CHICAGO, May 21- April, typically a big revenue month for U.S. states that levy personal income taxes, was especially robust this year, making up for subpar collections in prior months, but analysts cautioned the tax surge underscores how state budgets face greater volatility from federal tax law changes and the stock market. In California, where personal income...
Federal Reserve board, picked up a key endorsement from a Senate Republican on Thursday when Pennsylvania's Pat Toomey said he would be "inclined to support" the conservative commentator despite Moore's past sexist comments. Toomey, who more than a decade ago succeeded Moore as head of the Club for Growth, a conservative political action committee Moore had...
UNDER ARMOUR INC SAYS SOFTER DEMAND ON DIRECT-TO-CONSUMER BUSINESS AS CO WORKING TO RESET TOWARD A MORE PREMIUM PRICE POINT- CONF CALL.
UNDER ARMOUR INC SAYS NORTH AMERICA RESULTS REFLECT FEWER SALES TO OFF-PRICE CHANNEL AND SOFTER DEMAND ON DIRECT-TO-CONSUMER BUSINESS- CONF CALL.
May 2- DowDuPont Inc reported a 28 percent fall in adjusted quarterly profit on Thursday, as floods in the U.S. midwest and a sluggish growth in auto and smartphone markets hit prices of its speciality and agricultural chemicals as well as volumes in North America. As a combined company, DowDuPont's adjusted net income fell to $1.89 billion in the first quarter...
Traders were still digesting Thursday's export sales report from the U.S. Department of Agriculture showing that China bought more than 77,700 tonnes of U.S. pork in the latest week. "People think that equates to- eventually- big Chinese purchases in the world that ultimately filter back to the United States," said Don Roose, president of Iowa- based U.S....
CHICAGO, April 11- Chicago Mercantile Exchange lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. Lean hog futures surged at the open, with the benchmark June contract soaring the daily 3- cent limit after...
Grain trader Cargill Inc said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on Thursday because of the storm. Rival Archer Daniels Midland Co temporarily closed several grain and edible bean elevators in South Dakota, North Dakota, Minnesota and Wisconsin due to the snow. The storm was dumping more...
As of 12:55 p.m. CDT, Chicago Board of Trade May soybean futures were down 7-3/ 4 cents at $8.94-1/ 4 per bushel and May corn was down 2-1/ 4 cents at $3.59-1/ 2 a bushel. Soybeans fell after the U.S. Department of Agriculture reported export sales of U.S. soybeans in the week to April 4 at 280,400 tonnes, well below a range of trade expectations. "The soybeans are reacting to...
SINGAPORE, April 11- Chicago corn futures were little changed on Thursday after closing higher in the last session as storms delayed planting in parts of the U.S. The most-active corn contract on the Chicago Board of Trade was unchanged at $3.61-3/ 4 a bushel by 0708 GMT, soybeans rose 0.1 percent to $9.02-1/ 2 and wheat added 0.6 percent to $4.60-1/ 2 a bushel.
CHICAGO, April 10- Chicago Mercantile Exchange live cattle futures closed lower on Wednesday for a second straight session as worries eased about a blizzard disrupting feedlots in the U.S. "The storm system for the most part moved further to the north- more to South Dakota, and missed a lot of key areas in Nebraska," said Don Roose, president of Iowa- based U.S....
As of 12:55 p.m. CDT, Chicago Board of Trade May corn was up 1-3/ 4 cents at $3.61-3/ 4 per bushel and May soybeans were up 3-1/ 2 cents at $9.02-1/ 4 a bushel. Traders were monitoring the progress of a winter storm that was forecast to dump as much as 30 inches of wet, heavy snow on western Minnesota and southeast South Dakota, the National Weather Service said.
CHICAGO, April 10- U.S. farmers, who have spent the last month sifting through damage left by a storm that flooded more than a million acres of crop land, now face a blizzard ahead of planting season. Rockies on Wednesday and was forecast to move eastward, threatening to bring as much as 30 inches of snow to western Minnesota and southeast South Dakota and another...
SINGAPORE/ PARIS, April 10- Chicago wheat futures fell for a fifth consecutive session on Wednesday, their worst losing streak since February, after a U.S. government report raised its estimate for world wheat inventories. The most-active wheat contract on the Chicago Board of Trade was down 0.2 percent at $4.58-1/ 2 a bushel by 1040 GMT, corn gained 0.2 percent to...
SINGAPORE, April 10- Chicago wheat futures fell for a fifth consecutive session on Wednesday, their worst losing streak since February, after a U.S. government report raised its estimate for world wheat inventories. The most-active wheat contract on the Chicago Board of Trade was down 0.3 percent at $4.58-1/ 4 a bushel by 0600 GMT, corn gained 0.3 percent to $3.61 a...
CHICAGO, April 9- Most months of Chicago Mercantile Exchange lean hog futures closed down the daily 3- cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. It was down a little yesterday and the carcass values were weaker this morning, "said Doug Houghton, analyst with Brock Associates...
*USDA sees U.S. wheat condition better than expected. *USDA raises U.S. corn stocks forecast more than expected. Also bearish, the USDA in a weekly crop progress report late Monday rated 60 percent of the U.S. winter wheat crop in good to excellent condition, up from 56 percent a week earlier, a sign of improving yield prospects.
CHICAGO, April 8- Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday's contract highs, traders said. "Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back," said Altin Kalo, agricultural economist for New Hampshire- based Steiner...
CHICAGO, April 8- U.S. corn futures declined on Monday as traders adjusted positions a day ahead of a monthly supply-and-demand report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. corn ending stocks. Chicago Board of Trade May corn settled down 2-1/ 2 cents at $3.60 per bushel. After the CBOT close, the USDA...
CHICAGO, April 4- Chicago Mercantile Exchange lean hog futures rose on Thursday for the third day in a row, supported by expectations that the spread of deadly African swine fever in China would boost demand from the world's top pork buyer. Rising hopes for trade deal with China also raised expectations that China would turn to the United States to satisfy its...
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