After a mild opening, the CME Group soybean market has jumped double-digits Monday. At mid-session, the March corn futures contract is trading 1 1/4 cents higher at $4.34. The March soybean futures contract is trading 15 cents higher at ...
Although the trade was expecting a slight increase, USDA's January supply and demand report (WASDE) trimmed the size of the 2013 corn crop by 64 million bushels to 13.925 billion. They increased the number of acres harvested by 0.5 million, ...
Tags: Hog, Hog Outlook, Hog Prices
Both slaughter steer prices and beef carcass cutout values set new record highs this week. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $139.54/cwt, up $2.08 from a week ago and up $13.18 ...
By lowering ending stocks estimates, the USDA released market-friendly data Friday. As a result, the corn finished double-digits higher. The March corn futures contract closed 20 3/4 cents higher at $4.32. The March soybean futures ...
Tags: Agriculture, Food
USDA has proposed opening U.S. markets to beef from certain states in Brazil that are free of foot and mouth disease. FMD is controlled in Brazil through vaccination. The proposed change will make many in the U.S. beef industry nervous. ...
Tags: Agriculture, Food
Most of the attention to USDA's hogs and pigs reports is focused on their quarterly numbers. They also publish monthly estimates as part of the quarterly reports. Perhaps the most import number in the December 27 report was their estimate ...
Tags: Agriculture, Food
On Thursday, the CME Group corn market is leading the way up, soybeans down. At mid-session, the March corn futures contract is trading 1 1/2 cents higher at $4.23. The March soybean futures contract is trading 18 cents lower at $12.76. ...
Tags: Agriculture, Food, Corn, Soybeans
On Thursday, the CME Group soybean market plummeted on improved crop prospects in South America. The March corn futures contract settled 1 1/2 cents lower at $4.20. The March soybean futures contract finished 22 cents lower at $12.70. ...
Tags: Agriculture, Food, Soybeans
On Tuesday, the CME Group's corn, soybean and wheat markets are expected to start lower. The early calls for the commodities on Tuesday, December 31, 2013, are lower. Corn is seen opening 1-2 cents lower, soybeans 4-5 cents lower, and ...
Tags: Corn, Soybean, Agriculture
A Monday evening fire at Cargill's beef packing plant in Dodge City caused a temporary shutdown of operations. The plant is expected to resume operations in full on Monday. USDA says there were 445 million pounds of beef in cold storage ...
Tags: Cattle, Agriculture, Food
USDA's December hog survey said the nation's swine breeding herd was down 1.1% compared to a year ago and the market hog inventory is down 0.6%. They said September-November farrowings were down 0.2% and predict winter farrowings will be up ...
Tags: Agriculture, Food, Pig
The December Cattle on Feed report said the number of cattle in large feedlots was down 5.5% at the start of the month. November placements were down 3.1% and November marketings were down 4.5%, largely due to one fewer slaughter day. The ...
Tags: Beef Prices, Food
Corn and soybeans were up; cotton was mixed; and wheat was down for the week. As the Christmas season quickly approaches trading volume has reduced substantially with the exception of soybeans which have high volumes when accounting for ...
Tags: Crop Comments
On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start slightly higher. The early calls for the commodities on Thursday, December 19, 2013, are higher. Corn is seen opening 1 to 2 cents higher, soybeans 1 to 2 ...
Tags: Agriculture, Food, Farm Markets, corn, soybean
On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start mixed. The early calls for the commodities on Wednesday, December 18, 2013, are mostly weaker. Corn is seen opening 1 to 2 cents lower to 1 to 2 cents ...
Tags: Agriculture, Food, Farm Markets