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Export sales generally down on the week

U.S. export sales continue to face some strong headwinds. That’s due to several factors, including recent relative strength in the U.S. dollar, seasonal trends, including Brazil’s record soybean crop hitting the market, and high prices. The USDA says old crop soybean, soybean meal,... Read More.

CME milk and cash dairy down Thursday

Milk futures were down and cash dairy prices were mostly lower on the Chicago Mercantile Exchange Thursday. June Class III milk was down $0.02 at $24.29.  July closed down $0.09 at $23.46.  August closed down $0.07 at $24.05.  September was down $0.06 at $24.05. ... Read More.

Cheese, butter production down in April

The USDA says cheese and butter production declined in April. That followed a year-to-year decline in milk production and an increase in domestic cheese stocks in the monthly cold storage report. Total cheese production was 1.156 billion pounds, down 4.5% from April 2021, with a... Read More.

Corn grind, soybean crush down on month

Domestic corn for ethanol use and soybean crush demand during April declined slightly from March due to tighter supplies and seasonal facility maintenance, but held above year ago levels. The USDA says 414.731 million bushels of corn were used for ethanol production in April,... Read More.

Export inspections mostly down on week

The USDA says corn and soybean export inspections as of the week ending May 26th are behind the pace needed to meet expectations for the current marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat and September 1st, 2021 for... Read More.