Cattle futures mostly higher ahead of direct trade

Chicago Mercantile Exchange live cattle futures were steady to modestly higher ahead of the week’s direct business, while feeders were up on the lower move in corn. December live was unchanged at $183.70 and February was up $.07 at $185.37. January feeders were $.82 higher at $242.25 and March was up $.67 at $240.05. Direct…… Continue Reading

Be careful if cutting back on 2025 crop inputs

An agronomist says with commodity prices so low, farmers are looking for more ways to lower crop production costs in 2025. Scott Rowntree with Pioneer in Wisconsin says corn acreage in his state stays consistent because of the dairy industry’s need for corn silage, but growers focused on grain are looking for ways to be…… Continue Reading

Closing Grain and Livestock Futures: November 11, 2024

Dec. corn closed at $4.30, down 1 centJan. soybeans closed at $10.22 and 1/4, down 8 centsDec. soybean meal closed at $295.10, down $1.10Dec. soybean oil closed at 48.14, down 63 pointsDec. wheat closed at $5.65 and 1/2, down 7 centsDec. live cattle closed at $183.70, unchangedJan. feeder cattle closed at $242.25, up 82 centsDec.…… Continue Reading

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