Feeder futures were sharply lower

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There were a few scattered bids in the cattle reported by private sources at 143.00 to 144.00 live and 222.00 dressed, but most of cattle country remains very quiet. Some early asking prices have been suggested around 148.00 to 150.00 in the South and 232.00 plus in the North. Significant trade could once again be… Read more »

Closing Grain and Livestock Futures: September 1, 2015

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Sep. corn closed at $3.56, down 7 and 3/4 cents Sep. soybeans closed at $8.84 and 3/4, down 12 and 3/4 cents Sep. soybean meal closed at $317.90, down $3.00 Sep. soybean oil closed at 27.22, down 70 points Sep. wheat closed at $4.84, up 1 and 1/2 cents Aug. live cattle closed at $141.32, down $1.87 Oct. lean hogs closed at $67.97, down 5 cents Oct. crude oil closed… Read more »

Minnesota conference to focus on societal concerns of animal nutrition

  An upcoming conference in Minnesota will focus on how society views animal nutrition. Dr. Alfredo DiCostanzo co-chairs the annual conference. “This is the 76th edition of the conference, and the focus has always been to provide timely information on issues related to nutrition.” He tells Brownfield the public is concerned about the conditions in… Read more »

Midday cash livestock markets

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It is a typical Tuesday in cattle country, and the guess is significant trade will be delayed until Wednesday or later despite packers short bought status. DTN reports early asking prices are rumored to be around 148.00 to 150.00 in the South and 232.00 plus in the North. Boxed beef cutout values are mixed with… Read more »

Minnesota 4-H Purple Ribbon auction reaches milestone

The finance chair of Minnesota’s annual 4-H Purple Ribbon livestock auction says this year a major milestone was hit. Kent Thiesse tells Brownfield the first auction was in 1980. “During this year’s auction we topped the five million dollar mark in total premiums in the first 35-plus years of the auction, so it was very… Read more »

Silage harvest begins in Minnesota

Corn harvest for silage is underway in Minnesota. According to USDA’s latest Crop Progress Report, silage harvest is five percent done thanks to more than five days suitable for fieldwork last week. With only extreme northern and southern sections of the state receiving significant rainfall, the third cutting of alfalfa advanced to 75 percent complete…. Read more »

National Milk asks EPA to hold-off

National Milk Producers Federation is asking the Environmental Protection Agency to hold-off on implementing the Clean Water Act. In a letter to EPA and the Army Corps of Engineers on Monday, NMPF stated that if the preliminary injunction issued by a North Dakota judge on Thursday applies only to the 13 states involved in that… Read more »

Cattle showlists are smaller

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The country was quiet on Monday afternoon with bids and asking prices not well defined, although a few showlists have been priced around 150.00 in the South and 232.00 plus in the North. The new offering appears to be generally smaller with only Colorado showing a few more ready steers and heifers. The kill totaled… Read more »

Closing Grain and Livestock Futures: August 31, 2015

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Sep. corn closed at $3.63 and 3/4, up 1/2 cent Sep. soybeans closed at $8.97 and 1/2, up 4 and 1/4 cents Sep. soybean meal closed at $320.90, down 50 cents Sep. soybean oil closed at 27.92, up 13 points Sep. wheat closed at $4.82 and 1/2, up 5 and 1/2 cents Aug. live cattle closed at $145.50, down $1.02 Oct. lean hogs closed at $68.02, up $1.60 Oct…. Read more »

RaboBank report looks at ag impact of strong dollar

A new report from RaboBank looks at the appreciating U.S. dollar and its impact on ag exports. Study author Steve Nicholson says the dollar has strengthened significantly in the past year. “People in agriculture have been talking about this, particularly in the U.S. as we’re exporters of grains and oilseeds.  (there is) A lot of… Read more »