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Saturday, November 21, 2015

High stakes for these retailers this holiday

High stakes for these retailers this holiday: For the retailers that have been knocking on death's door, this holiday shopping season has taken on an added sense of urgency.

Teen retailer A�ropostale, for example, is operating under threat of having its shares delisted from the New York Stock Exchange — the result of deteriorating sales that ate away at its market capitalization. Shares recently traded below 65 cents.

Sears, the department store that retail investors love to ridicule, entered the holiday season having reported only one period of positive comparable sales in more than five years.

Parts of Midwest hit by heavy snow as holiday travel looms

Parts of Midwest hit by heavy snow as holiday travel looms: More than a foot of snow fell on parts of the Midwest on Saturday in the first significant wintry storm of the season, creating hazardous driving conditions for travelers gearing up for Thanksgiving treks.

The National Weather Service said the storm had already dumped 8 to 16 inches of snow in a band from southeastern South Dakota to southern Wisconsin.

The storm is expected to continue across parts of the Midwest and Great Lakes on Saturday, mainly hitting parts of Illinois, Wisconsin, Michigan and Upstate New York, according to the weather service. Widespread accumulations of 4 to 8 inches are expected, with as much as 6 to 12 inches possible in some locations.

Carole King ready to part with Idaho ranch she's owned for more than 30 years - LA Times

Carole King ready to part with Idaho ranch she's owned for more than 30 years - LA Times: Carole King has some earth she'd like to move in Stanley, Idaho. The singer-songwriter, who penned the early '70s hit "I Feel the Earth Move," has her Robinson Bar Ranch for sale at $9.9 million.

Set within the Sawtooth National Recreation Area, the 128-acre spread has belonged to King for more than three decades.

Mainstreet Index: Iowa sees weaker hiring, farmland prices - Business Record

Mainstreet Index: Iowa sees weaker hiring, farmland prices - Business Record: The Iowa index fell to 44.3 from October's 46.9. Iowa's farmland price index dropped to 28.6 from 42.5. New hiring also was off, coming in at 50.9 after an October reading of 57.9.
Retail sales continue to fall.
Home buying is relative strong.
Bankers estimate that Dodd-Frank Act oversight of banks has boosted compliance costs by 34 percent in five years.
Approximately 17 percent of bankers said they have cut back on certain types of loans or stopped making them altogether because of new regulations

Declining Real Cash Cost of Producing Corn, Soybean, and Wheat: Historical Perspective and Potential Implications for the Future

Declining Real Cash Cost of Producing Corn, Soybean, and Wheat: Historical Perspective and Potential Implications for the Future: In the June 4, 2015 farmdoc daily article, "Current Corn, Soybean, and Wheat Prices in Long Term Perspective," (Zulauf, 2015) I wrote that "While historical trends do not always hold, absent strong arguments to the contrary, the default position is that real U.S. crop prices are likely to trend lower. More succinctly, unless general price inflation increases, supply growth declines, or multiple year global supply disruptions occur; the question is not if but when will corn crop year average price average below $3 and push toward $2." This article extends this examination by looking at the trends in real cash cost per acre of producing corn, soybeans, and wheat since 1975, the first year cost data for the U.S. are available. This cost declined for each of the three crops until the period of farm prosperity began in 2006. Declining real cash costs both cushions the decline in real prices by mitigating its impact on profit margins but also furthers the decline in real prices by mitigating the incentive to reduce supply.

What Will Soybean Market Do on Monday? | Agweb.com

What Will Soybean Market Do on Monday? | Agweb.com: Why does Sunday's presidential election in Argentina matter to U.S. farmers? Because the results could affect soybean prices as early as Monday.�