News
Proposition 12 imposes what opponents claim is arbitrary animal housing standards that reach far outside of California’s borders to farms across the country, and bans the sale of pork that does not meet those standards.
Inside you’ll find weather updates, both sides of the livestock pricing issue, an update on an infrastructure deal and market-by-market analysis and marketing advice.
Corn pressured by weather, spring wheat supported by crop concerns. Hogs due for a corrective bounce, though that may be difficult to muster.
Heavy rain and storms are on tap for southern and eastern areas of the Midwest. The infrastructure agreement faces some high hurdles reaching the finish line. USDA’s monthly Cattle on Feed Report is out this afternoon.
After the Bell | June 24, 2021 Widespread Midwest rains keep corn, soybean futures under pressure, hog futures still in free-fall.
The measure includes $579 billion in new spending on infrastructure, for a total price tag of $1.2 trillion over eight years.
Find expectations for tomorrow’s Cattle on Feed Report.
Recent rains were too little, too late for a portion of the Brazilian safrinha corn crop, Blinken looks to open trade talks with Taiwan and USDA begins work on rules for cell-based meat…
USDA will release its June S&D balance sheets today, Biden tells military personnel coronavirus and climate change are among the greatest threats and El Salvador approves bitcoin as legal currency...
Biden explores ways to relieve refiners of RFS blending requirements, the U.S. Budget deficit has risen sharply and a bipartisan group of senators find consensus on an infrastructure proposal...
Corn and soybean CCI ratings came in below 5-year averages, the U.S. and E.U. announce trade truce and a House Subcommittee will discuss shipping snags...