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Soybeans, corn move higher, wheat continues to fall

Soybeans ended the day mostly higher.  Soybean oil was higher Tuesday and bean meal also found some strength.  The USDA dropped the crop conditions rating 2 points to 70% good to excellent.  That’s still well above last year’s rating.  The trade continues to watch... Read More.

Most CME cash dairy steady to higher Thursday

Cash dairy prices were steady to higher except for butter Thursday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.48.  No sales were recorded.  Forty-pound cheese blocks were up $0.0450 at $1.9825.   Four sales were recorded, ranging from $1.93 to $1.97.  Cheese barrels... Read More.

Live cattle close higher watching direct business develop

At the Chicago Mercantile Exchange, live cattle were up, and feeders were mixed watching direct business develop.  August live cattle closed $1.17 higher at $179.50 and October lives closed $.65 higher at $181.70.  August feeders closed $.10 lower at $257.47 and September feeders closed... Read More.

CME cash dairy prices mostly steady to higher Thursday

Cash dairy prices were steady to higher except for butter Thursday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.48.  No sales were recorded.  Forty-pound cheese blocks were up $0.0450 at $1.9825.   Four sales were recorded, ranging from $1.93 to $1.97.  Cheese barrels were up... Read More.

Hog futures higher on oversold signals

At the Chicago Mercantile Exchange, live and feeder cattle were lower waiting for direct business to develop with boxed beef lower at midday. August live cattle closed $.60 lower at $178.32 and October lives closed $.67 lower at $181.05.  August feeder cattle closed... Read More.

CME cash dairy prices mostly higher

Cash dairy prices closed mostly higher on the Chicago Mercantile Exchange at midweek with limited demand. Dry whey up $0.0050 at $0.48. Blocks up $0.0025 at $1.9375. Five sales were sold at $1.9375 to $1.9475. Barrels unchanged at $2.01. Three sales were sold at $2.01 and... Read More.

CME cash dairy prices higher

Cash dairy prices ended higher on the Chicago Mercantile Exchange Tuesday.  Dry whey up $0.0050 at $0.4750.  One trade was sold at that price. Blocks up $0.0375 at $1.9350. Two sales were sold at that price. Barrels up $0.0425 at $2.01. Two sales were sold at... Read More.

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.

Corn higher, boosted by USDA numbers

Soybeans were mixed, with nearby contracts weak and deferred months firm, still ending the week modestly lower. The USDA sees 2024 U.S. soybean planted area at 86.5 million acres, close to expectations and 3% higher than 2023, with quarterly stocks also up on... 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.

CME milk futures lower, cash dairy steady to higher Thursday

Milk futures were lower and the cash dairy markets were steady to higher Thursday on the Chicago Mercantile Exchange.  April Class III milk was down $0.08 at $15.56.  May was down $0.09 at $15.96.  June was down $0.13 at $16.64.  July was down $0.13 at $17.39.   August through February contracts ranged... Read More.