Shootin' the Bull about more beef and fewer cattle
Swift Trading Company59 minutes ago
Of the most interest is that we are currently producing more beef than last year with fewer cattle. Of everything you can mention that has created this, you are correct. It's taken everything possible to have accomplished such a feat.
National Sheep Summary
USDA1 hour ago
SA_LS85021 San Angelo, TX Wed May 15, 2024 USDA Market News National Sheep Summary for Wednesday, May 15, 2024 Compared to last week at Sioux Falls, SD slaughter lambs under 70 lbs steady to 4.00 lower, heavier lambs 11.00-17.00 higher; slaughter ewes steady to 5.00...
Wheat Falls from Double Digit Morning Gains to End the Session Lower
Barchart1 hour ago
The wheat complex quickly faded from the early double digit gains as losses were reported across the three exchanges on Wednesday. Chicago contracts posted losses of 6 ¾ to 11 cents across the board. Kansas City futures were down 5 ½ to 8 ¼ cents on the day. MPLS spring...
Soybeans Pushed Lower Following Bearish NOPA Data
Barchart1 hour ago
Soybeans slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush number. Soymeal futures were down $1.60 to $2.70/ton at the close. Soy Oil was up 12 to 24 points as tighter NOPA stocks were reported. The...
Soybeans Pushed Lower Following Bearish NOPA Data
Barchart1 hour ago
Soybeans slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush number. Soymeal futures were down $1.60 to $2.70/ton at the close. Soy Oil was up 12 to 24 points as tighter NOPA stocks were reported. The...
Cattle Post Midweek Strength
Barchart1 hour ago
Live cattle posted Wednesday strength of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head listed on Wednesday morning, with bids of $181-181.25 and asks in the...
Hogs Post Mixed Trade on Wednesday
Barchart1 hour ago
Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents higher. USDA’s National Average Base Hog negotiated price was down $2.10 on Wednesday afternoon at 88.73. The CME Lean Hog Index was...
Cotton Gets a Bounce on Wednesday
Barchart1 hour ago
The cotton market posted strength across most contracts on Wednesday, with futures up 8 to 78 points across most contracts. The outside market factors were helpful, with crude oil up 79 cents and the US dollar index down 732 points. Export Sales data will be released on Thursday morning, with...
Corn Falters to Weakness on Wednesday
Barchart1 hour ago
Corn futures faded the early gains on Wednesday, with contracts closing anywhere from 2 1/4 to 5 cents lower. Weather through the weekend shows much of the WCB drier, with portions of the Southern ECB with expected precip nearing 1-1.5 inches. The WCB looks wetter getting into next week. EIA...
Pure Hedge - Livestock and Grain
Walsh Trading1 hour ago
Grains Break Hard Off the Highs- Livestock Mixed