Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
The beef industry has been greatly disappointed by spring 2016 beef demand, particularly during late April and early May. Choice beef values fell from $225.13 on April 15 to $203.74 on May 6. That seems extraordinarily w
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
I recently wrote about the tendency for cattle weights, as indicated by steer carcass size, to serve as a sign of the market-ready supply situation and possibly the forthcoming price outlook. This clearly begs the questi
For a long time, when I told people that I was a futures market analyst, I was routinely asked, “What’s a pork belly?” Of course, I explained that a pork belly is a side of bacon; it’s been trimme
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
Harvest swelled across Kansas this weekend as the hot, dry weather made for perfect cutting weather. Farmers tried to get as much done as they could over the weekend due to chances of storms brewing on Monday and Tuesday
USDA’s Supply & Demand Report is out and the bulls are waging war on the markets. Buying is at a fever pitch, we all know that beans and corns are going to the moon. We know this time is different and nothing cou
The good news regarding meat demand from the latest Food Demand Survey by Oklahoma State University is that consumers expect higher prices for all meat products and plan to eat out more compared to last month. However, t
Looking back over the past few months is a must for all farmers and producers. The agricultural markets have been one big soap opera, bring every possible emotion to not only farmers and producers, but speculators as wel
USDA’s Cattle on Feed Report came in about as expected. The June 1 feedlot inventory at 10.799 million head was right in line with expectations, as were May marketings. May placements were slightly higher than the av
USDA’s June 24 Quarterly Hogs & Pigs Report was viewed as bearish by the market, due largely to a comparatively large spring farrowings total. The industry expected most population numbers on the report to rise a
USDA’s June 24 Hogs & Pigs Report pegged the June 1 U.S. hog population at 68.381 million head, a record for this time of year. The indicated 1.8% annual increase reflected the surprisingly large (2.55%) increase
There will be a new sheriff in town or a new president starting in 2017. The major candidates Hillary (the crook) Clinton and Donald (I can’t keep my foot out of my mouth) Trump are fighting feverishly over your vote
Last Friday the monthly jobs number was released. The economy added 255,000 new jobs -- a very solid number. More importantly was how the markets reacted to that number. Equity markets zoomed higher and never sold off,
Poor yields and currency swings may hold Brazil’s expansion in soybean acreage to its slowest rate in more than a decade, reports Pro Farmer South American Crop Consultant Dr. Michael Cordonnier. He says the financia
Approvals can now begin on what are termed “negative claims” on labels for meat, poultry and egg products that do not contain bioengineered ingredients or that are derived from livestock that do not consume bio
Following are final Pro Farmer Midwest Crop Tour results from South Dakota:
Following are final Pro Farmer Midwest Crop Tour results from Ohio: