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Soybeans decline on profit taking, dollar strength

Soybeans were lower on profit taking and technical selling, in addition to the higher move in the dollar during the session. There’s more rain in the forecast for Argentina, while harvest conditions generally look good in Brazil. The USDA’s next round of supply,... Read More.

Profit potential remains in the cattle market

A livestock economist says as long as demand holds, there’s still a lot of upside potential in the cattle markets. Brenda Boetel with the University of Wisconsin-River Falls says beef prices are high and the question remains how long consumers will continue to pay... Read More.

Soybeans, corn down on post-USDA report profit taking

Soybeans were lower on profit taking and technical selling, compounding the week’s losses. The USDA left U.S. ending stocks unchanged at 245 million bushels with no adjustments to the U.S. balance sheet. That’s pretty typical for December, with the USDA generally waiting until... Read More.

Soybeans see profit taking, spillover from meal

Soybeans were lower on profit taking and technical selling. Analysts expected USDA to report harvest at around 85% complete, even with the recent widespread delays. The USDA says 85% of U.S. soybeans are harvested, compared to the five-year average of 78%. Weather is... Read More.

Soybeans, corn see end-of-week profit taking

Soybeans were lower on profit taking and technical selling but did manage a decent week-to-week gain. Beans gave back some post-USDA report gains, while watching U.S. harvest activity and weather in South America. Stateside, the trade was expecting the USDA to report generally... Read More.

Corn weak on profit taking

Soybeans were modestly higher on short covering and technical buying. Harvest is just ahead of average, with the trade expecting good progress in most of the Midwest and Plains this week, outside of some near-term delays in the northern Midwest. The USDA’s crop... Read More.

Cattle futures down on profit taking ahead of direct trade

Chicago Mercantile Exchange live and feeder cattle were lower on profit taking ahead of the week’s widespread direct cash cattle business. Losses in feeders were limited by the lower move in corn. October live was down $1.25 at $178.62 and December was $1.15... Read More.

Profit Map to Success

Digital specialist Ben Longlet says Harvest Profit is a farm financial management software program that helps farmers understand the profitability of their farm.  He tells Brownfield one of the tools it provides is profit mapping, which layers data together on a map level to... Read More.

Soybeans, corn see a little bit of profit taking

Soybeans were modestly lower on profit taking and technical selling. The USDA’s national good to excellent rating was down 1% on another mixed week of weather in many key U.S. growing areas. Forecasts for the early part of August are at least a... Read More.

Spot prices create a cheese profit opportunity

A market expert says there is an opportunity for profit in the cheese markets right now, but there’s a catch. Mike North with ever.ag tells Brownfield the higher volume of cheese on the spot market through the Chicago Mercantile Exchange reflects higher inventories with... Read More.