Money managers increased bearish bets against corn futures.
The question is whether a lower low will set in before harvest is over.
Today’s increased trade volume produced little price movement.
As a producer, maximize your efforts with the mission of extracting value from this year's crop.
The trade eyes big harvest yield reports and Quarterly Grain Stocks Report.
Cattle are being processed at a faster clip than average.
After 13 years, China has finally lifted its ban on accepting U.S. beef exports. The country will accept U.S. beef that comes from animals under 30 months of age.
With kill numbers decreasing and cash cattle prices on the rise, Allendale is bullish on the cattle market.
Producers of beef and pork have generally been discouraged about recent low prices as cash prices have dropped sharply this year. Spring finished cattle price highs were near $138 per live hundredweight but last week had fallen to $115, a $23 plunge.
Packing plant problems on Thursday and Friday curtailed this week’s hog slaughter numbers.