Bear of the Day: M/I Homes (MHO)

M/I Homes MHO is a single-family homebuilder that’s suffering alongside the entire housing and homebuilder market as mortgage rates rebound back above 7%.

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Wheat Posts Monday Losses

The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10 ¾ cents. MPLS spring w…

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Hogs Face Monday Losses

Lean hog futures were mostly lower on Monday, with October up a tick and the rest of the board down 55 cents to $1.27. USDA’s national base hog price was up 54 cents in the Monday PM report at $79.22. The CME Lean Hog I…

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Cattle Slip Lower into Monday’s Close

Live cattle futures posted modest losses of 57 cents to $1.42 at the Monday close. Cash trade has yet to be reported this week, with Monday mostly compiling showlists, as trade has been light in recent weeks. Feeder cat…

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Stocks Settle Lower on Rising Bond Yields

The S&P 500 Index ($SPX) (SPY) closed down by -0.77% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. December E-mini S&P future…

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Cattle Slipping Back to Start the Week

Live cattle futures are showing modest losses of 85 cents to $1.15 at midday. Cash trade was reported at $345-350 dressed in the North, with $222-223 live sales. Feeder cattle futures are falling $1.60 to $2.35 on Monda…

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Hogs Showing Steadier Trade on Monday

Lean hog futures are up 50 cents to 22 cents lower on Monday, showing mixed trade. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was down another 44 cents o…

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Cotton Trying to Push Higher on Monday

Cotton futures are trading with October down 60 points, with other contracts up 10 to 21 points. Crude oil is up 68 cents per barrel on the session, with the US dollar index $0.162 higher.

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