At the Chicago Mercantile Exchange, live and feeder cattle were lower, watching direct business unfold. October live cattle closed $.72 lower at $177.90 and December live cattle clsoed $1.07 lower at $176.70. September feeder cattle closed $1.80 lower at $239.50 and October feeder cattle closed $1.90 lower at $236.67. A light to moderate direct cash…… Continue Reading
Soybeans were higher on commercial and technical buying. Recent hot, dry weather in some areas has likely had an impact on yield potential. The USDA and a recent major private crop tour are both projecting record U.S. yields this year, but at a state level, there’s expected to be some variance with the next USDA…… Continue Reading