As is often the case, the days leading up to the March 31 USDA Prospective Plantings Report were ones of speculation and waiting for the grain market.
The USDA’s latest Cold Storage report contained few surprises and further bolstered nearby beef prices.
Cattle prices continue to strengthen across the board.
The March 31 USDA Grain Stocks and Prospective Plantings reports could bring a shift in corn and soybean markets.
Trends in the cattle feeding industry became more clear in the most recent USDA Cattle on Feed report.
There is some downward pressure on the corn and soybean markets these days.
Sharply lower pork belly stocks continue to prompt headlines in the mainstream media.
SAN ANTONIO, Texas — To market grain profitably in 2017, farmers need to understand production costs and their breakevens, according to panelists at The Great Grain Marketing Debate at Commodity Classic March 2-4.
The USDA Cattle on Feed report released Feb. 24 said what most expected: There are a lot of cattle out there, and feeders are sending them to the plant as fast as they can.
A shift of around 4 million acres from corn to soybeans could be ahead for U.S. farmers in 2017, based on the USDA’s early projections.