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How high can cattle go? Is the top in for lean hogs?

Grain markets continue to surge!

A long weekend brought unexpected headlines and volatility to the grain and livestock markets as we start a new month of trading.

Will today’s flash-sales help offset yesterday’s bearish USDA report?

Once operational in late 2024, American Foods Group’s new beef facility in Warren County, Missouri, will process 2,400 head of cattle per day.

Grain shipments on some railroads could stop as early as Wednesday, two days ahead of a possible rail strike. A rail stoppage is growing more likely as the country’s main rail unions remain at odds with rail companies.

Widespread railroad disruptions could choke supplies of food and fuel, spawn transportation chaos, stoke inflation and cause $2 billion per day in lost economic output.

Corn and soybean production will both be down from 2021, according to USDA’s September Crop Production report. That news sent prices higher for both markets.

Be it technology or agronomic practices, it tends to evolve over time into tangible results that slowly tug yields higher. Here are ways your corn fields will likely be pulled in upcoming years.