The first full month of spring was stormy, warm and snowy according to NOAA's April 2024 climate assessment. That means through April, this year is the fifth-hottest out of the nation's 130-year climate history, and the country has endured seven billion-dollar disasters so far.The biggest severe weather outbreak so far...
SA_LS85021 San Angelo, TX Wed May 08, 2024 USDA Market News National Sheep Summary for Wednesday, May 08, 2024 Compared to last week at Sioux Falls, SD slaughter lambs under 70 lbs 7.00 higher, heavier lambs 2.00-10.00 lower; slaughter ewes uneven. Slaughter Lambs: Choice...
Lean hogs bounced back and forth on Wednesday, with contracts slipping off the midday pop, but still closing mixed. Contracts were anywhere from a dime lower to 50 cents higher. USDA’s National Average Base Hog negotiated price was back down $1.46 in the Wednesday afternoon report at $91.79. The CME...
Live cattle closed the Wednesday session with contracts down 95 cents to $1.57 across the CME. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on the 1,890 head listed. Bids were running $184, with $185-186 asks. Feeders fell weaker on...
Futures are pulled back on Wednesday after a couple weeks of rallying and a USDA report on the horizon. Corn prices ended the midweek session with losses of 3 ½ to 8 ½ cents across most months. Weekly EIA data showed ethanol production at 965,000 barrels per day for the...
Soybean bulls took a breath on Wednesday, as contracts were down 9 ¼ to 19 ½ cents across the board at the close. Soymeal also pulled back with contracts down $1.80 to $5.50/ton on the day. Soy Oil posted losses of 49 to 71 points to revert back to some...
The cotton market shot higher on Wednesday, with futures closing 106 to 256 points higher as May rolled off the board. Cotton limits are reverting to 4 cents due to July creeping back in that 80 cent level. The US dollar index was up 105 points, a negative input, while...