago SRW futures are fractionally to 2 cents higher so far. KC HRW futures are trading 4 to 5 ½ cents on Tuesday. MPLS spring wheat is showing fractional gains at midday. The next 7 day forecast from NOAA shows 1-2 inches expected for much of SRW country, with very little seen for parts of the Southern Plains. Don’t Miss a D...
The wheat complex is showing gains across the front months on Tuesday. Chicago SRW futures are fractionally to 2 cents higher so far. KC HRW futures are trading 4 to 5 ½ cents on Tuesday. MPLS spring wheat is showing fractional gains at midday. The next 7 day forecast from NOAA shows 1-2 inches expected for much of SRW country, with very little seen for parts of the Southern Plains. Don’t Miss a Day: USDA Export Sales data shows all wheat export commitments at 20.108 MMT, an 18% increase from the same week last year. That is 82% of the USDA estimate and slightly behind the 82% average pace. The last catchup CFTC Commitment of Traders report showed managed money increasing their net short in CBT wheat futures and options as of 12/30 to 94,626 contracts. In KC wheat, spec funds were net short 18,319 contracts last Tuesday, a reduction of 6,430 contracts on that week. European Commission data shows 11.18 MMT of wheat exports since July 1 through January 4, a 0.17 MMT decline from the same point last year. Mar 26 CBOT Wheat is at $5.13 3/4, up 1 1/4 cents, May 26 CBOT Wheat is at $5.24 1/4, up 3/4 cent, Mar 26 KCBT Wheat is at $5.26 1/4, up 5 1/2 cents, May 26 KCBT Wheat is at $5.37 3/4, up 4 1/2 cents, Mar 26 MIAX Wheat is at $5.71 3/4, up 1/2 cent, May 26 MIAX Wheat is at $5.82 1/4, up 1/2 cent, 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.
Live cattle futures are showing 30 to 55 cent gains so far on Tuesday. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are up another $1.95 to $2.30 at midday. The CME Feeder Cattle Index was up another $2.89 to $353.11 on January 2. The Monday OKC feeder cattle auction had an estimated 9,266 head sold, with sales of $3-10 higher on feeder steers and heif...
Live cattle futures are showing 30 to 55 cent gains so far on Tuesday. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are up another $1.95 to $2.30 at midday. The CME Feeder Cattle Index was up another $2.89 to $353.11 on January 2. The Monday OKC feeder cattle auction had an estimated 9,266 head sold, with sales of $3-10 higher on feeder steers and heifers up $10-20. Calves were up $15-20. Commitment of Traders data showed large managed money speculators decreasing their net long position by 1,893 contracts in live cattle futures and options as of 12/30 to 92,975 contracts. In feeder cattle futures and options, spec traders were increasing their net long by 666 contracts to 15,295 contracts by last Tuesday. Don’t Miss a Day: USDA Wholesale Boxed Beef prices were lower in the Tuesday AM report, with the Chc/Sel spread at $2.38. Choice boxes were down 53 cents to $353.19, while Select was 69 cents lower at $350.81. The Monday USDA federally inspected cattle slaughter was estimated at 115,000 head. That was a 3,000 head drop from last week but 6,461 head above last year. Feb 26 Live Cattle are at $236.400, up $0.525, Apr 26 Live Cattle are at $237.125, up $0.325, Jun 26 Live Cattle are at $231.775, up $0.350, Jan 26 Feeder Cattle are at $361.025, up $2.050 Mar 26 Feeder Cattle are at $357.850, up $2.275 Apr 26 Feeder Cattle are at $356.850, up $1.950 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.
Lean hog futures settled mixed on Tuesday with contracts up 10 to 50 cents and nearby October down 17 cents. The national average base hog price was reported at $76.54 on Tuesday afternoon, up $1.53 from the previous day. The CME Lean Hog Index was $84.29 on September 20, back down 7 cents from the day prior. USDA’s FOB plant pork cutout value back down 18 cents in the Tuesday PM report at $93.96 ...
Lean hog futures settled mixed on Tuesday with contracts up 10 to 50 cents and nearby October down 17 cents. The national average base hog price was reported at $76.54 on Tuesday afternoon, up $1.53 from the previous day. The CME Lean Hog Index was $84.29 on September 20, back down 7 cents from the day prior. USDA’s FOB plant pork cutout value back down 18 cents in the Tuesday PM report at $93.96 per cwt. The ham and loin were the only primals reported higher, with the other 4 down by a range of 4 cents to $2.47. USDA estimated FI hog slaughter at 487,000 head for Tuesday, matching Monday and taking the week to 966,000 head. That is up 17,000 head from the previous week and 5,813 head above the same week last year. Oct 24 Hogs closed at $82.125, down $0.175, Dec 24 Hogs closed at $74.975, up $0.100 Feb 25 Hogs closed at $78.700, up $0.300, 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.