Markets
Ag markets diverge just before the long holiday weekend
Corn futures performed well early this week, especially in the wake of the bearish Crop Progress report released Monday afternoon.
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Oil edges up on book squaring, but posts big weekly drop
Brent oil prices crept higher on Friday, as traders exited short positions ahead of a long holiday weekend in the United States, but the weekly percentage drop was still the biggest in more than a month.
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Traders evening up positions ahead of the weekend Friday
Corn futures performed well early this week, especially in the wake of the bearish Crop Progress report released Monday afternoon.
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Oil set for biggest weekly drop since mid-April
Oil was poised to post its biggest weekly loss in more than a month as Brent fell below $102 per barrel on Friday, pressured by ample supply and a sluggish economic recovery that could dent demand for fuel.
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Estimated Weekly Meat Production Under Federal Inspection
SJ_LS712
St Joseph, MO Fri May 24, 2013 USDA Market News
Estimated Weekly Meat Production Under Federal Inspection
Total red meat production under Federal inspection for the week
ending Saturday, May 25, 2013 was estimated at 934.2 million lbs.
according to the
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Oklahoma Direct Feeder Cattle
KO_LS161
Oklahoma City, OK Fri May 24, 2013 Oklahoma City, OK USDA
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 05/24/2013
Receipts: 4495 Last Week: 8807 Year Ago: 6379
Compared to last week: Feeder steers sold mostly steady. Feeder heifers
traded 2.00
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Tulia, TX Auction
AM_LS126
Amarillo, TX Fri May 24, 2013 USDA Market News
Tulia Livestock Auction Inc - Tulia, TX - Thursday - 05/23/2013
Receipts: 1809 Last Week: 1639 Year Ago: 2323
Compared to last week: Feeder steers over 700 pounds firm to 3.00 higher;
feeder heifers over 650
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Texas to Mexico Daily Livestock Exports
AL_LS600
Las Cruces, NM Fri May 24, 2013 USDA Market News
In observance of Memorial Day this report will not be released on Monday May 27,
2013.
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5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated
LM_CT100
St Joseph, MO Fri May 24, 2013 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,
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Oil prices pare losses on U.S. equities turnaround
Brent crude oil prices retraced earlier losses after falling to a three-week low on Thursday in a broader commodities selloff, riding the coattails of a late turnaround in U.S. equities to end flat.
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Ag markets diverged prove rather volatile on Thursday
Corn futures seemingly suffered a relapse in the wake of their Wednesday rally Thursday morning, but came back later.
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- Commentary: New rules un-COOL
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
- TSCRA works with sale barns to catch Houston cattle thief
- More beef cows in worst drought regions than a year ago
- NASA backs 3D food printer to feed growing population
- Post-tornado composting a solution for disposal of dead livestock
