News
USDA estimates there were 91.9 million head of cattle in the U.S. as of Jan. 1, down 1.9 million head (2.0%) from year-ago and 762,000 head less than the average pre-report estimate implied.
Soybean futures hit contract high close for third-straight day, corn at highest level since May, wheat ends week strong.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
USDA’s Cattle Inventory Report at 2 p.m. CT is expected to show the U.S. cattle herd as of Jan. 1 contracted 1.2% from year-ago.
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Mixed outlook on Russia intentions re: Ukraine
Strength in the dollar triggers pressure in livestock markets, Biden warns Ukrainian counterpart and crop sales by U.S., Brazilian and Argy farmers slow...
Soybeans surge overnight, post contract high second straight day on drought, demand, corn and wheat also higher.
Old-crop soybean futures led price gains across the grain and soy complex and posted new contract highs overnight.
Soybean futures post contract high for second day in row on demand, weather; dollar surge sends wheat, corn lower.
