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New York Mercantile Exchange › (NYMEX:LO.J12.9750P)

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Today's Financial News

Cheaper marijuana or legal, spa-like experience is choice ahead for Illinois medical patients

1 day ago

CHICAGO (AP) — When retailers open state-approved medical marijuana shops in Illinois later this year, they will face a distinct disadvantage in luring prospective patients across their thresholds: Marijuana will always be cheaper on the black market. Think cannabis-infused premium chocolate. Well-lit display cases that showcase buds as if they were jewelry. Informed employees who can guide each patient to the best strain for their needs.

Drenching rains green cattle-grazing pastures, bode well for herd expansion across US

1 day ago

WICHITA, Kan. (AP) — Drenching rains that recently soaked the Great Plains have brought welcomed moisture to areas still recovering from droughts, greening pastures as ranchers begin the annual rite of moving cattle to the nation's summer grazing lands. "Nationally, range and pasture conditions are notably improved from last year and other recent periods of drought throughout the U.S.," Kansas State University Extension beef specialist Glynn Tonsor said, adding that it means beef cow herds will expand as planned.

Drenching rains green cattle-grazing pastures, bode well for herd expansion across US

1 day ago

WICHITA, Kan. (AP) — Drenching rains in recent weeks across the nation's major livestock-grazing regions are greening pastures just as ranchers move cattle out for summer. All the rain lately bodes well for the continued expansion of the nation's cattle herd. That also bodes well for consumers' pocketbooks, with experts saying beef prices will come down from the record prices now averaging $6.08 a pound for the all-fresh beef.

ECB's conference probes reasons behind persistent high jobless rates in currency union

1 day ago

SINTRA, Portugal (AP) — What's behind Europe's sluggish recovery and high jobless rate? What can central banks and governments do to get things going? Much of the discussion was highly technical. Equations and charts flashed in quick succession on the projection screen in the conference room. Here are some of the more memorable utterances, no math background required.

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