Markets

Cattle Outlook: Fed cattle prices steady, volume heavy this week

USDA's October crop report predicted that this year's harvests of corn and soybeans will both be the largest of record. FULL STORY »

Steers and lower corn prices boost cattle dressed weights

Despite recent and current positive cattle feeding margins, increases in feeder cattle prices are offsetting declines in corn prices, signaling continuation of positive margins. FULL STORY »

Estimated Weekly Meat Production Under Federal Inspection

SJ_LS712 St Joseph, MO Fri Oct 17, 2014 USDA Market News Estimated Weekly Meat Production Under Federal Inspection Total red meat production under Federal inspection for the week ending Saturday, October 18, 2014 was estimated at 931.2 million lbs. according to the FULL STORY »

Oklahoma Direct Feeder Cattle

KO_LS161 Oklahoma City, OK Fri Oct 17, 2014 Oklahoma City, OK USDA Oklahoma Range Sales Feeder Cattle Weighted Average Report for 10/17/2014 Receipts: 2031 Last Week: 3098 Last Year: 5849 Compared to last week: Feeder steers sold mostly steady to weak. Feeder FULL STORY »

Natural gas spot prices fall

Spot prices fell over the report week at most market locations, with northeastern pricing points reaching record lows in Friday trading before reversing losses at the end of the report week (Wednesday-to-Wednesday). FULL STORY »

5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated

LM_CT100 St Joseph, MO Fri Oct 17, 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: Thursday, FULL STORY »

Texas to Mexico Daily Livestock Exports

AL_LS600 Las Cruces, NM Fri Oct 17, 2014 USDA Market News Texas to Mexico Daily Livestock Exports FULL STORY »

Tulia, TX Auction

AM_LS126 Amarillo, TX Fri Oct 17, 2014 USDA Market News Tulia Livestock Auction, Inc. - Tulia, TX - Thursday - 10/16/2014 Receipts: 1756 Last Week: 1841 Year Ago: 1426 Compared to last week: Calves weighing under 650 lbs sold weak to 4.00 lower. Steers and heifers FULL STORY »

Role of benchmarks in the global crude oil market

The Brent-WTI spread, the difference between the front month futures price of North Sea Brent crude oil and that of West Texas Intermediate (WTI) crude oil, narrowed to $2.00 per barrel (bbl) as of October 15, after reaching a 2014 high of $14.95/bbl in January (Figure 1). FULL STORY »

Purdue economist: Record crops mean some harvest delays

Indiana's projected record corn and soybean crops will likely result in backups at the state's grain handling facilities and delay some farmers from harvesting, Purdue agricultural economist Chris Hurt says. FULL STORY »

Falling gasoline prices: There are lots of reasons why

Plummeting gasoline prices are the result of lagging economic growth in many parts of the world, the end of the summer driving season, less expensive winter gasoline and well-functioning Midwest refineries, Purdue University energy economist Wally Tyner says. FULL STORY »

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