Soybeans, corn, wheat rise on demand, weather issues

Soybeans were higher on fund and technical buying, adding a little bit to the week’s gains. Argentina’s crop is being impacted by hot, dry weather, which has pulled condition ratings lower. The Buenos Aires Grain Exchange says 53% of Argentina’s crop is in good to excellent shape, a decline of 8% on the week. Brazil’s…Continue Reading

Cattle futures higher to finish the week

Cattle futures higher to finish the week

At the Chicago Mercantile Exchange, live and feeder cattle closed higher watching direct business develop and waiting for the USDA’s On Feed numbers. February live cattle closed $2.52 higher at $234.90 and April live cattle closed $2.10 higher at $236.92.  March feeder cattle closed $.90 higher at $360.17 and April feeder cattle closed $.80 higher…Continue Reading

USDA reports solid December beef, pork demand

Beef and pork demand continues to be solid. The USDA says red meat in cold storage at the start of 2026 was down 3% from the start of 2025 at 845.343 million pounds, with beef declining 4% 437.458 million pounds and pork 2% lower at 390.555 million pounds, despite higher production during December. Consumer demand…Continue Reading

Closing Grain and Livestock Futures: January 23, 2026

Mar. corn $4.30 and 1/2, up 6 and 1/2 centsMar. soybeans $10.67 and 3/4, up 3 and 3/4 centsMar. soybean meal $299.90, up $3.70Mar. soybean oil 53.99, up 21 pointsMar. Chicago wheat $5.29 and 1/2, up 14 centsFeb. live cattle $234.90, up $2.52Mar. feeder cattle $360.17, up 90 centsFeb. lean hogs $88.35, down 12 centsFeb.…Continue Reading

Ag economist: U.S. soybean prices likely to stay under pressure in 2026

An ag economist at Ohio State University says soybean prices could continue to be impacted this year by Brazil. Ian Sheldon says the lost market share is problematic. “Even with the reduction in tariffs at 13 percent from China, that’s making U.S. soybeans less competitive than Brazil,” he says. “They’re going to have higher prices of…Continue Reading

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