Cattle Market Notes: Week Ending April 29, 2016

Cash Cattle: Cash traded fed cattle down this week. The five-area fed steer price for the week of April 21-28 averaged $123.87 for live sales, and $194.50 for dressed; respectively, down $1.71 and $10.96. Total volume sold was up 3,000 … Continue reading

Crop Market Update: April 26, 2016

Corn is lower this week with Greenville cash corn currently trading $0.07 lower than a week ago and $0.09 lower than a year ago at $3.83/bu on Friday. May futures contracts are also $0.07 lower on the week at $3.72/bu. … Continue reading

Cattle Market Notes: Week Ending April 22, 2016

Cash Cattle: Cash traded fed cattle down this week. The five-area fed steer price for the week of April 14-21 averaged $125.58 for live sales, and $205.46 for dressed; respectively, down $8.39 and $8.87. Total volume sold was up 39,000 … Continue reading

April 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 (April 22, 2016). The report revealed that 10.853 million head of cattle were in U.S. feedlots with a capacity of 1,000 … Continue reading

Regional Differences in Crop Insurance Base Rates

Base county rates reflect the starting point for crop insurance rates for an insured crop in a particular county.  A particular insured unit’s rate will be derived by adjusting the base county rate to reflect yield versus revenue coverage, coverage level, … Continue reading

Crop Market Update: April 19, 2016

Corn is higher this week as planting gets underway across much of the U.S. Greenville cash corn is currently trading $0.17 higher than a week ago and $0.05 lower than a year ago at $3.91/bu on Friday. May futures contracts … Continue reading

Cattle Market Notes: Week Ending April 15, 2016

Cash Cattle: Cash traded fed cattle were steady this week. The five-area fed steer price for the week of April 7-14 averaged $133.97 for live sales, and $214.33 for dressed; respectively, up $0.15 and down $0.14. Total volume sold was … Continue reading

Several Small Changes in April WASDE Report

The corn balance sheet for the 2015/16 crop saw a few changes in disappearance from the March release. Feed use was reduced by 50 million bushels while ethanol use was increased by 25 million bushels. Ending stocks for the 2015/16 … Continue reading

Cattle Market Notes: Week Ending April 8, 2016

Cash Cattle: Cash traded fed cattle were mixed this week. The five-area fed steer price for the week of March 31-April 7 averaged $133.82 for live sales, and $214.47 for dressed; respectively, up $0.70 and down $0.37. Total volume sold … Continue reading

Cattle Market Notes: Week Ending April 1, 2016

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price for the week of March 24-31 averaged $133.12 for live sales, and $214.84 for dressed; respectively, down $2.89 and $2.86. Total volume sold was down … Continue reading