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Soybeans, corn, wheat see solid daily, weekly gains

Soybeans were higher on short covering and technical buying, adding to what would have already been a strongly weekly gain. Unknown destinations bought 121,000 tons of U.S. beans ahead of the open, with 55,000 tons for 2024/25 delivery and 66,000 tons for 2025/26. That... Read More.

Wheat gains as soybeans and corn close mixed

Soybeans were mixed. It was an up and down day with the trade waiting for any updates on tariffs. China is reportedly open to negotiations, but significant near-term progress seems unlikely, with the White House threatening additional tariffs if Beijing doesn’t repeal its tariffs.... Read More.

Dairy genetic evaluation reset reflects component gains

An economist says dairy cattle genetics have made major strides over the past five years. Corey Geiger with CoBank says since 1965, the Council on Dairy Cattle Breeding has regularly adjusted genetic base evaluations to reflect progress. “Butterfat in Holsteins will shift by 45 pounds, and protein by... Read More.

Strong gains for cattle, hog futures

Chicago Mercantile Exchange live and feeder cattle were up sharply on technical buying, while waiting for widespread direct cash business. April live was $1.90 higher at $196.55 and June was up $2.62 at $192.70. April feeders were $3.57 higher at $276.07 and May was... Read More.

Soybeans, corn end session with modest gains

Soybeans were higher on short covering and technical buying. South American weather appears largely favorable over the near-term. There’s more at least scattered rain in some forecasts for Argentina and harvest conditions in Brazil mostly look good. The USDA’s next round of supply, demand,... Read More.

Broiler sets, placements see more year-to-year gains

2025 U.S. broiler sets and placements remain on track to top 2024. The USDA says 249.285 million broiler-type eggs were set into incubation last week, up 771,000 from the week before and 2% from last year, with average hatchability sitting at 78.8%. 191.161 million... Read More.

More year-over-year gains in broiler sets, placements

Broiler sets and placements continue to run faster than last year’s pace. The USDA says 248.567 million broiler-type eggs were set into incubators, rising 497,000 on the week and 3% on the year, with average hatchability at 79%, near recent weeks. 191.335 million broiler-type... Read More.

Dairy shipments down in 2024, slight gains in value

The U.S. Dairy Export Council says total export volumes for 2024 were down nearly a half a percent while values gained two percent on the year. Shipments of cheese were up 17 percent on the year and hit a shipping record high of more... Read More.

Gains reported for December dairy product production

The USDA says production of most dairy products in December was up on the year aside from dry milk products as processors focused on categories with the strongest demand. Total cheese production was nearly 1.2 billion pounds, down about a percent from last year... Read More.

Strong gains for cattle futures at midweek

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher on technical buying, shrugging off the bearish cash and wholesale business during the session. April live was up $2.65 at $201.30 and June was $2.67 higher at $195.90. March feeders were $2.47 higher... Read More.

Soybeans, corn, wheat see good gains

Soybeans were higher on short covering and technical buying. A new tariff battle against China is on, but Beijing’s retaliation doesn’t include soybeans. Mexico does buy U.S. soybeans and soybean products and Canada is a solid soybean meal customer. Soybean meal futures were up... Read More.

Gains in the soybean market

An ag economist says the soybean market has seen some recent strength. University of Missouri’s Ben Brown says, “It was driven partially due to a delay in any type of tariff announcements. I think that helped the market move a little bit higher with... Read More.