Markets

Crop markets outperformed livestock futures Thursday morning

Corn barely sustained early Thursday gains. Talk of strong demand, particularly from the export sector, has supported corn futures lately. FULL STORY »

USDA: Corn net sales dip slightly

The USDA reports in its weekly “U.S. Export Sales” report corn net sales have dipped by 137,750 metric tons (MT) to 1,700,100 MT for 2013-2014. This is down 8 percent from last week, a 10-week high. FULL STORY »

Dairy markets: Sell pressure on blocks

Nearby Class III futures respected technical support yesterday and bounced on lighter volume, despite the first bout of sell pressure we’ve seen for the block market all year. FULL STORY »

Ag markets exhibited mixed degrees of strength Wednesday

Nearby corn futures settled slightly higher Wednesday. Corn futures dipped in early-Wednesday trading, and were slow to react to good export news announced by the USDA. FULL STORY »

Hog futures led general strength in ag markets Wednesday

Corn futures set back despite fresh export news Wednesday morning. Corn dipped Tuesday night after surging earlier in the day. FULL STORY »

Cattle futures underperformed the other ag markets

A forecast for reduced South American crops boosted corn futures Tuesday. Talk of demand strength and technical factors supported corn futures Tuesday morning. FULL STORY »

Rabobank: U.S. a ‘ground beef’ nation

It might be good news for dairy cull cow prices: The U.S. is a “ground beef” nation, according to a new report from Rabobank. FULL STORY »

CDI expands export product portfolio with AMF

Building on its successful powdered milk and butter export business, California Dairies, Inc. (CDI) has diversified its butterfat export offerings with the addition of anhydrous milkfat (AMF). FULL STORY »

Cattle futures the exception to the bullish rule Tuesday

Talk of demand strength seems to be supporting the crop markets. News that a large South Korean firm had bought 65,000 tonnes of U.S. corn Monday night seemingly reemphasized recent talk of burgeoning global demand at current price levels. FULL STORY »

Grain,soy markets firmed Monday as livestock futures took big hit

Export news proved mixed for corn futures Monday. Last week’s late news was dominated by strong export sales. FULL STORY »

Grain, livestock markets diverged Monday morning

Export news boosted corn futures again Monday morning. Last week’s late news was dominated by strong export sales. FULL STORY »

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