Corn futures ended the Monday session with contracts falling, most nearby months were down 7 to 11 ½ cents. Some deferreds were 1 to 4 ½ cents in the red. Rains expected in a good portion of the Corn Belt this week added to pressure on the session.

Corn Falls on Monday, USDA Reports Steady Ratings

South Dakota State

USDA says there’s plenty of old crop corn, soybeans and wheat in grain bins that haven’t been marketed and a market analyst says it’s expected to stay that way until commodity prices improve. Naomi Blohm with Total Farm Marketing says farmers have been holding out for a...

Farmers continue to hold onto grain

Soybean futures are mixed on the session, as old crop contracts are down 2 to 8 cents at midday, and new crop months fractionally to a couple cents higher. Soymeal is weighing on the market with losses of $5.10/ton at midday. Soy Oil is up 22 points so far on the session.

Soybeans Fading Friendly USDA Data

Today the USDA released the 16th Crop Progress report of the 2024 growing season. The USDA says as of July 14, 41% of the 2024 corn crop in the top 18 corn-growing states is silking. This is up from 24% the week prior and ahead of the five-year average of 32%.

Corn and soybean crop conditions hold steady week-over-week

Grain and soybean futures were in the red overnight after the U.S. Department of Agriculture said it expects wheat stockpiles to jump and raised its outlook for corn production. USDA said in a report Friday that it now forecasts wheat inventories in the 2024/2025 marketing year that started on June...

3 Big Things Today, July 15, 2024

Alaska State

Anchorage, AK

The US Sun

A COSTCO shopper is venting about an incident at their local warehouse. After a bad experience with an employee, the shopper said they’re leaving the company behind. The shopper, a parent in Anchorage, Alaska, said their daughter came to the store with an emotional support animal. Someone working for...

Costco shoppers say they will ‘no longer spend a penny’ after ‘absolutely disgusting’ interaction causes scene in store

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contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Chicago, IL

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writer

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

Louisiana State

Irish Star

The one year old boy was found alive on the side of a Louisiana highway on Tuesday after his four year old brother was found dead and his mother was arrested

Louisana grandma of baby found crawling along highway reveals strange last text she was sent by mom

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Kansas State

Live cattle posted losses of 10 to 82 cents on the Wednesday session. Cash action has already begun this week, with some $188-191 sales in Kansas and $188 in Texas this week. Northern trade was reported at $198. The Central Stockyards Fed Cattle Exchange saw sales of $188 live in Texas, with other sales of $191 in TX and $193 in KS and IA both using their BidTheGrid™ method. Feeder cattle slid into the close, with contracts down $1.37 to $2.47 on the day. The CME Feeder Cattle Index was back up 82 cents on July 9 at $258.15.

Cattle Extend Week’s Slide to Wednesday

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Lean hogs are down 12 to 65 cents across most contracts on Monday. The USDA National Base Hog price was reported at $82.59 on Monday morning, down $1.14 from the day prior. The CME Lean Hog Index was $88.38 on July 11, back down 27 cents from the previous day.

Hogs Slipping Back on Monday

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Missouri State

Fulton, MO

CJ Coombs

Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children. Since July 1, 2024, according to the NCMEC, 15 children have been reported missing in the U.S. Not included in that number are those who have been missing in Missouri since June 2024.

Seven teenagers have been missing in Missouri since June 2024

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

NewsBreak

Soybeans close down 25¢ | Monday, July 15, 2024

December corn ended the day down 10½¢. November soybeans closed down 25¼¢. All three September wheat contracts closed down. CBOT wheat is down 18¼¢. KC wheat...

Soybeans close down 25¢ | Monday, July 15, 2024

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