June USDA reports show more corn, soybean acres and higher stocks than previously expected

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released its June 30 Acreage Report and the Quarterly Grain Stocks Report Thursday morning (June 30, 2016). Corn acres planted in the U.S. were revised up by more than … Continue reading

Crop Market Update: June 27, 2016

Corn is down sharply this week with Greenville cash corn currently trading $0.53 lower than a week ago and $0.15 lower than a year ago at $3.93/bu on Friday. July futures contracts are $0.53 lower on the week at $3.85/bu. … Continue reading

Cattle Market Notes: Week Ending June 24, 2016

Cash Cattle: Cash traded fed cattle were lower this week. The five-area fed steer price for the week of June 16-June 23 averaged $116.09 for live sales, and $187.82 for dressed; respectively, down $4.94 and $7.21. Total volume sold was … 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 24, 2016). The report revealed that 10.799 million head of cattle were in U.S. feedlots with a capacity of 1,000 … Continue reading

Crop Market Update: June 21, 2016

Corn is higher this week with Greenville cash corn currently trading $0.15 higher than a week ago and $0.73 higher than a year ago at $4.46/bu on Friday. July futures contracts are $0.15 higher on the week at $4.38/bu. Mississippi … Continue reading

Cattle Market Notes: Week Ending June 17, 2016

Cash Cattle: Cash traded fed cattle were lower this week. The five-area fed steer price for the week of June 9-June 16 averaged $121.03 for live sales, and $195.03 for dressed; respectively, down $5.78 and $7.84. Total volume sold was … Continue reading

Crop Market Update: June 13, 2016

Corn is mixed this week with Greenville cash corn currently trading $0.02 lower than a week ago and $0.51 higher than a year ago at $4.31/bu on Friday. July futures contracts are $0.05 higher on the week at $4.23/bu. Mississippi … Continue reading

Cattle Market Notes: Week Ending June 10, 2016

Cash Cattle: Cash traded fed cattle were mixed this week. The five-area fed steer price for the week of June 2-June 9 averaged $126.81 for live sales, and $202.87 for dressed; respectively, up $3.99 and up $1.55. Total volume sold … Continue reading

Crop Market Update: June 6, 2016

Corn is higher this week with Greenville cash corn currently trading $0.12 higher than a week ago and $0.49 higher than a year ago at $4.33/bu on Friday. July futures contracts are $0.05 higher on the week at $4.18/bu. Mississippi … Continue reading

Cattle Market Notes: Week Ending June 3, 2016

Cash Cattle: Cash traded fed cattle were mixed this week. The five-area fed steer price for the week of May 26-June 2 averaged $122.82 for live sales, and $201.32 for dressed; respectively, down $1.99 and up $4.56. Total volume sold … Continue reading