Soybeans were lower on fund and technical selling, with January hitting a new contract during the session. South American crop conditions are mostly favorable, with some estimates rising for Brazil. AgRural projects the crop in Brazil at 171.5 million tons, with very early harvest activity getting underway. The USDA’s updated estimate is out January 10th, […]
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Milk production rose again in October. USDA’s National Agriculture Statistics Service says the twenty-four major milk producing states saw production climb
Tyson Foods has announced it will be closing its Lexington, Nebraska, beef processing facility in an effort to optimize production and
Soybeans were mixed, with nearby contracts up and deferred months down, lessening the weekly losses in those nearbys. Beans have spent
Chicago Mercantile Exchange live and feeder cattle were lower ahead of the USDA’s Cattle on Feed report, which was out after
The USDA’s November cattle on feed numbers were mostly towards the low end of pre-report estimates. Placements were the lowest for
Dec. corn $4.25 and 1/2, down 1 centJan. soybeans $11.25, up 2 and 1/2 centsDec. soybean meal $315.10, up $1.10Dec. soybean
December Class III milk futures on the Chicago Mercantile Exchange down 31 at $16.32. January down 21 at $15.38. February 23
A global strategist with Rabobank says an increased domestic soybean crush won’t replace the lost demand from China. Stephen Nicholson says
The Under Secretary of Farm Production and Conservation at the USDA says conversations are still happening about trade aid. Richard Fordyce
