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Cattle, hog futures higher to start the week

At the Chicago Mercantile Exchange, live and feeder cattle were higher, preparing for the week’s direct business and Thursday’s On Feed report from the USDA.  June live cattle closed $2.27 higher at $199.07 and August live cattle closed $1.97 higher at $195.82.  May feeder... Read More.

Cattle, hog future higher to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were higher, supported by strength in the broader markets.  June live cattle closed $1.60 higher at $196.80 and August live cattle closed $1.65 higher at $193.85.  May feeder cattle closed $3.40 higher at $278.709 and... Read More.

Cash dairy mostly higher Friday

In cash dairy trade Friday at the Chicago Mercantile Exchange, business was mixed, mostly modestly higher. Cheese barrels were $.02 and ½ higher at $1.80 and ½ per pound and cash blocks were up $.05 at $1.74 and ½. Grade A nonfat dry milk... Read More.

Soybeans, corn finish higher on tighter ending stocks

Soybeans were higher on short covering and technical buying. U.S. ending stocks were down slightly from March at 375 million bushels on increased domestic crush use, with no changes for production or exports for Argentina or Brazil. CONAB did raise its projection for Brazil,... Read More.

Rice ending stocks tighten as cotton moves higher

The USDA’s domestic rice ending stocks guess is down on the month, while the cotton carryout estimate is up. U.S. rice ending stocks are seen at 44.5 million hundredweight, 2.5 million below March on cuts to imports and domestic use, which canceled out a... Read More.

Cash dairy prices higher Thursday

Cash dairy prices were all higher Thursday on the Chicago Mercantile Exchange.    Dry whey was up $0.0050 at $0.4850.  No sales were recorded.  Forty-pound cheese blocks were up $0.0325 at $1.74.  Nine sales were recorded, ranging from $1.72 to $1.74.  Cheese barrels were up... Read More.

Cattle futures sharply higher at midweek

At the Chicago Mercantile Exchange, live and feeder cattle closed sharply higher on the rebound in the boarder markets, ahead of the week’s direct business. June live cattle closed $4.75 higher at $198.37, and August live cattle closed $4.55 higher at $195.  May feeder... Read More.

Cash dairy prices mostly higher Wednesday

Cash dairy prices were higher except for dry whey Wednesday on the Chicago Mercantile Exchange.    Dry whey was down $0.0125 at $0.48.  Two sales were recorded at $0.48 and $0.4825.  Forty-pound cheese blocks were up $0.0050 at $1.7075.  Three sales were recorded, ranging from... Read More.

Cheese & butter higher Tuesday at CME

Cash dairy prices were steady-to-higher except for nonfat dry milk Tuesday on the Chicago Mercantile Exchange.    Dry whey was unchanged at $0.4925.  No sales were recorded.  Forty-pound cheese blocks were up $0.0325 at $1.7025.  Eight sales were recorded, ranging from $1.67 to $1.7025.  Cheese... Read More.

Cattle futures higher waiting on direct business to develop

At the Chicago Mercantile Exchange, live and feeder cattle were up ahead of the week’s direct business.  June live cattle closed $1.97 higher at $207.40 and August live cattle closed $1.60 higher at $203.92.  May feeder cattle closed $.77 higher at $287.92 and August... Read More.

Grain markets move higher on Tuesday

Soybeans ended the day higher, with May contracts up 19 and ½ cents at $10.34 and 1/4. Markets also found support from sharply higher bean oil.  The USDA’s announcement of funding for the administration’s biofuel blending infrastructure was supportive.  There was some focus from... Read More.

Broiler sets, placements stick to higher pace

2025 broiler sets and placements continue to move faster than 2024. The USDA says 249.476 million broiler-type eggs were set into incubation, jumping 1.198 million on the week and 1% on the year, with average hatchability dipping slightly to 78.5%. 191.503 million broiler-type chicks... Read More.