Last week’s Livestock Roundup noted that heifers on feed were up 1 percent from last October, an indicator that the liquidation cycle is not over. Also, beef cow slaughter is a metric to watch in Q4 since that is when culling is always at a seasonal high as producers decide whether to keep cows over the winter. Today we take a look at the dairy sector. This summer, dairy margins were tight as feed costs remained elevated and milk prices continued their fall. However, the new grain crop has feed prices starting to ease, boosting margins.
Additionally, hot weather was a factor through August in the West, impacting yields in that region but yields in the rest of the major production states registered year-over...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
