Latest News From

Midweek Cash Markets | June 2, 2021

Boxed beef, pork cutout value continue to rise amid strong meat demand

Packs of beef imported from Australia at an Aeon supermarket in Chiba, Japan.
Argentine producers could extend ban on meat sales, expand strike to grains

Argentine cattle producers are slated to end their halt to meat sales at midnight tonight, but the ban could be renewed and extended to grain sales.

POET acquires Flint Hills Resources’ ethanol business

As rumored, the ethanol producer POET announced Tuesday it had acquired Flint Hills Resources’ entire ethanol business.

Processing resuming at JBS facilities in the U.S. and Australia

The market is breathing a collective sigh of relief that the outage was short-lived.

Competitive Bidding Pushes Land Prices Higher

Farmers National notes strong gains in farmland values since Jan. 1.

Strong corn condition rating to kick off season

Highlights from today's USDA Crop Progress and Condition Report.

Marked downshift in the Ag Economy Barometer

Purdue University and CME Group report the Ag Economy Barometer dropped 20 points during May to a reading of 158 points, the lowest since September 2020.

Ransomware attack with suspected Russian ties downs operations at JBS plants

JBS is the world’s largest meatpacker and it controls around 25% of all U.S. beef capacity and roughly 20% of its hog slaughter capacity.