Crop Market Update: July 28, 2015

Corn continued to struggle this week with Greenville cash corn selling $0.27 lower than a week ago at $4.03/bu on Friday. September futures contracts are also down on the week, finishing $0.27 lower than last Friday. The USDA Crop Progress … Continue reading

Cattle Market Notes: Week Ending July 24, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $145.40 for live sales, and $232.03 for dressed; respectively, down $0.60 and $2.97. Total volume sold was 1,000 head higher than … Continue reading

July 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 (July 24). The report revealed that 10.236 million head of cattle were in U.S. feedlots with a capacity of 1,000 head … Continue reading

Crop Market Update: July 21, 2015

Corn struggled to continue its upward trend this week with Greenville cash corn selling $0.14 lower than a week ago at $4.30/bu on Friday. September futures contracts are also down on the week, finishing down $0.15 on the week. The … Continue reading

Cattle Market Notes: Week Ending July 17, 2015

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $146.00 for live sales, and $235.00 for dressed; respectively, down $5.43 and $5.27. Total volume sold was 23,000 head lower than … Continue reading

Crop Market Update: July 14, 2015

Friday’s World Agricultural Supply and Demand Estimates indicate that demand for old crop corn remains strong. As a result, corn continued its upward trend this week with Greenville cash corn selling $0.09 higher than a week ago at $4.44/bu on … Continue reading

Cattle Market Notes: Week Ending July 10, 2015

Cash Cattle: Cash traded fed cattle finished the week slightly higher. The five-area fed steer price ended the week at $151.43 for live sales, and $240.27 for dressed; respectively, down $0.17 and $0.39. Total volume sold was 30,000 head higher … Continue reading

Several Changes Made in July Supply and Demand Estimates

The corn balance sheet for the 2015/16 crop currently growing in the field saw a few changes from last month. Harvested area was reduced by 600,000 acres to 81.1 million acres to reflect the June 30 acreage report. Yields were … Continue reading