Reproduction
Mastitis
Forage
Calf & Heifer
Minerals
Corn and soybean close higher on Thursday
- HSUS ads deceive 90% of donors
- Texas dairyman puts animal health first
- Wheat posts biggest gain in 6 weeks on Wednesday
- CME to pare back plan for expanded grain trading
- Milk Mustache campaign gets Spanish makeover
- D.C. Watch: Work continues on farm bill
- Cattle futures climb at midday on improved demand
- Vilsack highlights importance of ag education and research
- Milk production continues robust expansion while prices soften
- Block cheese unchanged at $1.50 on CME
- Death of 3-year-old serves as reminder for better farm safety
- $1 to watch a video of farm animal abuse
- Calif. TV station investigates 'what’s in your milk'
- Co-ops start reacting to milk surplus
- Top 100 ag banks of 2011 posted
- Say 'yes' to Domino’s Pizza by paying it forward
- The latest on heat-treating colostrum
- Abused lawyers in parody of HSUS ad
- Don’t overlook zoonotic diseases
- Take her higher
- What you need to know about the latest case of BSE
- Mother warns against feeding raw milk to children
- Poll: Do you agree that dairy farming is the second worst job in America?
- Commentary: Obama’s going to tackle immigration? Yeah, right
- Domino’s Pizza says “no” to HSUS
- Commentary: Stand up for Dairy Security Act
- Stand up for Dairy Security Act
- Raw milk problems give dairy farmers a 'bad name,' says one
- Dairy group endorses Wisconsin governor in recall election
- New study blames dairy farms for much of LA’s smog
Corn futures traded higher on Thursday. Fund buying was triggered by strong export demand and tight cash market corn supplies. Weekly export sales reported this morning of 38.3 million bushels were at the high end of trade expectations. The market was unable to push above the three-week highs wet on Wednesday. March closed 1 cent higher at $6.43 and May was 1 1/4 cents higher at $6.49 1/2.
Soybean futures closed higher on Thursday, marking the third consecutive session of gains. The market was supported by tight cash market supplies of soybeans and recent reports of export demand this week. However, weekly export sales reported this morning at 13.5 million bushels were at the low end of trade expectations. Gains were limited by improved weather conditions in Argentina and Brazil this week. March ended 1 3/4 cents higher at $12.17 and May was 1 1/4 cents higher at $12.25 1/2.
Wheat futures traded lower on Thursday. Futures were pressured by profit-taking after the CBOT rallied to 4 1/2 month highs on Wednesday. Weekly export sales reported this morning of 20.4 million bushels fell in the middle of pre-report trade expectations. The recent rally has been driven in part due to concern about cold weather and winterkill in parts of Europe and the former Soviet Union. However, forecasts are calling for moderating temperatures in those regions. CBOT March closed 11 1/2 cents lower at $6.62 3/4, KCBT March is 4 3/4 cents lower at $7.17 3/4 and MGE March is 3/4 of a cent lower at $8.36.
Cattle futures closed lower on Thursday. Ideas that market ready supplies will be adequate for the near-term and easing concern about a winter storm over major feedlot regions weighed on futures. Cash market trade has not developed yet this week. Packers have slowed slaughter schedules due to poor margins, so the lighter demand for cattle could weigh on cash trade this week. February ended 55 cents lower at $125.15 and April was 33 cents lower at $128.90.
Lean hog futures traded mostly lower on Thursday. The market was pressured by profit-taking from recent gains. But losses were limited the firm tone in the cash market and on recent gains in pork cutout values. Packers appear to be holding slaughter near current levels with reports of some packers beginning to fill Easter holiday ham orders. February ended 5 cents lower at $87.58 and April was 60 cents lower at $89.75.
Comments (0)
Leave a comment