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U.S. cattle placements down 3% in December

U.S. cattle placements fell during December. The USDA says 1.642 million cattle entered U.S. feedlots last month, a decline 3% on the year. That was below the range of pre-report expectations, reflecting the small size of the cow herd and the more aggressive placements...

Prop 12 and Question 3 stir uncertainty for pork producers in 2025

State livestock confinement laws continue to create uncertainty for the hog industry. National Pork Producers Council president Lori Stevermer says California’s Proposition 12 and Massachusetts’ Question 3 open the door for a patchwork of regulations. “So as a producer, how do I go forward...

Closing Grain and Livestock Futures: December 3, 2024

Mar. corn closed at $4.32 and 1/4, down 1/4 centJan. soybeans closed at $9.91 and 3/4, up 6 and 1/2 centsJan. soybean meal closed at $290.40, up $2.50Jan. soybean oil closed at 42.14, up 72 pointsMar. wheat closed at $5.47 and 1/2, up 1/4...
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