Cattle Inventory Report Signals Expansion Phase Is Nearing Completion

Improving demand and shrinking world supplies help to trigger speculative short covering.

This report also came in largely as expected.

As expected, the number of cattle on feed for July 1 hit a record.

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

Rural economy in 10 states still strong but economic momentum is slowing.

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USDA's explanation on why its pork export forecast wasn't changed in the July 12 WASDE Report, despite tariffs on U.S. pork from Mexico and China.

Our Market Watch table features monthly and quarterly outlooks, along with weekly prices for a variety of ag markets.

With global corn and wheat crops slipping, the warm, dry August U.S. forecast may increase risks for U.S. crops.

Canada, EU make clear they would retaliate in billions of dollars if U.S. unveils auto tariffs

Export improvement, record-large domestic meat production set to boost corn and soybean consumption.

This week, all four of the nitrogen products in our survey posted declines with urea making a conspicuous move.

Drought expansion may continue into August.

Shallow rallies stall on Midwest weather forecasts and few signs of any U.S.-China trade negotiations.

Also of note, wheat, soymeal and beef exports notched marketing-year highs the week ending July 12.