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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.

CME milk futures, cash dairy mixed Thursday

Milk futures and the cash dairy markets were mixed Thursday on the Chicago Mercantile Exchange.  February Class III milk was up $0.02 at $16.18.  March was down $0.22 at $16.80.  April was down $0.17 at $17.13.  May was down $0.16 at $17.50.   June through December contracts ranged from seven... Read More.

CME milk futures mixed, cash dairy mostly higher Tuesday

Milk futures were mixed and the cash dairy markets were mostly higher Tuesday on the Chicago Mercantile Exchange.  February Class III milk was down $0.02 at $16.19.  March was up $0.17 at $17.43.  April was up $0.11 at $17.67.  May was down $0.01 at... Read More.

Cattle futures mixed ahead of direct business

At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were higher waiting for direct business to develop. April live cattle closed $.80 lower at $185.92 and June live cattle closed $.45 lower at $183.52.  March feeders closed $1.67 higher at $248.82... Read More.

CME milk futures mixed, cash dairy lower Thursday

Milk futures were mixed and the cash dairy markets were mostly lower Thursday on the Chicago Mercantile Exchange.  February Class III milk was down $0.11 at $16.12.  March was down $0.14 at $17.19.  April was down $0.14 at $17.49.  May was up $0.01 at... Read More.

Wetter weather has mixed effects in Tennessee

A shift to wetter weather in Tennessee during January recharged soil moisture but had some drawbacks. Up to a foot of snow in parts of the state mid-month accompanied bitterly cold conditions, which led to extra hay feeding by livestock producers. While a move to... Read More.

Cattle futures mixed to start the week

At the Chicago Mercantile Exchange, live and feeder cattle were mixed ahead of the week’s direct business. February live cattle closed $.60 lower at $173.77 and April live cattle closed $.47 lower at $176.90. March feeders closed $.67 lower at $231.27 and April... Read More.

Soybeans, corn see gains as wheat finishes mixed

Soybeans were higher on short covering and technical buying. Forecasts for South America are mixed, a little wetter over the near-term for parts of central and northern Brazil, and drier for portions of southern Brazil and most of Argentina. Continued oversold signals and... Read More.

Wheat gains with mixed finishes for soybeans, corn

Soybeans were mixed, mostly modestly lower, with the pit ending the week in the red. Beans were up initially, helped out by the sale of 297,000 tons of 2023/24 U.S. beans to China, but did not hold onto those early gains. That is... Read More.