Markets

Crop markets remained weak Monday morning

Weather news continues depressing crop futures. The corn market remains under pressure early this week after the latest forecasts indicate current heat will be followed by cooler and milder conditions through late July. FULL STORY »

Market recap: Futures start strong but end lower

Friday’s Class III market rose higher after receiving more support from the spot cheese market, but it fell off the highs to settle slightly lower in the front months. FULL STORY »

Mapping the Size of Dairy Safety Net Programs: MILC vs MPP

A review of MILC participation over the 2009 to 2013 fiscal years revealed that over 47 thousand dairy operations participated in and received a payment from the MILC program. FULL STORY »

All hay harvested area projected down in 2014

The June Acreage report indicates producers’ intentions to harvest slightly less hay in 2014 relative to the previous year as well as slightly less hay than reported in the March Prospective Plantings report. FULL STORY »

U.S. feed grain production edges lower

U.S. feed grain production for 2014/15 is marginally lower this month and reflects reductions in production for corn and barley, which are only partially offset by smaller gains in sorghum and oats production. Total U.S. feed grain production is projected at 367.7 million tons, down 758,000 tons from a month ago and down 1.6 million tons from the 2013/14 estimate. FULL STORY »

Exports: Corn exports climb 58%

According to the USDA’s latest Weekly Export Sales report, corn net sales of 573,700 metric tons (MT) for 2013-2014 were up 58 percent from the previous week and up noticeably from the four-week average. FULL STORY »

Ag markets turned mixed Tuesday afternoon

Favorable weather conditions continued weighing on corn futures Tuesday. The weekly Crop Progress report stated current U.S. corn conditions at 76% good-to-excellent, which is the highest for mid-July since 1999. FULL STORY »

Ag markets are mostly lower at midsession Tuesday

Favorable weather conditions continue weighing on corn futures. The weekly Crop Progress report stated current U.S. corn conditions at 76% good-to-excellent, which is the highest for mid-July since 1999. FULL STORY »

Crop Progress report was mostly bearish for the crop markets

The Crop Progress report depressed corn futures Monday night. The condition rating for the U.S. crop rose 1% to 76% good-to-excellent, which is the highest for mid-July since 1999. FULL STORY »

Most ag markets bounced from recent lows

Corn prices bounced from recent lows Monday. Last Friday’s WASDE report boosted ending U.S. corn stocks for both 2013/14 and 2014/15, which sent CBOT futures to four-year lows. FULL STORY »

Ag markets rebounding from Monday morning lows

Corn prices remain weak in the wake of recent losses. Despite having fallen for nine straight sessions, the July 11 WASDE’s increase in ending stocks for both 2013/14 and 2014/15 is depressing prices again Monday morning. FULL STORY »

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