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 ...
Soybeans were mixed ahead of Friday's USDA numbers. USDA's expected to report a big crop Friday, but that may be moderated by an increase in their export estimate, with the reports out at Noon Eastern/11 AM Central. China bought more U.S. ...
Tags: Grain, Grain Futures, USDA Reports
The year began with many farmers waiting for the Jan. 10 USDA Supply and Demand Report. Also, some independent analysts have raised their estimates of the size of the 2013 U.S. corn and soybean crops. "The short-term fundamentals for corn ...
Corn for grain production is estimated at a record 13.9 billion bushels, down slightly from the November 1 forecast but 29 percent above 2012. The average yield in the United States is estimated at 158.8 bushels per acre. This is down 1.6 ...
The United States all orange forecast for the 2013-2014 season is 7.39 million tons, down 5 percent from the previous forecast and down 11 percent from the 2012-2013 final utilization. The Florida all orange forecast, at 115 million boxes ...
The forecasts for total red meat and poultry production for both 2013 and 2014 are lowered from December. For 2013, beef production is raised, but pork, broiler, and turkey production are reduced. The forecast for 2014 is reduced as lower ...
Tags: Hog, USDA Wasde, US Hog Prices
Tyson Foods is recalling 33,840 pounds of mechanically separated chicken products that may be contaminated with Salmonella Heidelberg, according to the U.S. Department of Agriculture's Food Safety and Inspection Service. The chicken is ...
Tags: Agriculture, Food
On Friday, the CME Group's corn, soybean and wheat markets are expected to trade mostly weaker. The early calls for the commodities on Friday, January 10, 2013, are mixed. Corn is seen opening 1-2 cents lower, soybeans 4-6 cents higher, ...
Tags: Corn, Soybeans, Agriculture, Food
Members of the Safe Food Coalition and the Worker Health and Safety Coalition wrote to members of Congress this week, asking them not to reduce the budget for the U.S. Department of Agriculture's Food Safety Inspection Service and to remove ...
Tags: HIMP, Budget Negotiations, USDA, FDA
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
Wednesday's Closing Grain and Livestock Futures Mar. corn closed at $4.17, down 9 cents Jan. soybeans closed at $13.00 and 3/4, up 1 and 1/4 cents Jan. soybean meal closed at $430.60, down $4.00 Jan. soybean oil closed at 37.43, ...
Argentina is still on track to grow a record soybean crop this season after moderate to heavy showers in recent days ended a brutal heat wave that threatened to slash yields. Corn suffered some damage in December's heat wave, but ...
Tags: Corn, Agriculture, Food
Tuesday's Closing Grain and Livestock Futures Mar. corn closed at $4.26, down 1 and 3/4 cents Jan. soybeans closed at $12.99 and 1/2, up 2 and 3/4 cents Jan. soybean meal closed at $434.60, up $5.80 Jan. soybean oil closed at 37.70, ...
Tags: Grains Quiet, Hog Futures Prices, Cattle Futures Prices
March CBOT corn futures retreated Tuesday amid speculation that the U.S. Department of Agriculture will raise its production estimate for the 2013-2014 crop that was harvested in the fall, in a report due out this Friday. Technically, ...
Tags: USDA, Bearish for Corn
The Canadian Food Inspection Agency (CFIA) received an "adequate" rating – the lowest passing grade – in the latest audit by the U.S. government to determine its equivalency on food safety standards, according to documents ...
Tags: Food Inspection, Canada's Food Inspection Agency, Lowest Passing Grade