USDA’s Corbitt Wall: Replacement feedlot cattle hard to buy

Compared to last week, calves sold unevenly steady and yearling feeders ranged steady to 4.00 higher on light Memorial Day holiday receipts.  Most auction markets were closed on Monday and direct trade was slow to develop as the (CME) Chicago Mercantile Exchange was shuttered on Monday and then traded lower until late in the week. 

1. Showers to slow U.S. corn seedings from blistering pace
2. White House urges Senate to cut crop insurance in farm bill
3. Weather report: Thunderstorms dot the southern Plains
4. Corn market reacted poorly to the Crop Progress data
5. Oil falls on concern about Federal Reserve direction
6. Packer margins jump higher, feeding margins bleak

1. Michigan hay buyers should plan purchases early
2. U.S. cattle placements rise in April as feed costs subside
3. New animal identification rules aid disease traceability
4. Corn planting pace turns from record slow to record fast
5. Ag markets were mixed to start the new week
6. Corn and soybean prices continue to retrace 2012 drought rally

1. Tyson selects panel to monitor animal welfare program
2. BeefTalk: How do we get the next generation to raise beef?
3. 2014 Farm Bill: Are we near an agreement?
4. Farm bill and immigration reform action needed
5. Boxed beef hits record highs, cattle weak to lower