Richmond, Virginia-based Dominion Energy, Inc. (D) is a producer and distributer of energy in the U.S. With a market cap of $45.1 billion, Dominion Energy operates through Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy segments. Companies worth $10 billion or more are generally described as “large-cap stocks,” Dominion …
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Is Kimberly-Clark Stock Underperforming the Dow?
Kimberly-Clark Corporation (KMB), headquartered in Dallas, Texas, manufactures personal care and consumer tissue products in the U.S. and internationally. Valued at a market cap of $43.8 billion, Kimberly-Clark operates through the Personal Care, Consumer Tissue, and K-C Professional segments. Companies worth $10 billion or more are generally described as “large-cap stocks,” …
Read More »Lennar Stock: Is LEN Underperforming the Consumer Discretionary Sector?
Miami-based Lennar Corporation (LEN) is a leading homebuilder in the United States, valued at a market cap of $37.5 billion. Lennar operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. Companies worth $10 billion or more are generally described as “large-cap stocks,” Lennar …
Read More »Hogs Rallying on Friday
Lean hog futures are trading with $1.20 to $1.65 nearby gains so far on Friday. The national average base hog negotiated price was not reported on Friday morning due to light volume, with the 5-day rolling average at $79.61. The CME Lean Hog Index was reported at $84.21 on December 18, …
Read More »Dollar Falls Sharply on Dovish US PCE Inflation Report
The dollar index (DXY00) on Friday edged to a new 2-year high but then fell back and ended the day down -0.72%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy and caused weaker US interest rate differentials with the 10-year T-note yield …
Read More »Cattle Corrects Higher as CoF Data Comes in Neutral
Live cattle futures posted Friday gains of 62 cents to $1.85, as Feb was down $3.625 on the week. A few cattle have exchanged hands this week at $195-195.50 in the North, steady from last week, with light Southern action at $191. Feeder cattle futures were back up $1.07 to $1.42 on …
Read More »Soybeans Push Higher as Meal Rallies on Argentine Dryness Concerns
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national front month Cash Bean price was up 11 1/4 cents at $9.24 ¾. Soymeal futures were up …
Read More »Cotton Comes Back to Close with Friday Gains
Cotton futures closed out Friday with contracts 11 to 18 points higher, as March cotton was down 121 points this week. The outside markets are positive factors on Friday, with the US dollar index back down 592 points and crude oil back up 13 cents/barrel. Cotton Ginnings data was updated this …
Read More »Soybeans Rallying Back Ahead of the Weekend
The soybean market is gaining back some upward momentum after a technical break lower earlier in the week. Contracts are up 11 to 13 cents at midday. CmdtyView’s national front month Cash Bean price is up 11 1/4 cents at $9.24. Soymeal futures are up $10.60/ton. Soy Oil futures are down 34 …
Read More »Sugar Prices Stabilize After Sharp Weekly Loss
March NY world sugar #11 (SBH25) Friday closed up +0.11 (+0.57%), and March London ICE white sugar #5 (SWH25) closed up +1.29 (+0.24%). Sugar prices Friday rose slightly on some consolidation after this week’s sharp losses. On Thursday, NY sugar posted a 3-month low, and London sugar posted a 4-month …
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