Corn futures closed out the Monday session, giving back much of the Friday gains, as contracts were down 6 to 7 cents across the front months. The CmdtyView national average Cash Corn price was down 6 ½ cents at $3.79. Crop Progress data showed 85% of the US corn crop...
Cotton futures were weaker for much of the Monday session, with contract closing steady to 23 points higher. The US dollar index was down $0.210 on the day to $97.345, with crude oil futures $0.59 higher. NASS reported the US cotton crop 50% with bolls opening as of Sunday, with...
The wheat market ended the Monday session on a mixed note. CBT soft red wheat futures were the strongest of the three markets, up 1 to 2 cents. KC HRW futures were fractionally lower to close out the session. MPLS spring wheat posted steady to 1 ¼ cent higher trade...
Soybeans closed out the Monday session with contracts down 3 to 4 cents across the front months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $9.66. Soymeal futures were down $2.30 to $2.70, with Soy Oil futures posting 12 point front month gains. Weekly NASS...
Live cattle futures posted gains of $4.35 to $4.625 on Monday, to take back much of last week’s losses. Cash activity narrowed in at $240 last week across the country down $2 from the week prior. Much of this week’s early action has been compiling showlists. Feeder cattle futures were...
Lean hog futures closed the Monday session with 7 to 40 cent gains across most contracts. USDA’s national base hog report from Monday afternoon was $1.693 higher to $105.87. The CME Lean Hog Index was up 10 cents on September 11 at $106.14. USDA’s FOB plant pork cutout report from...
Corn silage harvest is wrapping up in some parts of Iowa. Mark Peterson farms near Stanton in the southwest corner of the state. “Anecdotally I heard a guy that had, he was going to bag four more silage jobs and they all disappeared overnight because the crop has dried so...
The Nebraska Department of Agriculture and the USDA Animal Plant Health Inspection Service have confirmed the state’s first case of highly pathogenic avian influenza in a dairy herd. NDA says the herd is located in central Nebraska and has been quarantined. The National Veterinary Services Laboratories confirmed that the strain...
A farmer near Janesville in south-central Wisconsin is optimistic going into harvest. Doug Rebout tells Brownfield corn and soybeans in the area look good. “They’re drying down (and) we’re figuring here another week, week and-a-half like the last week of September we will probably be starting our harvest here. Most...
Extended periods of high temperatures and a lack of rainfall are impacting crop and field conditions around the state. Tony Hancock with the Missouri Department of Agriculture tells Brownfield it doesn’t take long to see a change. “The last two weeks have definitely brought drought for sure down in southern...
At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher, supported by tight market-ready numbers and in anticipation of this week’s direct business. October live cattle closed $4.62 higher at $234.60 and December live cattle closed $4.35 higher at $236.27. October feeder cattle closed $8.70 higher at $354.50...
A farmer in west-central Minnesota says this summer has been too wet. Jamie Beyer and her husband grow soybeans, corn, alfalfa, and sugarbeets near Wheaton. “We are on day 54 of measurable rain, so it’s been very unusual. We’ve gotten 24 inches of precipitation (so) conditions are mucky already heading...