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Cattle on Feed numbers remain lower

USDA-NASS released the monthly Cattle on Feed report on May 17, 2013. The report documented cattle and calves on feed on May 1 for slaughter market in the U.S. for feedlots with capacity of 1,000 head or more, cattle placements on feed during April, and fed cattle marketings during April. Prior to the report, news agencies such as Dow-Jones and Bloomberg survey industry market analysts for their predictions of the three categories. FULL STORY »

Ag markets posted a general advance mid-day Wednesday

After opening weakly, corn futures surged Wednesday morning. First came the daily grain report indicating private exporters had sold 540,000 tonnes of new crop corn to China and other unknown destinations. FULL STORY »

Schwieterman: Cattle futures rally sharply higher after reversal

Live cattle futures closed sharply higher on Tuesday, with the June contract pulling within .20 of the 40 day moving average. FULL STORY »

Estimated Livestock Slaughter

SJ_LS710 St Joseph, MO Wed May 22, 2013 USDA Market News Estimated Daily Livestock Slaughter under Federal Inspection CATTLE CALVES HOGS SHEEP Wednesday 05/22/2013 (est) 124,000 3,000 413,000 7,000 Week ago (est) FULL STORY »

Ag commodities seemed directionless Wednesday morning

After having declined Tuesday in reaction to the surprisingly fast planting pace indicated on the Monday afternoon Crop Progress report, corn futures bounced modestly overnight. FULL STORY »

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