Markets

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Wed Aug 20, 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 Wed Aug 20, 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: Tuesday, 8/19 FULL STORY »

Ag markets proved decidedly mixed again Tuesday

Corn futures held at moving average support. Talk of large fall production depressed corn futures in early Tuesday trading. FULL STORY »

Corn increases farmland value in four states

Increased prices in corn have caused the value of farmland in the northern plain states — Kansas, Nebraska, North and South Dakota — to rise 16% last year, according to the Land Values report published by the National Agriculture Statistic Service earlier this month. FULL STORY »

Ag markets are decidedly mixed at midsession Tuesday

Talk of large production is depressing corn futures. Corn futures proved unable to sustain their early-week follow-through to last week’s late rally and turned downward yesterday. FULL STORY »

July cattle placements seen lowest in history

July Placements are expected to be 6.4% lower than last year. This would be the lowest July placement since the history of the current data series (1996). FULL STORY »

Feeder cattle prices may narrow feeding margins

Cattle feeders are experiencing positive average profit margins for cattle currently being marketed. However, prices of feeder cattle are well above $200-per-cwt, and, even with corn below $4 per bushel, break-even prices for cattle placed on feed this summer are escalating along with feeder cattle prices and are moving close to $160 per cwt. FULL STORY »

Record forecast yields produce record corn crop

The first survey-based yield forecast for the 2014 U.S. corn crop is up 2.1 bushels per acre from last month’s trend-based projection to a record 167.4 bushels. FULL STORY »

Monday Market Sentiment: Feeders expect prices to increase

Last week was ugly for cattle feeders. The five area cash cattle trade was $154.77 last week and was down over $ 5 dollars from the previous week. FULL STORY »

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Tue Aug 19, 2014 USDA Market News Texas to Mexico Daily Livestock Exports FULL STORY »

Corn conditions slip again, but…

…even with a slight dip from last week’s Crop Progress report, this year’s corn crop is rated the best since 2004. FULL STORY »

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