Crop Market Update: August 29, 2016

Corn was down last week with Greenville cash corn currently trading $0.20 lower than a week ago and $0.33 lower than a year ago at $3.31/bu on Friday. September futures contracts are $0.18 lower on the week at $3.16/bu. Harvest … Continue reading

Cattle Market Notes: Week Ending August 26, 2016

Cash Cattle: Cash traded fed cattle were lower this week. The five-area fed steer price for the week of August 18-August 25 averaged $114.81 for live sales, and $180.38 for dressed; respectively, down $2.73 and $5.68. Total volume sold was … Continue reading

Crop Market Update: August 23, 2016

Corn was higher last week with Greenville cash corn currently trading $0.12 higher than a week ago and $0.09 lower than a year ago at $3.51/bu on Friday. September futures contracts are $0.12 lower on the week at $3.34/bu. Harvest … Continue reading

Cattle Market Notes: Week Ending August 19, 2016

Cash Cattle: Cash traded fed cattle were mixed this week. The five-area fed steer price for the week of August 11-August 18 averaged $117.54 for live sales, and $186.06 for dressed; respectively, up $0.63 and down $0.80. Total volume sold … Continue reading

August 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 (August 19, 2016). The report revealed that 10.165 million head of cattle were in U.S. feedlots with a capacity of 1,000 … Continue reading

Crop Market Update: August 16, 2016

Corn was down last week with Greenville cash corn currently trading $0.02 lower than a week ago and $0.20 lower than a year ago at $3.39/bu on Friday. September futures contracts are $0.02 lower on the week at $3.22/bu. Harvest … Continue reading

Cattle Market Notes: Week Ending August 12, 2016

Cash Cattle: Cash traded fed cattle were lower this week. The five-area fed steer price for the week of August 4-August 11 averaged $116.91 for live sales, and $186.86 for dressed; respectively, down $2.03 and $1.06. Total volume sold was … Continue reading

Latest USDA Supply and Demand Report Expects Bumper Crop in 2016/17

The USDA made several updates for the 2016/17 crop year in the latest World Agricultural Supply and Demand Estimates. The USDA is projecting 94.1 million acres of corn to be planted this year, and of that 86.6 million acres are … Continue reading

Crop Market Update: August 9, 2016

Corn was down last week with Greenville cash corn currently trading $0.19 lower than a week ago and $0.27 lower than a year ago at $3.41/bu on Friday. September futures contracts are $0.10 lower on the week at $3.24/bu. Mississippi … Continue reading

Cattle Market Notes: Week Ending August 5, 2016

Cash Cattle: Cash traded fed cattle were higher this week. The five-area fed steer price for the week of July 28-August 5 averaged $118.94 for live sales, and $187.94 for dressed; respectively, up $0.94 and $3.83. Total volume sold was … Continue reading