PRO FARMER
Chicken’s popularity has increased greatly due to its use in home cooking, processed foods and restaurants. The beef industry has struggled to rebrand and innovate.
Trade started the week off strong with steady gains across the board as forecasts turn hot and dry next week.
Despite long-standing trends showing an increase in meat consumption as countries’ incomes rise, a shift seems to be occurring.
We share fresh outlook for the corn market broken down into the next 5, 30 and 90 day segments.
The cattle futures markets saw profit-taking pressure today after recent gains.
The lawmakers’ primary concern is the risk this plan may pose to rural America due to insufficient EV charging infrastructure.
September SRW futures rose 32 1/2 cents before settling at $6.74 1/4. September HRW futures led the complex higher, rallying 49 3/4 cents before closing at $8.46 1/4.
With notably smaller soybean acres, weather over the next month will be especially significant.
U.S. consumer sentiment increased 5.2 points (8.8%) in June to a reading of 64.4, according to the University of Michigan’s Surveys of Consumers.
The International Grains Council (IGC) cut its 2023-24 global corn crop forecast, reflecting reduced production potential in the U.S. due to drought conditions.