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Soybeans mixed to start the week

Soybeans were mixed, with nearby contracts down and deferred months up. Beans adjusted spreads, continuing to monitor tariff talks. Not a lot of public progress on that front recently, but negotiations with several nations are reportedly ongoing. Brazil’s harvest is nearing the finish, while... Read More.

Mixed week for U.S. export numbers

There were a few bright spots in a generally slow week for U.S. export sales. The USDA says beef, rice, sorghum, soybean meal, and soybean oil export sales were up on the week, all seeing generally solid demand from the usual weekly buyers. Other... Read More.

A mixed week for broiler numbers

U.S. broiler numbers were mixed last week. The USDA says 254.898 million broiler-type eggs were set into incubators, falling 257,000 on the week, but rising 1% on the year, with average hatchability of 78.7%. 191.195 million broiler-type chicks entered meat production, up 84,000 from... Read More.

Cattle, hogs mixed amid demand uncertainty

At the Chicago Mercantile Exchange, live cattle were mixed, and feeder cattle mostly lower ahead of widespread direct business and continued demand uncertainty.  June live cattle closed $.55 lower at $193.62, and August live cattle closed $.07 lower at $190.45.  May feeder cattle closed... 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.

Supply of fertilizer mixed, analyst says

A fertilizer market analyst says some supplies have been steady this spring while others are questionable. Josh Linville with StoneX Group says, “We have not heard anything as far as shortages or issues when it comes to potash or phosphate this spring. UAN is... Read More.

Soybeans lower, corn mixed following Liberation Day

Soybean futures closed lower, and corn was mixed a day after President Trump announced tariffs on dozens of U.S. trading partners. Farm management analyst Kent Thiesse with Green Solutions Group says the market is most likely reacting to new 34 percent tariffs on Chinese... Read More.

Mixed response to tariff news

Soybeans ended the day lower amid tariff concerns.  May contracts were down 18 cents at $10.11 and 1/2. China is the top purchaser of soybeans in the world, and the 34 percent tariff on the country could create some hiccups in business moving forward. ... Read More.

Soybeans lower, corn and wheat finish the day mixed

Soybeans ended the day lower.  May soybeans were down 4 and 3/4 cents at $10.29 and 1/2. The market spent much of the day under pressure ahead of the Trump administration’s tariff announcements.  The USDA had February crush at 189 million bushels, down from... Read More.

Corn was mixed, soybeans were lower following USDA reports

Soybeans ended the day lower following the USDA’s prospective plantings and Quarterly Grain Stocks reports. Planted area is seen at 83.5 million acres, a 4 percent decline from last year.  Planted acreage is down or unchanged in 23 of the 29 reporting states.  Soybean... Read More.

Dairy prices mixed, buyers active Friday at CME

Cash dairy prices remained mixed Friday on the Chicago Mercantile Exchange.    Dry whey was up $0.0050 at $0.50.  No sales were recorded.  Forty-pound cheese blocks were down $0.0125 at $1.6350.  Twenty sales were recorded, ranging from $1.6075 to $1.6450.  Cheese barrels were unchanged at... Read More.

Hog futures mixed ahead of quarterly report from the USDA

At the Chicago Mercantile Exchange, live and feeder cattle were up with higher boxed beef during the session, waiting on the week’s direct business to develop.  April live closed $.70 higher at $207.07 and June lives closed $.70 higher at $203.02.  April feeder cattle... Read More.