Planting progress pressures soybeans, corn

Soybeans were lower on fund and technical selling. 18% of the U.S. crop is planted, faster than average, and with generally favorable conditions expected this week. Globally, soybeans are monitoring Argentina’s harvest, with Brazil’s harvest essentially wrapped up for the season. The USDA’s updated supply, demand, and production numbers are out May 12th, with CONAB’s […]

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Cash dairy prices mixed Friday with butter higher, cheese lower

Cash dairy prices were mixed Friday at the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.7450.  One sale was recorded at that price.  Forty-pound cheese blocks were down $0.0150 at $1.38.  Ten sales were recorded, ranging from $1.3775 to