Welcome to the cold start to 2018. Arctic air will continue across the Plains, Midwest, South and East into the end of this week, likely shattering more daily records and sending wind chills to dangerously cold levels.
The grain markets continue to trade quietly lower as the 2017 year comes to and end. Fundamentally there hasnot much for corn to stand on its own with weekly export inspections continuing to be lower than needed.
The US corn and soybean harvest is near its end and it seems that the markets are trying to put in a low for the winter. Corn and soybeans both ended the week on s strong note led
The USDA solidly raised the U.S. corn crop in the November report to 14.578 billion bushels, up 298 million bushels from last month, with the average yield being raised an impressive 3.6 bushels/acre to what would be an all-time
Early 2018 live cattle futures reached contract highs today. Both February and April 2018 contracts traded above 125.00 for the first time. Feeder cattle followed the upward trend as well with all but the front month finishing
The grain markets closed lower this week on harvest pressure across much of the Midwest. Most areas are concentrating on soybean harvest and good progress is being made there. The corn crop is estimated at only 28%
The grain markets continue to trade sideways for the most part the past few weeks even with the harvest pressure starting. The harvest in the US has been sluggish as some crops are ready and others need
Work- related injuries and fatalities on dairy farms are higher than any other agricultural sector in the United States. In an effort to educate those in the dairy industry to practice good safety habits the third annual
Live cattle finished the day with all active contracts above 110.000. April 2018 contracts finished the day at 121.500. Feeder Cattle have followed this upward trend with all 2017 contracts above 153.000.
The markets are stabilizing after the trade once again was shocked by the USDA production numbers for the second month in a row. The USDA raised both the corn and the soybean yields slightly when most were
Corn traded lower today by 2.75-3 cents, putting in new contract lows for the September contract and close to contract lows in the December. This was led by a much wetter weather forecast and the possibility of
All 2017 live cattle contracts finished bellow 110.00 today for the first time since April 12, 2017. Feeder cattle also suffered losses today as most 2017 contracts finished limit down.
Crop progress report Monday afternoon showed the good to excellent category in corn dropped 1 % from last week to 60 % this week. Illinois saw the biggest change in ratings as it dropped 5 % in the
Corn futures were sharply lower on an improving weather forecast and overall commodity weakness. The extended forecast continues to call for cooler than normal temps, while some additional rain was added into the forecast in the morning
October and December live cattle contracts finished the day limit down to close at 114.400 and 115.175 respectively. Feeder cattle followed the downward trend with all 2017 contracts down at least 4 on the day. This comes
The grain markets are trying to rebound some after being down sharply following last weeks USDA supply and demand numbers for July. The biggest issue with the grain markets right now is that there is just a
All 2017 live cattle contracts finished limit up on the day, meaning August cattle finished the day at 117.875. Feeder cattle followed suit and all 2017 contracts finished limit up, with August closing the day at 151.750.
Live cattle August contracts finished the day limit up, rebounding nicely from the previous tough two weeks. The June contracts finished the day at 121.475 and August at 118.275. Feeder cattle followed suit today saw August, September,
Cattle finished down .500-1.00 today, all contracts are now below 120.00 for the first time since mid April.
This mornings export inspections report was better than expected in corn, soybeans and wheat. Corn exports were reported at 47.98 million bushels, we now need to average 35.4 million bushels per week to reach the USDA yearly total.
The grain trade is lower today mostly based upon improved weather forecasts for the 6-10 and 8-14 day time period. The forecasts look for rain to fall over 85-90% of the grain belt with .5 to 2
After observing modest gains for most of last week and the first day and a half of trading this week the market closed down on all open cattle contracts. Feeder Cattle finished limit down in all 2017
Lower markets as we begin trading following the long holiday weekend. July soybeans traded to the lowest level since March 2016. Nearby corn futures remain sideways to lower as traders contemplate wet conditions in the ECB versus favorable conditions in
The cattle market slid into the holiday weekend, June cattle finished the day down 1.225 to settle at 122.700. All back months finished over 2 down on the day. This is reflected in the weekly picture as
The grain markets have been watching the announcements made by President Trump and his policies towards trade and how it could affect the agricultural sector. The concern stems from Trump officially withdrawing from the Trans Pacific Partnership