Safe harvest

Commentary Harvest is underway in my neck of the woods. Before long combines, grain carts and trucks will be rolling dusk to dawn and beyond. Everyone says there’s a big crop out there, commodity prices are down, and farmers are itching to get their crops out of the field and in the bin – or…… Continue Reading

Analyst expects yield changes in Sept. USDA report

Updated yield forecasts for new crop corn and soybeans are expected in the September USDA report and the chief commodities economist with StoneX Group says “big crops are definitely looking to be the story this year.” Pre-report yield estimates for corn are between 182 and 183 bushels/acre and soybeans around 53 bushels/acre, close to USDA’s…… Continue Reading

Cattle futures up at midweek

At the Chicago Mercantile Exchange, live and feeder cattle were up, waiting on the week’s direct business.  October live cattle closed $.62 higher at $176.95, and December live cattle closed $.80 higher at $177.22.  October feeder cattle closed $2.10 higher at $237.50 and November feeder cattle closed $1.75 higher at $234.02.  There was a very…… Continue Reading

Closing Grain and Livestock Futures: September 11, 2024

Dec. corn closed at $4.04 and 3/4, up 1/2 centNov. soybeans closed at $10.00 and 1/2, up 3 and 1/4 centsOct. soybean meal closed at $316.00, up $2.70Oct. soybean oil closed at 39.78, down 51 pointsDec. wheat closed at $5.79 and 1/4, up 5 centsOct. live cattle closed at $176.95, up 62 centsOct. feeder cattle…… Continue Reading

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