Trading opened today’s session mostly in the green, except for feeder cattle, but late in the session corn and the soybean complex turned lower. Notables for the week included new contract lows for:
November soybeans December soymeal September SRW September HRW September HRS
Weather will continue to drive this market and an active front brings bearish showers across the Midwest next week and delivers some relief to the parched southeast. However, the high heat in the west drifts eastward later in the week. The Climate Prediction Center issued its three-month drought outlook for the U.S. As noted by Dave Juday in yesterday’s Livestock Roundup, the drought in the southeastern U.S. has adversely impacted th...
What You Need to Know Today: Attention is turning toward Friday's USDA WASDE report, with traders looking for updated corn and soybean production estimates and revisions to domestic and global supply-and-demand balances. The report could help establish a clearer direction for grain price...
Key Takeaways: U.S. beef production is forecast to fall 10.5 percent in 2026 and remain unchanged in 2027, despite a mild recovery in fed cattle slaughter. Record beef imports will help offset shrinking domestic production, with imports forecast to increase 14.0 percent in 2026 and anoth...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e. lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the ma...
