Latest news with #KS
Yahoo
2 days ago
- Business
- Yahoo
Cattle Futures Turn Higher as Tuesday Progresses
Nearby August and October delivery cattle futures were fading Monday's gains on Tuesday, but have turned higher at midday. Overall, prices are up 17 to 67 cents. Heat stress is a concern, with heat index readings as high as 110 projected for today or tomorrow in some feedlot areas. Live cattle futures were $1.67 to $1.95 higher on Monday. Preliminary open interest was up 4,462 contracts on Monday, suggesting new buying interest. Cash trade on Friday saw KS at $230-231 and $240-242 northern action. Activity thus far has been limited to accumulating show lists. Feeder cattle futures were up $3.50 to $3.70 on Monday. As of midday on Tuesday, they are again trading higher, by $.80 to $1.00. The CME Feeder Cattle Index was back up $3.52 to $325.80 on July 18. Monday's OKC feeder cattle online auction showed 4,500 head sold, with prices listed $4-8 higher. Feeder heifers were listed steady to $3 lower, with calves up $5-10. More News from Barchart Brazil Coffee Harvest Pressures Slam Coffee Prices Brazil Coffee Harvest Pressures Hammer Prices Cocoa Prices Rally as the Pace of Ivory Coast Cocoa Exports Slows Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! USDA Wholesale Boxed Beef prices were mixed in the Tuesday AM report. Choice boxes were quoted $1.23 higher at $373.30, while Select prices on average dropped $2.32 to $347.73. USDA estimated cattle slaughter for Monday at 105,000 head. That was down 7,000 head from last week and 8,887 head lower vs. the same early week figure in 2024. Aug 25 Live Cattle are at $225.600, up $0.375, Oct 25 Live Cattle are at $221.825, up $0.200, Dec 25 Live Cattle are at $222.400, up $0.650, Aug 25 Feeder Cattle are at $328.600, up $1.000 Sep 25 Feeder Cattle are at $329.000, up $1.300 Oct 25 Feeder Cattle are at $327.275, up $1.300 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. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Cattle Fade Lower into the Weekend
Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash trade was light this week, with trade picked up in KS at $230-231 and $240-242 northern action. Feeder cattle posted losses of $1 to $1.50 on Friday, with August down $1.32 on the week. CME Feeder Cattle Index was back up 11 cents to $322.28 on July 17. Commitment of Traders data from CFTC showed managed money increasing their record net long in feeder cattle futures and options as of July 15 by just 79 contracts to 37,569 contracts. Spec funds added back another 4,063 contracts to their net long in live cattle by July 15 to 132,486 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USDA Wholesale Boxed Beef prices were mixed in the Friday afternoon report. Choice boxes were up $0.27 to $375, while Select was quoted $2.35 lower at $351.49/cwt. USDA estimated cattle slaughter this week at 563,000 head. That was down 5,000 head from last week and 26,374 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $223.550, down $0.125, Oct 25 Live Cattle closed at $219.825, down $0.500, Dec 25 Live Cattle closed at $219.800, down $0.700, Aug 25 Feeder Cattle closed at $324.000, down $1.000, Sep 25 Feeder Cattle closed at $324.200, down $1.225, Oct 25 Feeder Cattle closed at $322.300, down $1.375, 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. This article was originally published on
Yahoo
5 days ago
- Business
- Yahoo
Cattle Fading onto the Weekend
Live cattle futures are easing back on Friday, with contracts down 57 cents to $1.07, as August is still being held up by cash. Cash trade has been light this week, with light trade picked up in KS at $230-231 and $240-242 northern action. The Central Stockyears Fed Cattle Exchange online auction showed $230 sales on 396 of the 792 head listed. Feeder cattle are falling $1.65 to $2 at the midday part of the session. The CME Feeder Cattle Index was back up 26 cents to $322.17 on July 16. USDA Wholesale Boxed Beef prices were mixed in the Friday morning report, with the Chc/Sel spread widening back to $21.21. Choice boxes (600-900 lb) were down $0.77 to $374.05, while Select was quoted $1.00 lower at $352.84/cwt. USDA estimated cattle slaughter for Thursday at 115,000 head, with the weekly total at 458,000. That was 20,053 head lower vs. the same weekly total in 2024. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Dollar Strength Sparks Long Liquidation Pressures in Coffee Futures Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Aug 25 Live Cattle are at $223.100, down $0.575, Oct 25 Live Cattle are at $219.300, down $1.025, Dec 25 Live Cattle are at $219.425, down $1.075, Aug 25 Feeder Cattle are at $323.350, down $1.650 Sep 25 Feeder Cattle are at $323.700, down $1.725 Oct 25 Feeder Cattle are at $321.750, down $1.925 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. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
17-06-2025
- Automotive
- Korea Herald
Hansung Motors marks 40 years with customer engagement programs
Hansung Motors, the largest official Mercedes-Benz dealer in Korea, announced Tuesday a series of customer-focused initiatives to mark its 40th anniversary. The programs aim to enhance customer engagement and expand brand experiences across its nationwide network. Established in 1985 as Korea's first imported car dealership, Hansung Motors has steadily grown to operate 19 showrooms, 19 service centers and 7 certified used car showrooms. Over the decades, the company has devoted itself to customer service innovations, including KS certification at all service centers, and has received a Presidential Award. Beyond business expansion, Hansung Motors has also run a scholarship program for young, talented artists for the past 13 years, demonstrating its long-standing commitment to corporate social responsibility. To commemorate its 40th year, Hansung Motors will launch a new customer invitation program, Culture Voyage x Ambassador, at all showrooms in early July. Ambassadors from various fields such as culture, arts and sports will visit showrooms to engage with customers and share lifestyle experiences. Additional events include a social media photo contest, a brand philosophy interview series and digital content centered on a limited edition model. In the second half of 2025, the company plans to roll out the first integrated membership loyalty program among import car dealers in Korea. The program will offer premium lifestyle benefits beyond vehicle services, such as access to luxury hotels and golf courses. 'Hansung Motors has grown with the trust of our customers for 40 years. Moving forward, we aim to create even more value together for the next 40 years,' said Marco Kim, CEO of Hansung Motors.
Time of India
09-06-2025
- Automotive
- Time of India
Larsen and Toubro acquires Fujitsu's power modules business for expansion
This is a representative image MUMBAI: Ship-to-software conglomerate Larsen & Toubro is set to acquire the power modules business of Fujitsu General for 2 billion yen, or about $14 million, as part of its expansion strategy. The business will be bought by L&T's two-year-old 100% semiconductor arm. Separately, one of L&T Semiconductor Technologies' manufacturing contractors, Kaynes Semicon (KS), will acquire the production facilities related to the power modules business from Fujitsu . KS is a wholly owned subsidiary of Mumbai-listed Kaynes Technology India. This company, headquartered in Mysore, was founded by Ramesh Kunhikannan, an electrical engineer, in 1989. He and his wife own 58% of Kaynes, which has a market cap of Rs 36,225 crore. The Japanese major said it will record gains on the transfer of the power modules business in the first quarter of FY26. The decision to sell the power modules unit is part of a portfolio transformation of the company's electronic device business, Fujitsu added. The deal is expected to be completed by June 23, pending clearance under Japan's foreign exchange and foreign trade rules. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Good News: You May Be Richer Than You Think Undo According to Fujitsu, it has no prior business relationship with L&T Semiconductor Technologies and KS and hence is not considered a related party. L&T Semiconductor Technologies, established in November 2023, is involved in the development and sale of semiconductor products. Kaynes specialises in assembling printed circuit boards and has eight factories in the country. It supplies to 350 clients across the world in the automotive, aerospace, and medical industries. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
