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Wheat higher, soybeans, corn lower ahead of USDA numbers

Soybeans were lower on fund and technical selling. Beans followed the lead of soybean meal, while watching U.S. planting and development conditions. Planting is close to wrapping up in some areas, emergence is ahead of average, and the first national condition rating of... Read More.

Hog futures were mostly higher ahead of Thursday’s report

At the Chicago Mercantile Exchange, live cattle were up, and feeders were mostly higher watching direct business unfold.  April live cattle closed $1.40 higher at $185 and June lives closed $1.57 higher at $180.25.  April feeder cattle closed $.25 higher at $247.12 and... Read More.

Hog futures mixed ahead of quarterly inventory report

At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were higher waiting for direct business to develop, bouncing just a little bit off of Tuesday’s sharp moves lower.  April lives closed $.50 higher at $183.60 and June lives closed $.30... Read More.

Down day for soybeans, corn ahead of USDA reports

Soybeans were modestly lower on fund and technical selling. Soybeans saw another round of spillover from bean oil and palm oil, this time sparked by lower moves in China ahead of the U.S. open. Soybean meal was mixed at times, eventually closing lower... Read More.

Seed salesmen see no major rotation changes ahead of planting

Seed salesmen say there are no big shifts in planting plans.  With commodity prices low and margins tight, some seed salesmen tell Brownfield most farmers are sticking to their rotation plans.  Ben Puestow manages sales in Wisconsin for Beck’s Hybrids. He says, “When we... Read More.

Down day for soybeans, corn, wheat ahead of USDA reports

Soybeans were lower on profit taking and technical selling. Beans gave back part of Monday’s gains, waiting for Thursday’s USDA numbers. The USDA’s Prospective Plantings report, Quarterly Grain Stocks, and weekly export sales numbers are all out on the 28th. Soybean meal and... Read More.

Cattle futures mostly lower ahead of On Feed numbers

At the Chicago Mercantile Exchange, live and feeder cattle were mostly lower watching direct business develop and waiting on Friday’s On Feed numbers.  April live cattle closed $.57 higher at $188.37 and June lives closed $.27 lower at $184.50.  April feeder cattle closed... Read More.

FAPRI: lower prices and tight margins ahead

A new food and ag outlook from the University of Missouri’s Food and Ag Policy Research Institute says lower commodity prices and tight margins are expected for some U.S. farmers and ranchers this year. Director Pat Westhoff says if weather conditions are average for... Read More.

A pattern shift ahead to chillier days for most of the Heartland

Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or below-normal temperatures in the central U.S., while warmer-than-normal weather will prevail in the West and portions of the Atlantic Coast States.  Meanwhile, near- or below-normal precipitation across much of the... Read More.

More normal-like spring ahead

A meteorologist says an upcoming cooldown should bring more springlike conditions to the Eastern Cornbelt. Jim Noel is with the National Weather Service’s Ohio River Forecast Center. “We’re running way ahead of schedule,” he says. “We’re running about 10 to 20 days ahead of normal,... Read More.