Cattle futures have come to life yet again.
A recent price recovery in both live cattle and lean hog futures contracts is offering an opportunity for producers to lock in better prices than existed just a few weeks ago.
Today's Cattle on Feed report is a bearish surprise. USDA’s monthly survey of feedlots found 2.6% more placements in August against the trade expectation of a 2.1% decline.
Pre-Tier 4 semitruck prices have subsided in comparison with 2012 models.
“Being able to understand the general layout and knowing what it is that you need the shop for is critical, because that is what’s going to make your dream come true.”
Ray Bohacz, the Successful Farming Engine Man, explains how to identify problems with the ignition coil in a gasoline engine.
Milk prices have had an interesting last four months, but now is the time to take protection.
USDA’s monthly survey of feedlots found that December placements, new calves, and feeders entering feedlots to start their 3- to 7-month feeding visit ran 17.6% over last year.
Analyst Bryan Doherty encourages hog producers to treat summer futures months defensively and to have a strategy ready when the market moves quickly.
The latest Hogs and Pigs report released on December 23 indicated that pork supplies in 2017 will be larger than prereport expectations.
For most of this rally, the trade is pointing out that packers are showing a willingness to pay up for next week’s kill.
This fall, prices for wheat, corn, and lean hogs fell to 10-year lows. Unfortunately, costs of production are not at 10-year lows.