Another round of light, lower direct cattle trade

Chicago Mercantile Exchange live cattle futures were mostly lower, watching direct trade develop, while feeders were up on oversold signals and the mostly lower move in corn. October live cattle […]

Soybeans manage modestly higher finish

Soybeans were modestly higher on short covering and technical buying, with most months near the high end of the day’s range. Near-term forecasts are warmer, and drier for parts of […]

Broiler sets, placement hold higher trend

Domestic broiler sets and placement were up on the year last week. The USDA says 248.86 million broiler-type eggs were placed into incubation, climbing 658,000 from the previous week and […]

July milk production down on year

U.S. milk production declined slightly in July 2024. The USDA says production in the top 24 milk states was 18.171 billion pounds, 0.2% less than in July 2023, with a […]

Domestic rice supply above a year ago

U.S. rice stocks on August 1st, 2024 were up sharply on the year. The USDA says rough rice in all positions at the start of the new marketing year was […]