Lean hogs bounced back and forth on Wednesday, with contracts slipping off the midday pop, but still closing mixed. Contracts were anywhere from a dime lower to 50 cents higher. USDA’s National Average Base Hog negotiated price was back down $1.46 in the Wednesday afternoon report at $91.79. The CME...
Live cattle closed the Wednesday session with contracts down 95 cents to $1.57 across the CME. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on the 1,890 head listed. Bids were running $184, with $185-186 asks. Feeders fell weaker on...
The cotton market shot higher on Wednesday, with futures closing 106 to 256 points higher as May rolled off the board. Cotton limits are reverting to 4 cents due to July creeping back in that 80 cent level. The US dollar index was up 105 points, a negative input, while...
Futures are pulled back on Wednesday after a couple weeks of rallying and a USDA report on the horizon. Corn prices ended the midweek session with losses of 3 ½ to 8 ½ cents across most months. Weekly EIA data showed ethanol production at 965,000 barrels per day for the...
Soybean bulls took a breath on Wednesday, as contracts were down 9 ¼ to 19 ½ cents across the board at the close. Soymeal also pulled back with contracts down $1.80 to $5.50/ton on the day. Soy Oil posted losses of 49 to 71 points to revert back to some...
The wheat complex closed the midweek session with weakness across all three exchanges. Chicago wheat contracts were own 8 ¼ to 9 ½ cents on the day. Kansas City futures were down 11 to 15 ½ cents at the close to lead the charge to the downside for the winter...
If you’re looking for ways to add protein or essential vitamins and nutrients to your meals, dairy is a great place to start. Jessica Kassel, a nutritionist with the St. Louis Dairy Council, says milk and Greek yogurt are easy additions. AUDIO: Healthy Living dairy adds nutrients ...
The dollar index (DXY00 ) on Wednesday rose by +0.13%. Higher T-note yields Wednesday supported modest gains in the dollar. Also, hawkish comments from Boston Fed President Collins were bullish for the dollar when she said interest rates will likely need to be held higher for longer to reduce price...
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes Wednesday settled mixed, with the Dow Jones Industrials posting a 1-month high....
At the Chicago Mercantile Exchange, live and feeder cattle were pressured by the drop in boxed beef, waiting for direct business to develop. June lives closed $1.15 lower at $176.47 and August lives closed $1.30 lower at $174.22. August feeders closed $2.02 lower at $252.40 and September feeders closed $2.05...
An atmospheric scientist says the state that leads the country in fruit and vegetable production has recovered from drought but has a different threat to this year’s crops. Eric Snodgrass with Nutrien Ag Solutions tells Brownfield California needs warm weather and the accompanying heading degree units so the crops will...
A central Iowa farmer is concerned about the combination of a mild winter and wet spring. Corey Hillebo grows corn and soybeans near Polk City. “We had a very warm February and got started kind of early, and (because of) how wet we’ve been, we might have some nitrogen loss...