Corn futures closed out the Monday session with contracts closing 3 to 4 ¼ cents higher in the front months. That came following a weaker start to the day, as outside factors were sending early action into risk-off mode. NASS data released this afternoon showed the US corn crop...

Corn Weakness Turns to Monday Rally, USDA Reports Drop in Conditions

The good news is that China has finally made a purchase of 2024 U.S. soybeans, but that news is tempered by the fact that it's their first and only purchase thus far. In a more typical year, the U.S. has counted on China to make several purchases by this time. Other than that, there’s been little in the way of good news for soybeans.

China finally enters 2024 soybean market

December corn ended the day up 3¾¢. November soybeans were up 13½¢ at the close. September wheat contracts closed mixed, with CBOT and KC wheat up less than a penny and Minneapolis wheat down 7½¢. Karl Setzer, partner at Consus Ag Consulting, says commodity...

Corn and soybeans end day with gains | Monday, August 5, 2024

Wisconsin State

Budget constraints have caused the USDA to limit the number of reports it releases. Among these reports is the July cattle inventory report. However, there is enough historical context from which some conclusions may be drawn. Jason Franken from Western Illinois University has done the work in modeling these relationships.

Cattle Inventory Projections are Lower for 2025

Canola prices moved higher from the middle of July as concerns spread over the potential of the Canadian canola crop after high temperatures hit key canola growing regions during the critical blooming stage. The general consensus is that the crop size has likely been trimmed by 500,000 metric tons (MT), while no changes have been made to the U.S. canola crop size. But since then, concerns over favorable crop weather in the U.S. and a larger soybean crop have caused prices to retreat to the low levels seen on July 15.

Canola prices swing widely in July

Prices for U.S. replacement dairy cows reached an all-time high in July, according to latest quarterly estimates from the USDA. Meanwhile, average cull cow prices increased in June, setting a new record high for a second consecutive month. U.S. replacement dairy cow prices averaged $2,360 per head in July 2024,...

Replacement cow prices reach all-time high

FXDailyReport.com

Gold futures cratered toward the end of the trading week as traders combed through the latest gross domestic product (GDP) report. The yellow metal is slumping even as the US dollar weakens and the US treasury market swims in an ocean of red ink. Market watchers say profit-taking could be the only explanation.

Gold Crashes After US Q2 GDP Tops Forecasts

Florida State

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Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Denver, CO

David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Colorado State

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Savannah, GA

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Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

West Virginia State

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Norfolk, VA

Cheryl E Preston

Four Virginians were confirmed to be onboard when the Titanic sank on April 14, 1912. Phillip Acts and Selini Decker, who lived a few blocks apart in Norfolk, died when the ship sank. Richmond native Robert Decker and Eloise Smith, who later moved to Richmond from West Virginia, survived.

There's a reason no remains from the Virginia Titanic victims will ever be found

At least the monthly jobs report wasn’t boring. The U.S. Bureau of Labor Statistics said employers added 114,000 jobs in July, the lowest number since December of 2020. Unemployment, meanwhile, rose to 4.3%. Both numbers were weaker than expected. And it sent stocks plunging on Friday. The S&P 500...

Unemployment rises, stocks plunge and the economy becomes a question mark

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

Jersey City, NJ

Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Georgia State

Appling County, GA

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Aurora, CO

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

Reuters

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

NewsBreak

Livestock markets bring volatility

July 2024 marks the first time since 2016 that the U.S. Department of Agriculture’s National Agricultural Statistics Service has not published its July Cattle Inventory report....

Livestock markets bring volatility

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