Cattle higher ahead of cash trade

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Chicago Mercantile Exchange live and feeder cattle were higher ahead of widespread cash business. DTN reports there was light trade in Nebraska at $125 Live and $195 Dressed. Asking prices are $128 to $129 South and $198+ North, with bids at $125 Live and $192 Dressed. The estimated slaughter of 128,000 head was up 2,000… Read more »

Corn, soybeans down ahead of USDA numbers

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Soybeans were lower on technical selling and position squaring ahead of Friday’s USDA ending stocks and production numbers. Traders expect a slight increase in crop size along with slightly larger ending stocks. The trade’s continuing to watch South American planting weather with a good pattern expected over the near term. Brazil’s CONAB sees production at… Read more »

Thursday midday cash livestock markets

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Direct cash cattle markets remain quiet at midday on Thursday. Bids are $125 on the live basis and $192 for dressed, with asking prices holding around $128 to $129 in the South and $198+ in the North. Boxed beef cutout values at midday were weak to lower with Choice down $.17 at $193.76 and Select… Read more »

Beef export sales up on week

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USDA reports corn, wheat, soybean meal, and soybean oil export sales for the week ending November 1 were within pre-report estimates, while soybeans were below expectations. Wheat came out at 209,400 tons (7.7 million bushels), down 42% from the week ending October 25 and 48% lower than the four week average. South Korea was the… Read more »

What do deer diseases mean to venison eaters?

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With reports of deer diseases, should consumers of deer meat be concerned? There have been outbreaks of hemorrhagic disease (HD) in some deer and concerns over chronic wasting disease (CWD). University of Missouri specialists say humans are NOT at risk of hemorrhagic disease, a virus in deer, and there is no evidence, at this time,… Read more »

The benefits of FarmFirst Cooperative

The boards of directors of three Wisconsin-based dairy cooperatives have voted to merge. Under the proposal, Family Dairies USA, Manitowoc Milk Producers and Milwaukee Cooperative Milk Producers would unite to form FarmFirst Cooperative. The new co-op would have about 5,400 dairy farms producing around 13 billion pounds of milk in Wisconsin, Michigan, Illinois, Iowa, Minnesota,… Read more »