Soybeans were higher on fund and technical buying. Most forecasts have a dry pattern in portions of Argentina, which could cause some damage and yield loss. Harvest delays due to rain are an issue in parts of northern and central Brazil. Still, analysts are generally projecting a very large if not record crop for Brazil,…… Continue Reading
U.S. commercial red meat production during December 2024 was 4.545 billion pounds. The USDA says that was slightly less than during December 2023, with the cattle and hog slaughters both posting year-to-year declines, canceling out the steady to higher average live weights. Beef production of 2.201 billion pounds, was fractionally larger than the year before,…… Continue Reading