Cattle futures sharply lower ahead of direct business

Cattle futures sharply lower ahead of direct business

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower ahead of direct cattle business and Friday’s On Feed report from the USDA.  August live cattle closed $4.90 lower at $210.65 and October live cattle closed $4.35 lower at $208.55.  August feeder cattle closed $6.87 lower at $303.35 and September feeder cattle closed…… Continue Reading

Closing Grain and Livestock Futures: June 17, 2025

Jul. corn closed at $4.31 and 1/2, down 3 and 1/4 centsJul. soybeans closed at $10.74, up 4 and 1/4 centsJul. soybean meal closed at $285.10, up $1.40Jul. soybean oil closed at 54.79, down 32 pointsJul. wheat closed at $5.49, up 12 and 1/2 centsAug. live cattle closed at $210.65, down $4.90Aug. feeder cattle closed…… Continue Reading

Illinois Fall Covers for Spring Savings program funding maintained

The executive director of the Association of Illinois Soil & Water Conservation Districts says farmers received some good news in the state’s latest budget. Eliot Clay says funding for the Fall Cover for Spring Savings cover crop program was spared. “The governor’s introduced budget included a $300,000 reduction in that fund, but luckily there was…… Continue Reading

Soybeans up on lower USDA crop rating

Soybeans were higher on short covering and technical buying. The USDA’s national condition rating dipped over the past week, with planting and emergence both close to average. Near-term development weather forecasts generally look favorable, including hot temperatures in large parts of the region, but that’s expected to coincide with rain in many areas. The USDA’s…… Continue Reading

Playlist

Powered By SoCast