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Hog futures mixed ahead of quarterly inventory report

At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were higher waiting for direct business to develop, bouncing just a little bit off of Tuesday’s sharp moves lower.  April lives closed $.50 higher at $183.60 and June lives closed $.30... Read More.

Cattle futures mixed waiting on direct business

At the Chicago Mercantile Exchange, live and feeder cattle were mixed ahead of widespread direct business and Friday’s On Feed numbers from the USDA. April live cattle closed $.52 lower at $188.05 and June lives closed $.40 lower at $185. April... Read More.

Soybeans gain ground with corn, wheat mixed

Soybeans were higher on commercial and technical buying. CONAB lowered its crop guess for Brazil to 146.859 million tons, below the USDA’s last estimate of 155 million and much closer to, but still above, many private estimates. Brazil’s harvest is over the halfway... Read More.

CME milk futures mixed, cash dairy mostly lower Monday

Milk futures were lower in the near months and the cash dairy markets were mostly lower Monday on the Chicago Mercantile Exchange.  March Class III milk was down $0.10 at $16.47.  April was down $0.16 at $15.92.  May was down $0.14 at $16.34.  June was... Read More.

Hog futures mixed to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were lower, waiting for the rest of the week’s direct business to develop. April live cattle were down $1.12 at $187.60, and June live cattle were down $1.17 at $183.42. April feeder cattle were... Read More.

CME milk & cash dairy prices mixed Friday

Milk futures and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange.  March Class III milk was down $0.02 at $16.57.  April was up $0.17 at $16.08.  May was up $0.10 at $16.48.  June was up $0.08 at $17.20.   July through January contracts... Read More.

CME milk & cash dairy prices mixed Friday

Milk futures and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange.  March Class III milk was down $0.02 at $16.57.  April was up $0.17 at $16.08.  May was up $0.10 at $16.48.  June was up $0.08 at $17.20.   July through January contracts... Read More.

Another mixed week for broiler chicken numbers

U.S. broiler numbers were mixed last week. The USDA says 242.91 million eggs went into incubation, slightly lower than the previous week, but a little bit above a year ago, heading into meat production later this month. Average hatchability was 79.1%. 186.593 million chicks were moved... Read More.

Mixed signals on U.S. planting intentions

A global strategist for grain and oilseeds with Rabobank says he’s getting mixed signals on what U.S. farmers intend to plant this spring. Stephen Nicholson says soybean margins look better than corn margins. However “talking with seed companies, there continues to be really good... Read More.

CME milk futures lower, cash dairy mixed again Wednesday

Milk futures were lower and the cash dairy markets were mixed Wednesday on the Chicago Mercantile Exchange.  March Class III milk was down $0.04 at $17.24.  April was down $0.07 at $17.49.  May was down $0.07 at $17.77.  June was down $0.11 at $18.05.   July... Read More.

Cash hogs mixed on Monday

Chicago Mercantile Exchange live cattle futures were higher and feeders were lower ahead of the week’s direct business. Feeders had additional pressure from the higher corn and larger-than-expected placements in last week’s USDA Cattle on Feed report. April live was up $.20 at... Read More.

U.S. export inspections mixed on week, year

The USDA says corn export inspections as of the week ending February 22nd continue to move ahead of the pace needed to meet projections for the current marketing year. The 2023/24 marketing year started June 1st for wheat and September 1st for corn,... Read More.