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Wheat up 7-10 cents, corn up 3-6, soybeans up 8-12
Wheat up 7-10 cents, corn up 3-6, soybeans up 8-12

Business Recorder

time2 days ago

  • Business
  • Business Recorder

Wheat up 7-10 cents, corn up 3-6, soybeans up 8-12

CHICAGO: The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday. Wheat - Up 7 to 10 cents per bushel Wheat futures higher on short covering ahead of the weekend after sinking to multi-month lows a day earlier. A weaker U.S. dollar and spillover support from higher corn and soybeans also underpinned the market. CBOT September soft red winter wheat was last up 9-3/4 cents at $5.43-1/4 per bushel. K.C. September hard red winter wheat was last 11-1/2 cents higher at $5.29 per bushel. Minneapolis September wheat was last up 2-1/2 cents at $5.97-1/2 a bushel. Corn - Up 3 to 6 cents per bushel Corn higher on short covering and technical buying ahead of the weekend. Some concerns about excessive heat forecast for the U.S. Midwest next week also supportive. The actively traded December corn contract broke through overhead technical resistance at its 20-day moving average during overnight trading and climbed to nearly a two-week high. Above-normal temperatures are forecast for much of the Midwest farm belt over the next week before turning milder, meteorologists said. Some scattered showers are also expected. CBOT December corn was last 5-1/4 cents higher at $4.26-1/4 per bushel. Soybean heads for 3% weekly gain on US demand hopes Soybeans - Up 8 to 12 cents per bushel Soybeans firmer on short covering and technical buying ahead of the weekend, and as excessive heat in the Midwest forecast raised some concerns about yield impacts. Higher soyoil prices also supportive to soybeans. Actively traded November soybeans broke through overhead technical resistance at the 50-, 100- and 200-day moving averages during overnight trading and partly filled a chart gap left after a plunge in prices two weeks ago. Above-normal heat and some showers are forecast for the Midwest farm belt over the next week before temperatures turn milder, meteorologists said. Traders are monitoring forecasts ahead of August, when much of the U.S. soy crop begins filling pods. CBOT November soybeans were last 10-1/4 cents higher at

Sudden Warning Gives People Minutes To Act: 'Take Cover Now!'
Sudden Warning Gives People Minutes To Act: 'Take Cover Now!'

Newsweek

time3 days ago

  • Climate
  • Newsweek

Sudden Warning Gives People Minutes To Act: 'Take Cover Now!'

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Nearly 16,000 people in Dodge County, Wisconsin, had only minutes to act on Wednesday afternoon after National Weather Service (NWS) meteorologists issued an urgent tornado warning for the area. "To repeat, a tornado is on the ground. TAKE COVER NOW! Move to a basement or an interior room on the lowest floor of a sturdy building," the NWS warning issued by the Milwaukee office said. "Avoid windows. If you are outdoors, in a mobile home, or in a vehicle, move to the closest substantial shelter and protect yourself from flying debris." Why It Matters Unlike other weather hazards that can be forecast hours or days in advance, tornados often develop suddenly and provide only minutes for residents to seek protection. For those living in mobile homes, outdoors, or in vehicles, the risk is especially acute. The warning in Dodge County instructed people to take immediate shelter amid a damaging tornado that was on the ground in the area. A hazards map from the NWS showed nearly 16,000 people inhabited the affected area. A stock image of a tornado in a rural area. A stock image of a tornado in a rural area. JP Midwest Storm Chaser/Getty What to Know The confirmed tornado was sighted over Iron Ridge at 3:35 p.m. CDT on Wednesday afternoon. The storm system moved in a northeast direction at approximately 30 mph and had previously generated brief touchdowns as reported by trained spotters near Hustisford only minutes before. The tornado warning remained in effect for east central Dodge County until 4 p.m. CDT, covering the communities of Mayville, Horicon, Juneau, Hustisford, Iron Ridge, and Woodland. Residents in these areas were directed to move to basements or an interior room on the lowest floor of a sturdy building and to avoid windows for their safety. Those outdoors, in mobile homes, or traveling by vehicle were instructed to seek substantial shelter immediately. Hazards included a damaging tornado with the potential for flying debris, which the NWS warned would be dangerous to anyone not under shelter. Additional threats included damage to mobile homes, roofs, windows, and vehicles along the storm's path. Tree damage was also considered likely. Hail of up to .75 inches accompanied the storm, further increasing threats to people and property. Even though the tornado threat has expired, a tornado watch, severe thunderstorm warning and flash flood warning were still in place for central and eastern Wisconsin on Wednesday afternoon. NWS meteorologist Ben Miller told Newsweek the Milwaukee office has issued 15 tornado warnings so far on Wednesday. What People Are Saying Miller said: "There's another chance for a complex of storms to come through Saturday morning, but that's several days away. Once this moves through this evening, the next couple days look pretty nice." NWS in a Wednesday forecast: "Great Lakes will continue to be the focus for numerous thunderstorms from late Wednesday afternoon through Friday as this front slowly pushes east southeastward. Heavy rains, isolated flooding and isolated severe weather likely late this afternoon into early this evening across the Mid-West, Great Lakes and Mid-Atlantic regions." What Happens Next The tornado warning for east central Dodge County expired at 4 p.m. CDT, but additional severe weather could persist as storm systems progress through the area. NWS forecasters continued monitoring conditions, ready to issue further warnings or watches if necessary. Residents in affected regions have been cautioned to remain alert to rapidly changing weather conditions and to follow further guidance from local authorities and meteorologists.

Everson Griffen accused of unruly outburst that forces Delta Air Lines flight back to Chicago
Everson Griffen accused of unruly outburst that forces Delta Air Lines flight back to Chicago

Time of India

time3 days ago

  • Sport
  • Time of India

Everson Griffen accused of unruly outburst that forces Delta Air Lines flight back to Chicago

Photo byEverson Griffen, the former Minnesota Vikings star and four-time Pro Bowler once celebrated for terrorizing NFL quarterbacks, is now making headlines for all the wrong reasons. On Wednesday, passengers on a Delta flight from Chicago to Minneapolis found their journey abruptly cut short when the plane turned around to remove the 37-year-old defensive end for allegedly unruly behavior. The mid-air disruption forced the aircraft to land back at O'Hare International Airport, leaving fellow travelers stranded and reviving questions about Griffen's troubled history off the field. It's the latest public crisis for a man whose personal battles have long played out in the spotlight. Former NFL Pro Bowler Everson Griffen's Delta Air Lines meltdown forces Chicago return, spotlighting mental health struggles The drama unfolded Wednesday morning aboard a Delta Air Lines flight that departed Chicago's O'Hare International Airport at 10:56 a.m. CDT. Shortly after takeoff, the Minneapolis-bound aircraft was forced to reverse course due to what the airline called 'an unruly passenger.' Flight logs show it landed back in Chicago at 12:09 p.m. CDT, confirming the unscheduled return. While Delta did not specify Griffen's actions on the flight, the airline was clear about its stance. 'Delta has zero tolerance for unruly behavior and will always work with law enforcement to that end,' a spokesperson said in a statement. 'We apologize to our customers for the delay in their travel as safety and security comes before everything else at Delta.' Details about Everson Griffen's behavior remain murky, and it's unclear whether he was arrested after being escorted off the plane. Earlier in the day, however, Griffen appeared carefree, even sharing an upbeat Instagram Story from a car on the way to the airport. The 6-foot-3, 273-pound defensive end played in the NFL from 2010 to 2021, building a reputation as one of the league's most fearsome pass rushers. But his off-field challenges have been equally high-profile. In 2021, Griffen alarmed fans and authorities after posting a disturbing video on Instagram from his Minnetrista, Minnesota home. 'Yo, yo, yo,' he said while waving a handgun. 'I'm in my house. N****** trying to pop me. I still got clips left. This is my gun, .45 Wilson Combat, registered to me,' he explained. He also claimed Vikings running back Dalvin Cook 'helped me purchase this gun.' Later that morning, Griffen called 911 around 3 a.m. to report an intruder at his home, telling dispatchers he had fired his weapon. The Minnetrista Police Department later said no intruder was ever found but confirmed they spent hours negotiating with Griffen. 'At this time, law enforcement officers are confident Griffen is alone inside the home and continue to work with him to resolve the situation,' police said. Griffen ultimately exited peacefully, with the Vikings coordinating to send mental health professionals to help. Everson Griffen's NFL legacy clouded by mental health struggles and controversy Wednesday's dramatic in-flight incident is the latest in a series of troubling moments for Griffen, who has openly acknowledged battling mental health issues, including a 2018 'nervous breakdown' in which he threatened to shoot hotel staff and jump from an ambulance. Now retired with three sons and his wife Tiffany, Griffen's NFL legacy as a four-time Pro Bowler is unmistakable—but so too is the question of whether he's receiving the help he needs to avoid more headlines like this in the future. Also Read: Chilling 911 call details emerge as Cleveland Browns rookie Quinshon Judkins faces domestic violence charge Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!

Wheat steady-down 3 cents, corn down 2-3, soy steady-down 4
Wheat steady-down 3 cents, corn down 2-3, soy steady-down 4

Business Recorder

time11-07-2025

  • Business
  • Business Recorder

Wheat steady-down 3 cents, corn down 2-3, soy steady-down 4

CHICAGO: The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday. Note: The U.S. Department of Agriculture is expected to release its monthly World Agricultural Supply and Demand Report at 11:00 a.m. CST. Wheat - Steady to down 3 cents per bushel CBOT wheat ticked down as the U.S. dollar gained strength and traders positioned prior to the release of the USDA's monthly supply and demand report. Ahead of the USDA's monthly supply-demand and crop production reports on Friday, analysts surveyed by Reuters on average expect the government to lower its estimate of U.S. 2025/26 wheat production. Only slight changes were seen for the USDA's forecasts of 2025/26 U.S. and global wheat ending stocks. European Union production of soft wheat, the bloc's main cereal crop, is expected to reach 123.4 million metric tons this year, a 9.6% increase from last year's poor harvest, farming association Copa Cogeca said on Friday. CBOT September soft red winter wheat was last down 3 cents to $5.51-1/2 per bushel. K.C. September hard red winter wheat was last down 5 cents to $5.29-3/4 per bushel. Minneapolis September wheat was last down 2-3/4 cents to $6.29 a bushel. Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7 Corn - Down 2 to 3 cents per bushel CBOT corn eased on favorable crop conditions and a firming dollar ahead of the USDA's supply/demand report. A favorable mild, showery pattern is expected to aid corn pollination in the U.S. Midwest, according to forecaster Commodity Weather Group. Ahead of Friday's monthly USDA supply/demand reports, analysts surveyed by Reuters on average expected the government to lower its forecasts of U.S. corn inventories remaining at the end of the 2024/25 and 2025/26 marketing years. CBOT December corn was last down 2-1/4 cents to $4.14-1/4 per bushel. Soybeans - Steady to down 4 cents per bushel CBOT soybean futures Chicago dipped on favorable weather in the U.S. Midwest growing region as investors awaited the results of the USDA's monthly supply/demand report. Ahead of Friday's monthly USDA supply/demand reports, analysts surveyed by Reuters on average expected the government to raise its forecasts of U.S. soybean inventories remaining at the end of the 2024/25 and 2025/26 marketing years. Brazilian government crop supply agency Conab estimated the country's 2024/25 soybean harvest at 169.5 million tons, compared with its month-ago estimate of 169.60 million CBOT November soybeans were last down 3-1/4 cents to $10.10-1/2 per bushel.

Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7
Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7

Business Recorder

time10-07-2025

  • Business
  • Business Recorder

Wheat steady-up 6 cents, corn steady-down 2, soy down 1-7

CHICAGO: The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday. Wheat - Steady to up 6 cents per bushel CBOT wheat climbed as tight Russian supplies overcame pressure from an advancing harvest elsewhere, according to analysts. In Russia, the world's biggest wheat-exporting country, a slow start to harvesting and reluctant selling by farmers were forcing exporters to raise prices as they tried to secure supply to load vessels, according to traders. 6-10 day rains are set to provide a moisture boost for Northern Plains spring wheat after hot and dry short-term conditions, according to forecaster Commodity Weather Group. CBOT September soft red winter wheat was last up 5-1/2 cents to $5.52-1/2 per bushel. K.C. September hard red winter wheat was last up 8 cents to $5.32 per bushel. Minneapolis September wheat was last up 5-1/2 cents to $6.37 a bushel. Wheat steady-down 3 cents, corn mixed, soy steady-down 5 Corn - Steady to down 2 cents per bushel CBOT corn consolidated near multi-month lows as markets looked ahead to the U.S. Department of Agriculture's monthly supply and demand report, due out on Friday. Favorable weather in the U.S. Midwest continues to pressure corn futures and traders remain worried that U.S. tariff disputes with key trading partners may hurt demand for U.S. crops and exacerbate a glut in supply. Milder temperatures in the Midwest are expected to boost corn pollination, according to Commodity Weather Group. U.S. President Donald Trump's proposal on Wednesday of a 50% tariff on all imports from Brazil caused a slide in its currency, the real, which could have a bearish knock-on effect on grain markets by making Brazilian exports cheaper, traders said. CBOT December corn was last down 1-3/4 cents to $4.13-3/4 per bushel. Soybeans - Down 1-7 cents per bushel CBOT soybean futures Chicago fell to new multi-month lows on non-threatening weather in the U.S. Midwest and investor fears about about knock-on effects from Trump's announcement of a 50% tariff on goods from Brazil. Traders positioned ahead of the USDA's supply and demand report, due on Friday. The central and eastern Midwest will trend somewhat drier and cooler in the coming weeks, according to Commodity Weather Group. CBOT November soybeans were last down 1-3/4 cents to $10.05-1/2 per bushel.

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