Markets

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Thu Apr 10, 2014 USDA Market News Texas to Mexico Daily Livestock Exports FULL STORY »

5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated

LM_CT100 St Joseph, MO Thu Apr 10, 2014 USDA Market News Service 5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots (Includes all transactions regardless of delivery day) Recap for: Wednesday, FULL STORY »

California to Mexico Livestock Exports

AL_LS615 Las Cruces, NM Thu Apr 10, 2014 USDA Market News California to Mexico Livestock Exports FULL STORY »

Gasoline prices expected to average over $3.50

Retail prices are expected to gradually decline after May to an average of $3.46/gal in September. The largest driver of the expected decline is falling gasoline crack spreads, which are expected to decline to an average of 29 cents/gal in September. The expected decrease in crack spreads results from a projected increase in crude oil throughput at refineries, which add supplies to the market, along with easing seasonal demand increases as the summer progresses. North Sea Brent crude oil prices are projected to fall from a March average of $107 per barrel (bbl) to a May average of $105/bbl and a September average of $103/bbl. The May-to-September crude oil price drop contributes almost 5 cents/gal to the projected decline in gasoline prices. FULL STORY »

Ag markets were widely mixed Wednesday

Corn futures couldn’t sustain their bullish reaction to the WASDE report. CBOT traders were expecting today’s WASDE report to boost nearby corn prices. FULL STORY »

USDA raises 2014 beef production forecast

In the latest World Agricultural Supply and Demand Estimates (WASDE) report, the USDA raised both beef production and cattle prices. FULL STORY »

Ask before seeding a new forage stand

In order to reap the benefits of what you sow, there are a few questions you should ask in regards to seeding a new forage. Identifying weed issues prior to planting is vital as is knowing the soil conditions and your timeline for your forage stand. FULL STORY »

Ag markets are struggling to sustain their bullish report reactio

The WASDE report roiled the corn market. Late gains suggested traders were expecting today’s WASDE report to boost nearby corn prices. FULL STORY »

WASDE: Corn prices climb but stay under $5

The USDA’s latest World Agricultural Supply and Demand Estimates report shows a slight uptick in corn prices, a 125-million-bushel increase in projected corn exports and a 9 percent drop in corn stocks. FULL STORY »

Online price basis tool for agricultural producers available

It’s not as flashy as watching contract futures prices trade from red to green on the weekday exchange, but knowing the price basis for a commodity is an important aspect of marketing for agricultural producers, according to experts with the Texas A&M AgriLife Extension Service. FULL STORY »

Schwieterman: Live cattle futures closed moderately higher

Feeder cattle futures closed higher on Tuesday, with the lead April contract up .80 for the day. Today is supply/demand report day for the grains, which could have a significant impact on the feeders as well. FULL STORY »

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