Latest news with #Wheat
Yahoo
22-07-2025
- Business
- Yahoo
Wheat Falls on Monday
Wheat pushed lower across the three markets on Monday, led by spring wheat. CBT prices were 3 to 4 cents lower across most nearbys. KC contracts were 3 to 4 cents in the red at the close MPLS spring wheat was down 8 to 9 cents. Crop Progress data after the close showed 73% of the US winter wheat crop harvested by Sunday, 1 point ahead of average. Spring wheat was 1% behind normal at 87% headed. Conditions of the northern crop were down 2% to 52% gd/ex, as the Brugler500 index was down 7 to 338. More News from Barchart Brazil Coffee Harvest Pressures Hammer Prices Left for Dead, Grain Market Bulls Now Have a Pulse Brazil Coffee Harvest Pressures Slam Coffee Prices 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! The Wheat Quality Council Tour is this week and will generate some social media reports on spring wheat prospects. Bangladesh has signed a memorandum of understanding to purchase 700,000 MT of US wheat on an annual basis over the next 5 years. The total exports from the US to Bangladesh over the last 5 years combined is 648,567 MT This morning's USDA weekly export inspections report shows 732,290 MT inspected in the week ending July 17. That was an improvement from 444,631 MT in the previous week, and well above the 290,636 MT loaded out the same week in 2024. Year to date inspections for the marketing year that began June 1 at 3.021 MMT, up 13.7% from year ago. Sep 25 CBOT Wheat closed at $5.42 1/4, down 4 cents, Dec 25 CBOT Wheat closed at $5.63 1/4, down 3 3/4 cents, Sep 25 KCBT Wheat closed at $5.25 3/4, down 3 1/4 cents, Dec 25 KCBT Wheat closed at $5.48 1/4, down 3 1/4 cents, Sep 25 MGEX Wheat closed at $5.87 1/2, down 9 cents, Dec 25 MGEX Wheat closed at $6.09 1/2, down 8 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. 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
NBC News
21-07-2025
- Business
- NBC News
More Americans shift money from checking and savings to accounts with investment income, study says
New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of 4.7 million households and found that people's total cash reserves are increasing when including new amounts going into brokerage accounts, money market funds and certificates of deposit to assess people's well-being. Inflation-adjusted cash balances in checking and savings accounts 'remain low with a flat-growth trajectory,' but since the middle of 2024 total cash reserves have been increasing and approaching historical growth trends once the additional accounts are included, the analysis said. 'Families across many income bands are now seeing a turnaround in their total cash,' said Chris Wheat, president of the institute. Wheat said it had been 'hard to square the circle' of consumer spending staying strong despite the lack of growth in checking and savings accounts, an issue that can now be explained by people in a higher-interest rate environment shifting more money into accounts that yield investment returns. He said people appear to be using the other accounts to manage their cash, rather than simply making long-term investments. Wheat cautioned, however, that the trend might be short term and that the institute doesn't have a basis yet as to whether it will continue. The analysis also found that households with incomes generally lower than $35,000 had their total cash balances increase at an annual rate of 5% to 6%. The lowest income quartile tend to have checking and savings account balance of just over $1,000, while the median balances of the highest income quartile are above $8,000.
Mint
21-07-2025
- Business
- Mint
More Americans shift money from checking and savings to accounts with investment income, study says
New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of 4.7 million households and found that people's total cash reserves are increasing when including new amounts going into brokerage accounts, money market funds and certificates of deposit to assess people's well-being. Inflation-adjusted cash balances in checking and savings accounts 'remain low with a flat-growth trajectory,' but since the middle of 2024 total cash reserves have been increasing and approaching historical growth trends once the additional accounts are included, the analysis said. 'Families across many income bands are now seeing a turnaround in their total cash,' said Chris Wheat, president of the institute. Wheat said it had been 'hard to square the circle' of consumer spending staying strong despite the lack of growth in checking and savings accounts, an issue that can now be explained by people in a higher-interest rate environment shifting more money into accounts that yield investment returns. He said people appear to be using the other accounts to manage their cash, rather than simply making long-term investments. Wheat cautioned, however, that the trend might be short term and that the institute doesn't have a basis yet as to whether it will continue. The analysis also found that households with incomes generally lower than $35,000 had their total cash balances increase at an annual rate of 5% to 6%. The lowest income quartile tend to have checking and savings account balance of just over $1,000, while the median balances of the highest income quartile are above $8,000.
Winnipeg Free Press
21-07-2025
- Business
- Winnipeg Free Press
More Americans shift money from checking and savings to accounts with investment income, study says
WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of 4.7 million households and found that people's total cash reserves are increasing when including new amounts going into brokerage accounts, money market funds and certificates of deposit to assess people's well-being. Inflation-adjusted cash balances in checking and savings accounts 'remain low with a flat-growth trajectory,' but since the middle of 2024 total cash reserves have been increasing and approaching historical growth trends once the additional accounts are included, the analysis said. 'Families across many income bands are now seeing a turnaround in their total cash,' said Chris Wheat, president of the institute. Wheat said it had been 'hard to square the circle' of consumer spending staying strong despite the lack of growth in checking and savings accounts, an issue that can now be explained by people in a higher-interest rate environment shifting more money into accounts that yield investment returns. He said people appear to be using the other accounts to manage their cash, rather than simply making long-term investments. Monday Mornings The latest local business news and a lookahead to the coming week. Wheat cautioned, however, that the trend might be short term and that the institute doesn't have a basis yet as to whether it will continue. The analysis also found that households with incomes generally lower than $35,000 had their total cash balances increase at an annual rate of 5% to 6%. The lowest income quartile tend to have checking and savings account balance of just over $1,000, while the median balances of the highest income quartile are above $8,000.
Yahoo
21-07-2025
- Business
- Yahoo
More Americans shift money from checking and savings to accounts with investment income, study says
WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of 4.7 million households and found that people's total cash reserves are increasing when including new amounts going into brokerage accounts, money market funds and certificates of deposit to assess people's well-being. Inflation-adjusted cash balances in checking and savings accounts 'remain low with a flat-growth trajectory,' but since the middle of 2024 total cash reserves have been increasing and approaching historical growth trends once the additional accounts are included, the analysis said. 'Families across many income bands are now seeing a turnaround in their total cash,' said Chris Wheat, president of the institute. Wheat said it had been 'hard to square the circle' of consumer spending staying strong despite the lack of growth in checking and savings accounts, an issue that can now be explained by people in a higher-interest rate environment shifting more money into accounts that yield investment returns. He said people appear to be using the other accounts to manage their cash, rather than simply making long-term investments. Wheat cautioned, however, that the trend might be short term and that the institute doesn't have a basis yet as to whether it will continue. The analysis also found that households with incomes generally lower than $35,000 had their total cash balances increase at an annual rate of 5% to 6%. The lowest income quartile tend to have checking and savings account balance of just over $1,000, while the median balances of the highest income quartile are above $8,000. Sign in to access your portfolio
