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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 29, 2024
Page
4
A brief weather bulletin notes light to moderate winds from the southeast at 6 to 12 mph. Probability of precipitation sits around 40 to 45 percent with peak activity later in the evening across the region.
Crews from DTE Energy and Consumers Energy battled to restore electricity to more than 302,000 Michigan customers amid severe storms. DTE aimed to fix 90 percent of outages by Thursday, while Consumers distributed water and ice in Midland and Rockford as crews worked around the clock to recover power.
Livestock and grain futures show varied activity with hogs and cattle posting mixed closes. Traders noted unsettled spreads while open interest rose across hogs lean cattle and feeder contracts, alongside soy and corn price movements and strong USDA sales figures.
The report notes the annual increase in local stock interest was not included by the rate increase. Officials cite administrative limits and seek clarification on how to adjust pricing for investors and residents. The article discusses implications for local markets and suggests reviewing policy provisions.
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