Crop Market Update: June 29, 2015

The wet weather across the Corn Belt has been hampering the crop’s condition and many are expecting a 750,000 acre reduction as a result of the excessive rainfall. As a result, corn is up sharply on the week with Greenville … Continue reading

Cattle Market Notes: Week Ending June 26, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $148.68 for live sales, and $238.01 for dressed; respectively, down $2.61 and $2.19. Total volume sold was 6,000 head higher than … Continue reading

Crop Market Update: June 23, 2015

Corn is down on the week with Greenville cash corn selling seven cents lower than a week ago at $3.73/bu on Thursday. Nearby July futures contracts higher on the week, finishing up five cents on the week. The USDA Crop … Continue reading

Cattle Market Notes: Week Ending June 19, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $151.29 for live sales, and $240.20 for dressed; respectively, down $3.57 and $4.99. Total volume sold was 7,000 head higher than … Continue reading

June Cattle on Feed Report Recap

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (June 19). The report revealed that 10.561 million head of cattle were in U.S. feedlots with a capacity of 1,000 head … Continue reading

Crop Market Update: Week Ending June 12, 2015

Corn is slightly lower than a week ago with Greenville cash corn selling four cents lower than a week ago at $3.80/bu on Wednesday. Nearby July futures contracts are also down 8 cents on the week. The USDA Crop Progress … Continue reading

Cattle Market Notes: Week Ending June 12, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $154.86 for live sales, and $245.19 for dressed; respectively, down $2.42 and $2.68. Total volume sold was down slightly from a … Continue reading

Few Surprises in June Supply and Demand Estimates

The corn balance sheet for the 2015/16 crop currently growing in the field remains unchanged from last month. Ending stocks for the 2015/16 crop were revised up by 25 million bushels as a result of higher carry over from the … Continue reading