Hogs closed sharply lower

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USDA Mandatory reports cattle trading has been limited Wednesday afternoon in Kansas on light to moderate demand. Early sales traded 7.00 to 8.00 lower than the bulk of last week at 156.00 to 157.00. DTN reported a few cattle sold on a dressed basis in Iowa at 250.00. Trading remained inactive in all other regions…. Read more »

Closing Grain and Livestock Futures: December 17, 2014

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Mar. corn closed at $4.08 and 1/4, up 2 and 1/4 cents Jan. soybeans closed at $10.27, up 3 and 1/2 cents Jan. soybean meal closed at $359.30, up $2.70 Jan. soybean oil closed at 31.77, unchanged Mar. wheat closed at $6.48 and 1/2, up 25 and 1/4 cents Dec. live cattle closed at $156.42, down $2.55 Feb. lean hogs closed at $80.47, down $1.20 Jan. crude oil closed… Read more »

Midday cash livestock markets

Futures Markets copy

Cattle country is quiet so far today with just a few scattered bids reported in Kansas at 158.00. There are reports of asking prices around 160.00 to 164.00 in the South and 254.00 plus in the North. Significant trade volume could be delayed until Thursday or later. Cattle futures have been trading limit down in… Read more »

Pork value down sharply

Cattle country was quiet on Tuesday afternoon, a few asking prices were noted around 165.00 to 166.00 in the South and 260.00 in the North. It is expected feedlot operators will lower their prices due to the significant fall in cattle futures. Bids of 252.00 on a dressed basis in Nebraska were reported to DTN… Read more »

Closing Grain and Livestock Futures: December 16, 2014

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Mar. corn closed at $4.06, down 2 and 1/2 cents Jan. soybeans closed at $10.23 and 1/2, down 16 cents Jan. soybean meal closed at $356.60, down $8.80 Jan. soybean oil closed at 31.77, down 50 points Mar. wheat closed at $6.23 and 1/4, up 4 and 1/4 cents Dec. live cattle closed at $158.97, down $3.00 Feb. lean hogs closed at $81.67, down $1.60 Jan. crude oil closed at $55.93, up 2… Read more »

Midday cash livestock prices

Futures Markets copy

Cattle country is quiet on Tuesday with bids and asking prices still not well defined. A few showlists have been priced around 166.00 in the South and 260.00 in the North. The new showlists distributed on Monday look generally smaller than the previous week, especially in Texas. DTN reports, the complete lack of commercial buying… Read more »

Limit losses in feeder futures

Feedlot country is typically quiet on Monday afternoon following the distribution of the new showlists. The ready numbers appear to be generally smaller than last week, especially in Texas. A few showlists have been priced around 166.00 in the South and 260.00 plus in the North. The cattle kill was estimated by USDA at 122,000… Read more »

Closing Grain and Livestock Futures: December 15, 2014

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Mar. corn closed at $4.08 and 1/2, up 1 cent Jan. soybeans closed at $10.39 and 1/2, down 7 and 3/4 cents Jan. soybean meal closed at $365.40, down $7.60 Jan. soybean oil closed at 32.27, down 9 points Mar. wheat closed at $6.19, up 12 and 1/2 cents Dec. live cattle closed at $161.97, down 7 cents Feb. lean hogs closed at $83.27, up 2 cents Jan. crude oil closed at… Read more »

Feedlot cattle trade sharply lower

Futures Markets copy

USDA Mandatory reported cattle trading was very limited in Kansas with live sales selling 4.00 lower than last week at 164.00. Trading and demand was light in Nebraska. Compared to the previous week, live sales were 4.00 to 6.00 lower from 160.00 to 164.00, with dressed sales 7.00 to 8.00 lower from 256.00 to 257.00…. Read more »

UAV usage for ag takes a step forward

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Trimble Navigation was one of four companies receiving an exemption from the Federal Aviation Administration (FAA) this week, allowing limited commercial operation of an Unmanned Aircraft System (UAS). Trimble says the exemption moves the company one step closer to being able to provide high-speed aerial imaging to agriculture. At the recent Nebraska Power Farming Show… Read more »