National Beef Wire | Cargill Animal Nutrition

Planes, tractors, food and handbags all featured on a list of U.S. imports, worth $20 billion in total, that the EU says it could hit with tariffs (@Reuters) Trade

Here We Go Again: How Many Days Does It Take to Plant the U.S. Corn Crop? (farmdoc) University of Illinois

Implications of Recent Trends in U.S. Gasoline Consumption for Ethanol (farmdoc) University of Illinois

Weekly Cattle Slaughter Charts

SW Kansas Premium Dairy Alfalfa Weekly Prices Charts

Choice Boxed Beef Prices Charts

Rising wages point to tighter farm labor market in U.S. (ERS/USDA) Money

African Swine Fever: Opportunities and Concerns (farmdoc) University of Illinois

Showlists are estimated at 280,800 head this week vs. 299,500 head last week and 287,800 head last year (@MidwestMarkets) Cattle Network

In net trade, the U.S. continues to be a net beef importer from Canada. Strong slaughter in Canada (+11% YTD) continues to support U.S. beef imports from Canada (@CattleFax) Cattle Network

April 19' Cattle expired at 123.750 yesterday. The exact same price that April 18' Cattle expired at last year (@TopThird) Cattle Network

May19 Feeder Cattle finding new Lows... Down -.275 to $141.325 and -$13.975 off the March 22nd Highs of $155.350 (@Cornbroker21) Feeder Cattle

Great move for corn today, closed above it's 21 day MA and just at the upper resistance, this could be an interesting month (@WackTrades) Corn

As the COT report goes Tuesday to Tuesday, we can farily confidently predict that it will show funds buying corn this past week. It'll be the first net buy since March 26 in what has been a down trend since Dec 2018 (@Caerus_Trading) Corn

Bad news for American farmers. Trump's trade tweets just sent grain prices to their lowest level in 42 years (@TheStalwart) Market Flash

Bankruptcies in the farm belt have already been soaring (@TheStalwart) Farm Network

Weekly Outlook: Soybean Acreage and Exports (farmdoc) University of Illinois

The Andersons: Closing Market Commentary Market Commentary

Prospects for Timely Planting of the 2019 Corn Crop (farmdoc) University of Illinois

Live Cattle/Feeders: Trading could be characterized by end of the month position-squaring. Recent weakness in boxed beef values may limit buying interest (Advance Trading) Market Commentary

Sign Up For The Free Feeder Flash Newsletter! Feeder Flash

For Midwestern farmers, times were already tough. The breakdown in trade talks makes things worse (@NYTimes) Trade

Last week’s beef cutout cont'd to be attacked from all angles. The biggest cutout detractors are in red (@cattlefax) Market Flash

The initial forecast for 2020 commercial beef production is expected to set a record of 27.5 billion pounds, surpassing by almost 1% what is expected to be a record level in 2019 Market Commentary

Took 9 months for June live Cattle to double bottom but here we are! (@EthanBruland) Cattle Network

MARKETWATCH: 24/7 ag market coverage, today's reports, commentary, weather, charts and much more... Market Flash

U.S. Beef Gains Full Access to Japan Trade

U.S. soy seen permanently losing China market share in prolonged trade war (Reuters) Soybeans

BEEF FLASH: McDonald's and Tyson are among the companies that expect tighter supplies of pork and bacon to result in more-expensive meat globally (@WSJ) BEEF FLASH

FEEDER FLASH: The largest heifer string sold so far today was 100 head (536#) from Richmond, Kentucky at $152.75 Feeder Flash

CALF TRACKER: The largest calf string sold so far today was 18 steers (456#) from Bloomington, Wisconsin at $170.00 Cow-Calf Today

DAILY EXPORTS: Export sales of 120,000 metric tons of soft red winter wheat for delivery to Egypt during the 2018/2019 marketing year Exports

All uncooked ground beef prices reported at $4.20/lb. in April, up 6 cents from last month Retail Beef Prices

Retail Ground Beef Prices By Month Retail Beef Prices

Corn stocks in Iowa totaled 2.18 billion bushels on December 1, 2018, down 202.8 million bushels from last year Grain Stocks

Corn stocks in Illinois totaled 2.1 billion bushels on December 1, 2018, down 30.2 million bushels from last year Grain Stocks

Corn stocks in Minnesota totaled 1.29 billion bushels on December 1, 2018, down 231.9 million bushels from last year Grain Stocks

Corn stocks in Nebraska totaled 1.45 billion bushels on December 1, 2018, down 11.2 million bushels from last year Grain Stocks

Soybean stocks in Iowa totaled 528.5 million bushels on December 1, 2018, up 40.99 million bushels from last year Grain Stocks

Wheat stocks in Kansas totaled 450.2 million bushels on December 1, 2018, up 50.3 million bushels from last year Grain Stocks

Wheat stocks in North Dakota totaled 279.5 million bushels on December 1, 2018, up 70.9 million bushels from last year Grain Stocks

Wheat stocks in Montana totaled 150.9 million bushels on December 1, 2018, up 41.5 million bushels from last year Grain Stocks

Wheat stocks in Oklahoma totaled 116.4 million bushels on December 1, 2018, down 27.7 million bushels from last year Grain Stocks

Soybean stocks in Nebraska totaled 298.3 million bushels on December 1, 2018, up 34.1 million bushels from last year Grain Stocks

Soybean stocks in Minnesota totaled 339.1 million bushels on December 1, 2018, up 30.3 million bushels from last year Grain Stocks

Soybean stocks in Illinois totaled 671.2 million bushels on December 1, 2018, up 160.8 million bushels from last year Grain Stocks

Weekly Farm Economics: Corn Price Increases and Prevented Planting University of Illinois

BEEF EXPORTS: The United States has exported beef to 89 different countries so far in 2019 Exports

BROILER HATCHERY: Broiler-Type Eggs Set in the United States Up 1 Percent Poultry

DAIRY PRODUCTS: Cheese output down 10% from last month Dairy

Looks like ethanol margins are 10-25 cents negative across the country. US corn now priced ~8% above SA on export market. Just remember to ratchet down your demand numbers along with your production numbers (@StandardGrain) Ethanol

Trade war fears crushed US oil prices, which plummeted 6% to a 10-week low of $57.91 a barrel. It was oil's worst day since Christmas Eve (@CNNBusiness) Energy

The USDA reported estimated weekly cattle slaughter this week at 664K head, the highest so far in 2018 Market Flash

Weekly cattle slaughter reported at 670K head, the highest so far in 2019 Meat Production

CALF TRACKER: There were 0 sales in the top 25 calf strings this week over $200.00, compared to 2 sales last week Salebarn Network

The Impact of U.S.‐China Trade Conflict on U.S. Corn Prices (K-State) Kansas State University

The U.S. organic market in 2018 broke through the $50 billion mark for the 1st time, with sales hitting a record $52.5 billion, up 6.3% from the 2017 (@OTA) Food & Drink

Cattle On Feed Inventory (NASS/USDA Charts) Charts

Cattle on Feed Marketings (NASS/USDA Charts) Charts

Cattle On Feed Placements (NASS/USDA Charts) Charts

First case of African swine fever reported in North Korea (@ReutersAg) North Korea

CME Group Sets a Number of Volume, Open Interest Records in Agricultural and Interest Rate Products AgToday

Wettest 12 months in 124 years (@AgsPlayers) Extreme Weather

Livestock Slaughter: Record Total Red Meat, Beef, and Pork Production in April Market Flash

Trump lifts curbs on E15 gasoline, delivering on promise to U.S. farmers (@ReutersAg) Ethanol

Cattle are currently struggling with 3 major headwinds: global trade disputes, rising grain prices and a successful marketing campaign by ⁦‪Beyond Meat‬⁩ (@TradesByDave) Cattle Network

Here is a look at the #CropWatch19 corn field in S. Illinois versus the same weekend in the previous two years (@kannbwx) Crop Progress

Seasonally, beef in cold storage typically declines in the first 5 mo. of the yr & remains there through summer before inventories build again in Sept (@Cattlefax) Cold Storage

This Week In Petroleum: U.S. average regular gasoline and diesel prices fall Energy

GRAIN CRUSHINGS: Total corn consumed for alcohol and other uses was 493 million bushels in April 2019 Corn

FATS & OILS: Soybeans crushed for crude oil was 5.15 million tons (172 million bushels) in April 2019... Soybeans

EGG PRODUCTS: Shell eggs broken totaled 206 million dozen during April 2019 Poultry

Tech Bulletin - Pooled Statistical Analysis of 7 Feedlot Studies Comparing the Performance of Steers Fed Cattlyst+Aureomycin vs Rumensin+Tylan Zoetis

I've tried to be conservative in my acreage & yield reductions, not desiring to create more market emotion than necessary (@ArlanFF101) Market Flash

GRAIN EXPORTS: Wheat sales reported for Indonesia (70,000 MT), Yemen (44,000 MT, including 40,000 MT switched from unknown destinations), Canada (29,900 MT... Wheat

GRAIN EXPORTS: Corn sales reported for Japan (713,200 MT, including 591,500 MT late reporting, 49,200 MT switched from unknown destinations, and decreases of 13,100 MT), Mexico (184,700 MT... Exports

GRAIN EXPORTS: Soybean sales reported for China (135,700 MT, including 136,000 MT switched from unknown destinations and decreases of 2,300 MT), Spain (57,000 MT), the Netherlands (56,800 MT... Soybeans

Canada Cattle Report: Packer margins should maintain large harvests Canada

Weekly National Grain Market Review Grain Network

China seeks to roll July U.S. soybean cargoes to August (Reuters) China

July corn futures set a new high of $4.42 per bushel, the highest for the most-active contract since July 2015 (@kannbwx) Corn

Over 2400 Dec $6 calls have traded (@DDFalpha) Corn

Feed Prices To Slow Feedlot Placements in Second-Half 2019 Cattle Network

Some U.S. ethanol makers looking to buy Brazilian corn (@ReutersAg) Ethanol

Australia lowers wheat export forecast by 18% as drought hits supply (@ReutersAg) Australia

"It's A Disaster Like I've Never Seen Before": 2019 Could Be Worst Year Ever For US Corn Farmers | Zero Hedge (@IndianaGrainCo) Corn

MU soybean specialist: Crop growers get 'triple whammy' -- prevented corn planting, reduced soybean yield from delayed planting, and poor crop vigor of emerged corn and soybean plants Soybeans

TOP 25: The largest string sold on Tuesday at Huron, South Dakota was 77 heifers (713#) at $145.25 Feeder Flash

TOP 25: The largest string sold on Tuesday at Lexington, Kentucky was 87 steers (601#) at $156.50 Feeder Flash

CROP PROGRESS: 83% of the corn in Kansas had emerged by June 16th, compared to 73% last week and 99% last year Crop Progress

CROP PROGRESS: 90% of the corn in Texas had emerged by June 16th, compared to 86% last week and 96% last year Crop Progress

Bitcoin down 24% currently after being up 20% yesterday. "The Currency of The Future!" (@TopThird) Market Flash

Corn Progress By State Crop Progress

GRAIN STOCKS: Corn stocks in all positions on June 1, 2019 totaled 5.20 billion bushels, down 2 percent from June 1, 2018 Grain Stocks

GRAIN STOCKS: Soybeans stored in all positions on June 1, 2019 totaled 1.79 billion bushels, up 47 percent from June 1, 2018 Grain Stocks

GRAIN STOCKS: Old crop all wheat stored in all positions on June 1, 2019 totaled 1.07 billion bushels, down 2 percent from a year ago Grain Stocks

Notice in corn that 16.7% of the 91.7 million acres was still intended during the survey period of the roughly the first two weeks in June (@ScottIrwinUI) Corn

I have problems with methodology sometimes, but they try to do a good job. Today's #'s reflect farmer sentiment, not fact, June 1 (@ArlanFF101) Market Flash

The USDA reported dehydrated alfalfa meal (Kansas City -T) at $310.50, compared to $268.00 last week and $255.50 last year Feedstuffs

BEEF FLASH: The Retail Beef Price Composite (RBPC) was at $5.51 in April, up 5 cents from the month prior Retail Beef Prices

Ground chuck prices reported at $3.91/lb. in April, up 8 cents from last month Retail Beef Prices

Ground beef prices reported at $3.78/lb. in April, up 5 cents from last month Retail Beef Prices

Lean ground beef prices reported at $5.29/lb. in April, up 10 cents from last month Retail Beef Prices

Steak, Round (USDA Choice) prices reported at $5.86/lb. in April, up 2 cents from last month Retail Beef Prices

Ground Beef prices averaged $3.72/lb in 2018, up 8 cents from 2017 Retail Beef Prices

Ground Beef prices have been under $4 for 39 straight months Retail Beef Prices

Sirloin Steak (USDA Choice Boneless) prices reported at $8.71/lb. in April, up 13 cents from last month Retail Beef Prices

Round roast (choice, boneless) prices reported at $5.25/lb. in April, up 10 cents from last month Retail Beef Prices

All Uncooked Beef Roast prices reported at $5.45/lb. in April, up 1 cent from last month Retail Beef Prices

All Uncooked Beef Steak prices reported at $7.76/lb. in April, up 1 cent from last month Retail Beef Prices

All Uncooked Other Beef prices reported at $4.93/lb. in April, up 6 cents from last month Retail Beef Prices

Ground Beef prices have averaged $3.77/lb so far in 2019, up 5 cents from 2018 Retail Beef Prices

BEEF FLASH: Weekly beef production has been under 500 million pounds 10 times so far in 2019 Meat Production

TOP 25: The largest string sold this week at Welch, Oklahoma was 227 steers (867#) at $128.10 Salebarn Network

TOP 25: The largest string sold this week at West Plains, Missouri was 225 heifers (717#) at $129.75 Salebarn Network

TOP 25: The largest string sold this week at El Reno, Oklahoma was 356 steers (864#) at $125.00 Salebarn Network

TOP 25: The largest string sold this week at Joplin, Missouri was 371 heifers (784#) at $122.50 Salebarn Network

Corn export shipments really fell out of bed as South American new-crop supplies became available (@ArlanFF101) Corn

In the July 7 crop progress report, corn silking has been noted in 8 % of the crop, up from 0% last week and down from 37% last year (@cattlefax) Corn

July Cattle Inventory: All cattle and calves in the United States on July 1, 2019 totaled 103 million head, unchanged from the 103 million head on July 1, 2018 Cattle Inventory

CATTLE ON FEED: 5 states had smaller inventories in June than last month: Arizona, Iowa, Minnesota, Nebraska & South Dakota Cattle on Feed

Since 1959, the likelihood of a sustainable rally in ZC after August 1 is 12%. It's probably safe to say that 4.73 marked the top in the corn market for 2019 (@TradesByDave) Corn

Corn and Soybean Crops at Mid-Season, 2019 (farmdoc) University of Illinois

Corn Balance Sheet: Larger supplies, reduced exports Corn Balance Sheet

USDA Crop Production Report: Corn down 4 percent Grain Network

USDA, where everyone is on the same page. CORN: WASDE has 90 million acres of planted and FSA shows 85.8 million (@ChrisClaytonDTN) Grain Network

I'm not sure that corn crop condition ratings accurately tell the condition of the crop this year, but most major production states saw a decline this week (@ArlanFF101) Corn

USDA is assuming 91.1% of planted corn acres will be harvested. 10-year average is 91.6% (@ArlanFF101) Corn

Brazil is revisiting its soybean crop estimates for 2018 and 2019. A top official at Conab says: "The balance of supply and demand is tight, there is no space for exporting 72 million tonnes of soybeans (@kannbwx) Soybeans

Roughly 7.7 million acres of soybeans haven't even started to bloom yet as the #pftour19 takes place, with 24.5 million acres still not setting pods Soybeans

America is obsessed with beef. But it has no use for hides, so leather prices plunge (LATimes) Cattle Network

I know markets have cried wolf before on early frost and most of the time it doesn't happen, but this year to ignore it would be crazy. This could end very badly. Upside/downside risk disproportionate (@jasonlbritt) Corn

Commodity Weather Group states "no definitive frost risk" in the 16- to 30-day, although risks are elevated (@ArlanFF101) Market Flash

The USDA reported canola meal (Portland -R) at NA, compared to $261.65 last week and $278.00 last year Feedstuffs

China July soy imports from U.S. up three-fold as cargoes booked during truce arrive (@ReutersAg) Soybeans

MARKET COMMENTARY: Schwieterman, Peel, Griffith, Wall, Farmdoc (Channel 115) Market Commentary

Nebraska Combined Auction Weighted Average 500-600 Lb. Feeder Steers Charts

Nebraska Combined Auction Weighted Average 700-800 Lb. Feeder Steers Charts

Latest Price & Chart for Corn (NASDAQ) Charts

Price Projections For Cattle, Hogs, Milk, Corn, Soybeans, Wheat & Energy (Channel 165) Price Projections

BEEF FLASH: USDA to probe beef, cattle prices after Tyson Foods slaughterhouse fire (@ReutersAg) BEEF FLASH

Texas Weekly Cattle Summary Texas

U.S. retail gasoline prices heading into Labor Day are lower than last year Energy

CALF TRACKER: The average price paid on Thursday for the top 25 calf strings (under 500#) was $159.90 The Calf Channel

TOP 25: Four State Stockyards (Exeter, MO) reports 256 Steers (714 lbs) @ $142.25 Cattle Prices (Channel 31)

CALF TRACKER: The largest calf string sold on Thursday was 28 heifers (487#) from Wilcox, Arizona at $130.50 The Calf Channel

Z corn continues break of channel support (@DDFalpha) Corn

This is not good for crop development (@ArlanFF101) Crop Progress

100 trade in TX (@TopThird) Cattle Trade

ACREAGE: Corn planted area for all purposes in 2019 is estimated at 91.7 million acres, up 3 percent from last year Corn

ACREAGE: Soybean planted area for 2019 is estimated at 80.0 million acres, down 10 percent from last year Soybeans

ACREAGE: All wheat planted area for 2019 is estimated at 45.6 million acres, down 5 percent from 2018 Wheat

BEEF IMPORTS: U.S. beef imports from New Zealand are down 28% so far in 2019 Beef

BEEF IMPORTS: U.S. beef imports from Australia are up 8% so far in 2019 Australia

BEEF IMPORTS: U.S. beef imports from Mexico are up 14% so far in 2019 Mexico

BEEF IMPORTS: The United States has imported beef from 18 different countries so far in 2019 Beef

BEEF IMPORTS: The United States has imported the most beef so far in 2019 from Canada followed by Australia & Mexico Beef

BEEF IMPORTS: The United States has imported 1.84 billion pounds of beef so far in 2019, up 1.1% from 2018 Imports

BEEF IMPORTS: U.S. beef imports from Brazil are up 10% so far in 2019 Brazil

CATTLE IMPORTS: The United States has imported 457K head of cattle from Canada so far in 2019, up 19% from 2018 Canada

CATTLE IMPORTS: The United States has imported 1.25 million head of cattle so far in 2019, up 14.7% from 2018 Imports

CATTLE IMPORTS: The United States has imported 794K head of cattle from Mexico so far in 2019, up 12.4% from 2018 Mexico

FEEDER FLASH WITH CORBITT WALL: Investigation Talk... Cow-Calf Today

SALEBARN OWNERS: If you would like to have your prices included on the National Beef Wire, please contact Corbitt Wall at (816) 261-0432 or email at cwall@dvauction.com Feeder Cattle

Vietnam culls 4.7 million pigs as African swine fever spreads African Swine Fever

Peel: Cattle Trade Update The Stocker Channel

Some 55% of U.S. corn was dented as of Sept. 8, behind the 5-yr avg of 77% and exactly even with the same date in 2009 (2018 was among record fast) (@kannbwx) Corn

Even if these 8% of soybeans that haven't set pods somehow miraculously make 15/bu USDA will need to adjust production by oh 200M/bu or so (@DDFalpha) Soybeans

9.9 million acres of #corn were still not in the dough stage as of September 8 (@ArlanFF101) Corn

Chinese President to visit Brazil in November. China will buy more Ag products from Brazil... (@AgsPlayers) China

Heating oil prices projected at $2.95 in 2019, down 6 cents from 2018 Energy

Heating oil prices projected at $3.00 in 2020, up 5 cents from 2019 Energy

Natural gas prices projected at $10.57 in 2019, up 8 cents from 2018 Price Blaster

Natural gas prices projected at $10.55 in 2020, down 2 cents from 2019 Short Term Energy Outlook

Electricity prices projected at $13.04 in 2019, up 15 cents from 2018 Short Term Energy Outlook

Electricity prices projected at $13.13 in 2020, up 9 cents from 2019 Energy

Brent crude oil prices projected at $63.39 in 2019, down $7.80 from 2018 Energy

Brent crude oil prices projected at $62.00 in 2020, down $1.39 from 2019 Short Term Energy Outlook

Gasoline prices projected at $2.56 in 2019, down 17 cents from 2018 Price Projections

Gasoline prices projected at $2.63 in 2020, up 7 cents from 2019 Price Projections

EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020 Energy

The Henry Hub natural gas spot price averaged $2.22 per million British thermal units (MMBtu) in August, down 15 cents/MMBtu from July Energy

EIA lowered its Henry Hub spot price forecast for 2020 to an average of $2.55/MMBtu, 20 cents/MMBtu lower than the August forecast Energy

Diesel prices projected at $3.05 in 2019, down 13 cents from 2018 Energy

Diesel prices projected at $3.16 in 2020, up 11 cents from 2019 Short Term Energy Outlook

Short-Term Energy Outlook: Crude oil prices down $5 from last month Short Term Energy Outlook

The Cull Cow Market is Looking Up (Ohio State) Ohio State University - Beef Team

Cattle had that classic bottom V -- Bears gettin scurred -- The whole trade is lookin real good (@TopThird) Cattle Network

Farmers in Parana, Brazil can begin planting soybeans today, but ongoing dryness will likely delay the start (@kannbwx) Brazil

WASDE DAIRY: The skim-solid basis import forecast for 2019 is raised on higher imports of milk protein concentrates and other dairy products Energy

WASDE DAIRY: For 2019, the fat basis import forecast is raised from last month on strong demand for imported butter Dairy

WASDE DAIRY: The milk production forecasts for 2019 and 2020 are reduced from last month on expectations of a smaller dairy herd and slower growth in milk per cow. Dairy

Wheat production projected at 1.98 billion bushels in September, unchanged from last month Ag Production

Turkey production in 2019 is projected at 5.866 billion pounds, down 20 million pounds from last month Ag Production

Sugar production projected at 9.134 million short tons in September, down 174K short tons from last month Ag Production

Soybean production projected at 3.633 billion bushels in September, down 47 million bushels from last month Ag Production

Soybean oil production projected at 24.535 billion pounds in September, unchanged from last month Ag Production

Sorghum production projected at 352 million bushels in September, down 2 million bushels from last month Ag Production

Rice production projected at 187.3 million cwt in September, down 18.1 million cwt from last month Ag Production

Red meat and poultry production in 2019 is projected at 104.603 billion pounds, down 21 million pounds from last month Ag Production

Turkey production in 2020 is projected at 5.93 billion pounds, up 64 million pounds from 2019 Protein Production Estimates

This map helps visualize the year-on-year change in U.S. corn production by state, using USDA's latest forecast (@kannbwx) Corn

U.S. farmers, battered by low commodity prices and trade war, brace for things to get worse (MarketWatch) Farm Network

Going to be a very interesting start to the wk ahead due to Saudi oil attack. One of the more anticipated openings in crude we’ve seen in awhile. May very well encourage other commodities higher (@DDFalpha) Market Flash

President Trump authorizes release of US oil reserve Energy

Hog Spreads (@TopThird) Hogs

NOPA August crush: 168.085 million bushels of soybeans. Easily record for month, 7th largest month all-time... (@kannbwx) Soybeans

WASDE: Wheat Outlook Wheat Outlook

The outlook for global 2019/20 wheat production was lowered 2.5 million metric tons this month on cuts in wheat output for multiple major exporting nations Wheat Outlook

Wheat production for both Russia and Ukraine are each trimmed 0.5 million metric tons Wheat Outlook

Despite net reduced global production, ample worldwide stocks and strong export price competition constrain sales opportunities Wheat Outlook

The all-wheat season average farm price (SAFP) is lowered 20 cents this month on declines in wheat by class cash prices through the first 3 months of the new marketing year Wheat Outlook

As of the week ending 2019/20 winter wheat harvest is complete while 78 percent of the U.S. spring wheat harvest was complete as of September 1, 2019 Wheat Outlook

SOYBEANS: The NASS September Crop Production report lowered the U.S. soybean yield forecast by 0.6 bushel to 47.9 bushels per acre Soybean Outlook

Although USDA left its forecasts of new-crop soybean demand unchanged this month, lower supplies are expected to reduce 2019/20 season-ending soybean stocks by 115 million bushels to 640 million Soybean Outlook

The expected stocks reduction prompted USDA to raise its forecast of the U.S. season-average farm price by 10 cents to $8.50 per bushel Soybean Outlook

Domestic soybean crushing rebounded in July to 179.5 million bushels after slumping to 157.6 million bushels in June, when some processors took downtime for servicing of equipment Soybean Outlook

SOYBEANS: The late seasonal strength prompted an increase in USDA’s estimate of the 2018/19 crush this month by 20 million bushels to 2.085 billion Soybean Outlook

SOYBEANS: Increases in domestic use and exports of soybean meal largely account for the stronger crush demand Soybean Outlook

At 180 million bushels, August export inspections of soybeans totaled an all-time high for the month Soybean Outlook

Texas Crop and Weather Report (Agrilife) Texas A&M

CME ENERGY FLASH: Crude Oil: $58.03 (-1.31); Ethanol: $1.386 (+0.008); Natural Gas: $2.633 (-0.035) Energy

The Andersons: Mixed in low volume. Choppy trade continues. Mkt awaits potential changes to biofuel mandate & harvest data. C-1 B-0 W+1 Market Commentary

The USDA reported meat and bone meal (Texas Panhandle R-T) at NQ compared to NQ last week and $202.50 last year Feedstuffs

DROUGHT MONITOR: 66.39% of the West experiencing no drought, compared to 62.33% last week and 14.94% last year Weather

DROUGHT MONITOR: 0.00% of the West experiencing "extreme to exceptional drought" (D3-D4), compared to 0.00% last week and 17.19% last year Weather

DROUGHT MONITOR: 82.91% of the High Plains experiencing no drought, compared to 82.05% last week and 55.60% last year Weather

DROUGHT MONITOR: 0.00% of the High Plains experiencing "extreme to exceptional drought" (D3-D4), compared to 0.00% last week and 9.93% last year Weather

DROUGHT MONITOR: 41.38% of the South experiencing no drought, compared to 54.00% last week and 56.31% last year Weather

DROUGHT MONITOR: 1.81% of the South experiencing "extreme to exceptional drought" (D3-D4), compared to 1.77% last week and 1.30% last year Weather

The maturity of the corn crop in the Dakotas is a major concern as more warm and dry days are needed but the forecast puts the region in a cooler, wet pattern for the near future Feeder Cattle

Today’s close on the September Feeder Cattle contract was 140.32; the last time that contract closed above $140.00 was August 1, 2019 Feeder Cattle

National Feeder Cattle Report: Fall officially starts on Monday, however fall runs have not Feeder Cattle

STEER TRACKER: The average price for the top 25 steer strings (700-899#) sold this week was $141.53, compared to $140.31 last week Salebarn Network

STEER TRACKER: The 2nd largest string sold this week was 190 steers (743#) from Richmond, Kentucky at $146.00 Salebarn Network

STEER TRACKER: The largest string sold this week was 249 steers (800#) from El Reno, Oklahoma at $140.00 Price Blaster

STEER TRACKER: There were 626 sales this week that were $130.00 or higher, compared to 638 sales last week Salebarn Network

STEER TRACKER: There were 257 sales this week that were $140.00 or higher, compared to 196 sales last week Salebarn Network

STEER TRACKER: The 2nd highest price paid this week was $154.00 for 11 head (711#) from Columbus, Nebraska Salebarn Network

STEER TRACKER: The highest price paid this week was $156.00 for 10 head (709#) from Billings, Montana Salebarn Network

CALF TRACKER: The 2nd largest calf string sold this week was 102 steers (469#) from Torrington, Wyoming at $181.00 The Calf Channel

CALF TRACKER: The largest calf string sold this week was 128 steers (411#) from Torrington, Wyoming at $186.00 The Calf Channel

TOP 25: The average price paid for the largest steer and heifer strings sold this week was $140.47 Salebarn Network

TOP 25: The 2nd largest steer and heifer string sold this week was 225 heifers (675#) from Joplin, Missouri at $132.75 Salebarn Network

TOP 25: The largest steer and heifer string sold this week was 249 steers (800#) from El Reno, Oklahoma at $140.00 Salebarn Network

SALEBARN WEEKLY: There were 39 strings this week over 100 head Salebarn Network

TOP SALE OF THE WEEK: 68 steers (684#) from McCook, Nebraska at $162.00 Salebarn Network

China buys about 10 vessels of U.S. soybeans (about 600,000 tonnes) for shipment between Oct-Dec, according to traders (@kannbwx) Soybeans

The Morning Cattle Report: Cash prices, salebarn reports, market commentary (Channel 337) Morning Cattle Report

SCHWIETERMAN SOYBEANS: A little bit of follow through strength in the beans would suggest another leg higher has started and that we should be looking for a move up to the $9.35 area in the November contract Market Commentary

SCHWIETERMAN FEEDER CATTLE: Weaker overnight corn values should support and the cash index is gaining ground rapidly into the September expiration on Thursday Feeder Cattle

SCHWIETERMAN CORN: Critical resistance still runs from $3.75 - $3.77, and we seem to butt up against that every day Market Commentary

SCHWIETERMAN WHEAT: The market was weaker overnight and is now testing the bottom end of the upward trading channel that began September 3rd Market Commentary

SCHWIETERMAN WHEAT: December KW double topped at $4.14 and then backed off from there Market Commentary

SCHWIETERMAN SOYBEANS: The maturity of the crop is still well behind average, but there is little threat of freezing temperatures in the Corn Belt Market Commentary

SCHWIETERMAN CORN: The funds are quite short and there could be an explosive short covering rally if the December contract would ever clear the $3.77 level Market Commentary

STEER TRACKER: There were 194 sales on Tuesday that were $130.00 or higher, compared to 128 sales on Monday Morning Cattle Report

STEER TRACKER: There were 88 sales on Tuesday that were $140.00 or higher, compared to 60 sales on Monday Morning Cattle Report

STEER TRACKER: The 2nd highest price paid on Tuesday was $155.00 for 7 head (715#) at St. Mary's, Kansas Price Blaster

STEER TRACKER: The highest price paid on Tuesday was $155.00 for 25 head (791#) at St. Mary's, Kansas Price Blaster

In Montana and the Dakotas, wet weather is further delaying late-season harvest efforts Weather

Today's Weather: In the Caribbean, Tropical Storm Karen will move northward, passing near or over Puerto Rico and the U.S. Virgin Islands later today Weather

In the Corn Belt, warm, dry weather is ideal for late-developing corn and soybeans Weather

In the West, beneficial rain continues across southern Arizona, following a poor monsoon season Weather

The NWS 6- to 10- day outlook for September 29 – October 3 calls for the likelihood of below-normal temperatures across the northern Plains and much of the West Weather

DES MOINES: Sunny, with a high near 74. Northwest wind 8 to 14 mph, with gusts as high as 18 mph Weather

National High and Low Temperature: 104 degrees at Ocotillo Wells, CA; 14 degrees at Cowdrey, CO Weather

10/2/2019 December live cattle futures closed up 0.8 cent at 110.625 cents per pound, its highest since Aug. 9 Market Flash

WASDE LDP: Beef production is raised from last month as higher expected first-half 2020 marketings support higher fed cattle slaughter in 2020 WASDE

WASDE LDP: USDA’s Quarterly Hogs and Pigs report will be released on September 27 and provide information on producer farrowing intentions into early 2020 WASDE

WASDE LDP: The turkey forecast is reduced on lower expected third- and fourth-quarter production WASDE

WASDE LDP: The broiler production forecast is raised on recent production data and continued growth in average bird weights for the remainder of the year WASDE

WASDE DAIRY: For 2019 and 2020, cheese, nonfat dry milk (NDM), and whey prices are raised from the previous month, but the price forecast for butter is reduced Dairy

WASDE DAIRY: The 2019 and 2020 Class IV price forecasts are lowered from the previous month as lower forecast butter prices more than offset higher NDM prices Dairy

WASDE WHEAT: The 2019/20 U.S. wheat supply and demand outlook is unchanged this month but there were offsetting by-class changes for wheat exports Wheat

WASDE WHEAT: The projected season-average farm price is $4.80 per bushel, down $0.20 on NASS monthly prices Wheat

WASDE SOYBEANS: Based on conditions as of September 1, yields are expected to average 47.9 bushels per harvested acre, down 0.6 bushel from the previous forecast and down 3.7 bushels from 2018 Soybeans

WASDE SOYBEANS: Ohio showed the greatest decrease, down 647 pods per 18 square feet from the previous year Soybeans

WASDE SOYBEANS: If realized, the forecasted yield will be a record high in Kentucky and Tennessee Soybeans

WASDE SOYBEANS: The only increase from the 2018 final pod count is expected in Kansas Soybeans

WASDE CORN: Corn supplies are down from last month, as a smaller crop more than offsets larger beginning stocks due to lower estimated exports and corn used for ethanol for 2018/19 Corn

WASDE CORN: This month’s 2019/20 U.S. corn outlook is for reduced production, lower corn used for ethanol, and slightly higher ending stocks Corn

WASDE CORN: Corn production is forecast at 13.799 billion bushels, down 102 million from last month on a lower yield forecast Corn

WASDE CORN: Based on conditions as of September 1, yields are expected to average 168.2 bushels per harvested acre, down 1.3 bushels Corn

CORN BALANCE SHEET: Beginning stocks projected at 2.445 billion bushels, up 85 million bushels from last month Corn

CORN BALANCE SHEET: Feed and residual use projected at 5.175 billion bushels, unchanged from last month Corn

CORN BALANCE SHEET: Food, seed and industrial use projected at 6.88 billion bushels, down 25 million bushels from last month Corn

CORN BALANCE SHEET: Ethanol & byproducts use projected at 5.45 billion bushels, down 25 million bushels from last month Corn

CORN BALANCE SHEET: Total domestic use projected at 12.055 billion bushels, down 25 million bushels from last month Corn

CORN BALANCE SHEET: Total use (domestic + exports) projected at 14.105 billion bushels, down 25 million bushels from last month Corn

CORN BALANCE SHEET: Ending stocks projected at 2.19 billion bushels, up 9 million bushels from last month Corn

CORN BALANCE SHEET: Farm price projected at $3.60/bushel, unchanged from last month Corn

CORN BALANCE SHEET: Imports projected at 50 million bushels, unchanged from last month Corn

CORN BALANCE SHEET: Area harvested projected at 82.0 million acres, unchanged from last month Corn

WHEAT BALANCE SHEET: Beginning stocks projected at 1.072 billion bushels, unchanged from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Ending stocks projected at 1.014 billion bushels, unchanged from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Farm price projected at $4.80, down 20 cents from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Domestic use projected at 1.198 billion bushels, unchanged from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Total use projected at 2.173 billion bushels, unchanged from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Area planted projected at 45.6 million acres, unchanged from last month Wheat Balance Sheet

WHEAT BALANCE SHEET: Imports projected at 135 million bushels, unchanged from last month Wheat Balance Sheet

Corn production projected at 13.799 billion bushels in September, down 102 million bushels from last month Ag Production

SOYBEAN BALANCE SHEET: Beginning stocks projected at 1.005 billion bushels, down 65 million bushels from last month Soybean Balance Sheet

SOYBEAN BALANCE SHEET: Ending stocks projected at 640 million bushels, down 115 million bushels from last month Soybean Balance Sheet

SOYBEAN BALANCE SHEET: Farm price projected at $8.50/bushel, up 10 cents from last month Soybean Balance Sheet

SOYBEAN BALANCE SHEET: Crushings projected at 2.115 billion bushels, unchanged from last month Soybean Balance Sheet

SOYBEAN BALANCE SHEET: Total use projected at 4.018 billion bushels, up 2 million bushels from last month Soybean Balance Sheet

SOYBEAN BALANCE SHEET: Area planted projected at 76.7 million acres, unchanged from last month Soybean Balance Sheet

BEEF BALANCE SHEET: Beginning beef stocks in 2020 are projected at 670 million pounds, up 8 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Beef imports in 2020 are projected at 2.96 billion pounds, down 70 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Beef production in 2020 is projected at 27.736 billion pounds, up 717 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Total beef supply (production + imports) in 2020 is projected at 31.366 billion pounds, up 655 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Beef consumption in 2020 is projected at 27.446 billion pounds, up 546 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Beef consumption per capita in 2020 is projected at 58.0 pounds, up 0.8 pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Ending beef stocks in 2020 are projected at 675 million pounds, up 5 million pounds from 2019 Beef Balance Sheets

BEEF BALANCE SHEET: Ending beef stocks for 2019 are projected at 670 million pounds, up 10 million pounds from last month Beef Balance Sheets

BEEF BALANCE SHEET: Beginning beef stocks for 2019 are projected at 662 million pounds, unchanged from last month Beef Balance Sheets

Pork production in 2020 is projected at 28.41 billion pounds, up 832 million pounds from 2019 Protein Production Estimates

Broiler production in 2020 is projected at 44.0 billion pounds, up 533 million pounds from 2019 Protein Production Estimates

Milk production in 2020 is projected at 221.2 billion pounds, up 3.2 billion pounds from 2019 Protein Production Estimates

Total red meat and poultry production in 2020 is projected at 106.784 billion pounds, up 2.181 billion pounds from 2019 Protein Production Estimates

Beef production in 2019 is projected at 26.953 billion pounds, down 90 million pounds from last month Ag Production

Steer prices in 2019 are projected at $113.50, down $3.00 from last month Price Projections

Steer prices in 2020 are projected at $115.00, up $1.50 from 2019 Price Projections

Barrow and gilt prices in 2019 are projected at $49.50, down $1.50 from last month Price Projections

Barrow and gilt prices in 2020 are projected at $59.00, up $9.50 from 2019 Price Projections

Broiler prices in 2020 are projected at 92 cents, up 5.0 cents from 2019 Price Projections

Turkey prices in 2020 are projected at 90 cents, up 1.5 cents from 2019 Price Projections

Egg prices in 2020 are projected at 99 cents, up 8.5 cents from 2019 Price Projections

Milk prices in 2020 are projected at $18.85, up 50 cents from 2019 Price Projections

Soybean futures end nearly flat, but hold near 3-month high as USDA cuts production estimate, Corn futures fall by more than 3% (@MarketWatch) AgToday

Egg production in 2019 is projected at 9.334 billion dozen, up 10 million dozen from last month Ag Production

CROP PROGRESS: 29% of the corn in the U.S. had matured by September 22nd, compared to 18% last week and 69% last year Crop Progress

CROP PROGRESS: 96% of the oats in the U.S. had been harvested by September 22nd, compared to 92% last week and 100% last year Crop Progress

CROP PROGRESS: 92% of the barley in the U.S. had been harvested by September 22nd, compared to 87% last week and 99% last year Crop Progress

Red meat production (year-to-date) up 2.0% from last year Meat Production

CATTLE FLASH: Cattle slaughter (year-to-date) up 1.1% from last year CATTLE FLASH

BEEF FLASH: Beef production (year-to-date) up 0.1% from last year Meat Production

Weekly cattle slaughter reported at 658K head, compared to 629K last week and 653K last year Meat Production

Hog slaughter (year-to-date) up 3.4% from last year Hogs

Pork production (year-to-date) up 3.9% from last year Meat Production

CATTLE FLASH: Dressed cattle weights reported this week at 817 pounds, compared to 816 last week and 829 last year Meat Production

Live cattle weights reported this week at 1,346 pounds, compared to 1,342 last week and 1,362 last year Meat Production

BEEF EXPORTS: South Korea was the largest buyer this week with 8.8 million pounds, accounting for 24% of total sales Cattle Network

Weekly red meat production projected at 1.080 billion pounds, beef at 536.6 mp, pork at 539.8 mp Meat Production

CATTLE FLASH: Weekly cattle slaughter has averaged 637,100 head over the past 10 weeks Meat Production

The heaviest weekly cattle weight average so far in 2019 was 1,376 pounds Meat Production

CATTLE FLASH: Weekly cattle slaughter has averaged 627,105 head so far in 2019 Meat Production

CATTLE FLASH: The highest weekly cattle slaughter so far in 2019 was 670,000 head Meat Production

BEEF FLASH: Weekly beef production has averaged 514.4 million pounds over the past 10 weeks Meat Production

BEEF FLASH: Weekly beef production has averaged 506.5 million pounds so far in 2019 Meat Production

The highest weekly beef production so far in 2019 was 537.6 million pounds Meat Production

CATTLE FLASH: The estimated daily cattle slaughter has averaged 116,330 head so far in 2019 Cattle Network

Weekly beef production over 500 million pounds 79 out of the last 109 weeks Meat Production

The United States has slaughtered 91.2 million hogs so far in 2019, up 3.4% from last year Hogs

CATTLE FLASH: The United States has slaughtered 23.9 million head of cattle so far in 2019, up 1.1% from 2018 Meat Production

Weekly hog slaughter has averaged 2,424,200 head over the past 10 weeks Hogs

Weekly red meat production has averaged 1.024 BILLION pounds so far in 2019 Meat Production

The United States has produced 19.4 billion pounds of pork so far in 2019, up 3.9% from last year Pork

The United States has produced 38.8 billion pounds of red meat so far in 2019, up 2.0% from last year Meat Production

BEEF FLASH: The United States has produced 19.2 billion pounds of beef so far in 2019, up 0.1% from 2018 BEEF FLASH

Weekly beef production has been under 500 million pounds 29 times in last 109 weeks Meat Production

Weekly beef production has been under 500 million pounds 26 times in the last 88 weeks Meat Production

Soybean meal production projected at 49.65 million short tons in September, unchanged from last month Ag Production

The highest weekly hog slaughter so far in 2019 was 2.611 million head (September 13th) Meat Production

Total poultry production in 2019 is projected at 49.847 billion pounds, up 126 million pounds from last month Ag Production

Beef production in 2020 is projected at 27.670 billion pounds, up 717 million pounds from 2019 Protein Production Estimates

Total poultry production in 2020 is projected at 50.476 billion pounds, up 629 million pounds from 2019 Protein Production Estimates

Egg production in 2020 is projected at 9.41 billion dozen, up 76 million dozen from 2019 Protein Production Estimates

Dressed hog weights reported this week at 209 pounds, up 1 lb. from last week, up 1 lb. from last year Hogs

Live hog weights reported this week at 280 lbs., up 1 lb. from last week, up 1 lb. from last year Hogs

Weekly red meat production has only been under 1 billion pounds 5 times so far in 2019 Meat Production

Weekly hog slaughter has been under 2.5 million head 27 times so far in 2019 Meat Production

BEEF FLASH: Weekly beef production has been under 500 million pounds 8 times in last 30 weeks Meat Production

The August 9th fire at a beef cattle slaughter facility in Kansas remains the story line which factors in to boxed beef prices (Andrew Griffith) University of Tennessee

The fall run of freshly weaned calves and slaughter cows is on top of the market (Andrew P Griffith) University of Tennessee

CORN EXPORTS: The United States has exported 44.2 million metric tons of corn so far in 2019, down 15.6% from 2018 Corn

CORN EXPORTS: The United States exported the most corn so far in 2019 to Mexico followed by Japan and Colombia Corn

CORN EXPORTS: The United States has exported 13.3 million metric tons of corn to Mexico so far in 2019, up 7% from last year Mexico

CORN EXPORTS: The United States has exported 11.5 million metric tons of corn to Japan so far in 2019, up 5% from last year Japan

WHEAT EXPORTS: The United States has exported 21.8 million metric tons of wheat so far in 2019, up 26% from 2018 Wheat

WHEAT EXPORTS: The United States has exported the most wheat so far in 2019 to Mexico followed by the Philippines & Japan Exports

SOYBEAN EXPORTS: The United States has exported 39.3 million metric tons of soybeans so far in 2019, down 22% from last year Soybeans

WHEAT EXPORTS: The United States has exported 2.1 million metric tons of wheat to Japan so far in 2019, down 8.5% from last year Japan

WHEAT EXPORTS: The United States has exported 2.6 million metric tons of wheat to Mexico so far in 2019, up 22% from last year Mexico

WHEAT EXPORTS: The United States has exported 2.3 million metric tons of wheat to the Philippines so far in 2019, up 20% from last year Philippines

CATTLE EXPORTS: The United States has exported 128K head of cattle so far in 2019, up 21% from 2018 Exports

CATTLE EXPORTS: The United States has exported the most cattle so far in 2019 to Canada followed by Mexico and Russia Exports

SOYBEAN EXPORTS: The United States has exported the most soybeans so far in 2019 to China followed by the EU-28 and Mexico Exports

SOYBEAN EXPORTS: The United States has exported 10.7 million metric tons of soybeans to China so far in 2019, down 58% from last year China

SOYBEAN EXPORTS: The United States has exported 6.6 million metric tons of soybeans to the EU-28 so far in 2019, up 44% from last year Soybeans

SOYBEAN EXPORTS: China has accounted for roughly 27% of U.S. soybean exports so far in 2019 China

CATTLE EXPORTS: The U.S. has exported 109K head of cattle to Canada so far in 2019, up 37% from last year Exports

CATTLE EXPORTS: The United States has exported cattle to 26 different countries so far in 2019 Exports

CATTLE EXPORTS: U.S. cattle exports to Mexico up 4% so far in 2019 Exports

CATTLE EXPORTS: U.S. cattle exports to Thailand down 1% so far in 2019 Exports

CATTLE EXPORTS: Canada has accounted for roughly 85% of U.S. cattle exports so far in 2019 Exports

CATTLE EXPORTS: Canada and Mexico have accounted for roughly 95% of U.S. cattle exports so far in 2019 Exports

BEEF EXPORTS: U.S. beef exports to Japan are down 6% so far in 2019 Japan

BEEF EXPORTS: Japan is the top destination for U.S. beef exports so far in 2019 followed by South Korea & Mexico Beef

BEEF EXPORTS: Japan has accounted for roughly 27.5% of U.S. beef exports so far in 2019 Japan

BEEF EXPORTS: The United States has exported over 100 million pounds of beef to 6 countries so far in 2019 (Japan, South Korea, Mexico, Canada, Hong Kong & Taiwan) Beef

CORN EXPORTS: The United States has exported 3.3 million metric tons of corn to South Korea so far in 2019, down 37.6% from last year South Korea

BEEF EXPORTS: U.S. beef exports to Mexico are up 2% so far in 2019 Mexico

BEEF EXPORTS: U.S. beef exports to South Korea are up 12% so far in 2019 South Korea

Grain Exports: Wheat sales down 53% from last week Exports

BEEF EXPORTS: U.S. beef exports to China are up 15% so far in 2019 China

BEEF EXPORTS: U.S. beef exports to Canada are down 15% so far in 2019 Canada

What Trump’s Impeachment Inquiry Means for the Market Market Flash

Disney+ went live Tuesday — but is it worth the $7 compared to Amazon, Netflix, HBO, Hulu and Apple? Hot Topics

The USDA reported rice bran (Texas R-T) at $90.00, compared to $90.00 last week and $112.50 last year Feedstuffs

U.S. stock market at record but farm bankruptcies at highest since 2011 Farm Network

10-16-2019 Fed Cattle Exchange - Market Report Cattle Network

Grain elevators face significant challenges in 2020 Grain Network

Peel: Beef exports struggling and imports steady Oklahoma State University - Cow-Calf Corner

LIVESTOCK-CME hog futures fall under pressure from plentiful U.S. supply. Lean hogs for February delivery closed 0.850 cent weaker at 66.700 cents per pound. Market Flash

CME February live cattle dropped 0.225 cent to 124.750 cents per pound. January feeder cattle futures dipped 0.025 cent to 141.525 cents per pound Monday. Market Flash

LIVESTOCK-CME hog futures rise, supported by firmer cash prices. Lean hogs for February delivery jumped 1.275 cents to 67.975 cents per pound at the Chicago Mercantile Exchange (CME). AgToday

CME February live cattle ended down 0.175 cent at 124.575 cents per lbs. Jan. feeder cattle futures rose 0.125 cent to 141.650 cents per lbs. and reached their highest price since Dec. 4. AgToday

LIVESTOCK-Cattle futures rise on technical buying, Feb. live cattle futures ended up 0.75 cent at 125.325 cents per pound, rising above its five-day, 20-day and 30-day moving averages. Market Flash

Jan. feeder cattle futures rose 1.125 cents to 142.775 cents per lbs. The contract rallied through its 20-day, 40-day and 50-day moving averages, closing just below its session peak of 142.925 cents. Market Flash

Lean hogs for Feb, delivery fell 0.25 cent to 67.725 cents per lbs at the CME. The contract faced technical resistance at its 20-day moving average, a level it has not closed above since Nov. 14. Market Flash

U.S. lean hog futures closed higher on Thursday on rekindled hopes for a U.S. trade deal with China. CME Feb. lean hog futures settled up 0.925 cent at 68.650 cents per . Market Flash

CME live cattle futures closed mostly lower Thurs., with the benchmark Feb. contract down 0.225 cent at 125.100 cents per lbs. Jan. feeder cattle futures fell 0.225 cent to settle at 142.550 cents per lbs. Market Flash

Thursday - CBOT March corn futures settled up 6-1/2 cents at $3.77-3/4 per bushel, their biggest single-day advance in nearly 2 weeks. Market Flash

Thursday - CBOT March wheat ended up 11 cents at $5.30-1/4 a bushel and January soybeans rose 4-3/4 cents to settle at $8.98-1/4 a bushel. Market Flash

Corn, wheat, soy rally on U.S.-China trade hopes, export demand Market Flash

LIVESTOCK-CME hog, cattle futures climb on U.S-China trade news. Feb. lean hog futures settled up 0.850 cent at 69.500 cents per .lbs, but that was about 2 cents below its session high of 71.550 Friday. Market Flash

Cattle futures posted bigger % gains than hogs, with Feb. live cattle contract settling up 2.450 cents at 127.550 cents per .lbs after setting a contract high at 127.900 cents Friday. Market Flash

Jan. feeder cattle futures rose 3.125 cents to close at 145.675 cents per .lbs Friday. Market Flash

Feb live cattle contract settled down 0.300 cents at 127.250 cents per lbs. Monday. Jan. feeder cattle futures eased down 0.425 cent to close at 145.250 cents per lbs Market Flash

Feb. live cattle contract settled down 0.950 cent at 126.300 cents per lbs. Jan. feeder cattle futures eased down 0.100 cent to close at 145.150 cents per lbs. Tuesday Market Flash

MILK PRODUCTION: California accounted for roughly 19.5% of the milk produced in the United States in October Dairy

CME February lean hog futures edged up 0.050 cent to 69.900 cents per .lbs Several other 2020 contracts ended lower at Wednesday's close Market Flash

Feb. live cattle futures closed down 0.175 cent at 126.125 cents per lbs. Jan. feeder cattle futures eased 0.600 cent to close at 144.550 cents per lbs. Wednesday Market Flash

Packers slaughtered about 122k cattle on Wed. up from 117k a year earlier up 4%, according to USDA Market Flash

Feb. lean hog futures rose 1.075 cents to 70.975 cents per lbs. Thursday. Market Flash

Feb. live cattle futures closed down 0.500 cents at 125.625 cents per .lbs Jan. feeder cattle futures rose 0.175 cent to 144.725 cents per .lbs Thursday Market Flash

U.S. hog futures strengthened on Thursday as the USDA reported that shipments of pork to China last week reached their highest in at least 10 months Market Flash

Angry Farmers, Wild Weather and Trade: A Crazy Year for Corn Farm Network

Cattle futures strengthened on Thursday. Feb. live cattle futures rose 0.975 cent to 126.800 cents per lbs. Jan. feeder cattle futures jumped 1.875 cents to 145.450 cents per lbs. Market Flash

Feb. lean hog futures crept 0.200 cent higher to 70.900 cents per lbs. The contract reached its highest price since Dec. 13 Thursday. Market Flash

Hog futures shot to their highest prices in more than 6 weeks on Monday on optimism over trade with China, Feb. lean hog futures advanced 1.225 cents to 71.800 cents per lbs. Market Flash

Feb. live cattle futures slipped 0.275 cent to 126.425 cents per .lbs. Other contracts were mixed. March feeders dipped 0.300 cent to 144.500 cents per lbs. Monday Market Flash

A Strong Finish to the Year Ohio State University - Beef Team

20 Great Stock Ideas For 2020, From The Best Fund Managers Market Flash

Hog futures kicked off 2020 by approaching 7-week highs driven expectations for bigger sales to China. Feb. February lean hogs rose 0.125 cent to 71.550 Thursday. Market Flash

Feb. live cattle futures slumped 0.150 cent to 125.775 cents per lbs. March feeders futures dipped 0.500 cent to 143.725 cents per .lbs Thursday. Cattle Network

GLOBAL MARKETS-Oil prices rose over $2 a barrel and gold and other safe-haven assets jumped on Friday after U.S. strikes kill Iranian commander (@NASDAQ) Market Flash

The Ave. Nebraska Steer Price (600-700 .lbs) for December was 146.82 a 2% over the previous month Market Flash

The Ave. Nebraska Heifer Price (600-700 .lbs) for December was 135.54 a 1% increase over the previous month Market Flash

The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in over 3 months, with jitters rising over the escalating military tensions between Iran and the US. Market Flash

Livestock outlook: Fresh start or more of the same? Market Flash

Peel: Cattle market factors to watch in 2020 Oklahoma State University - Cow-Calf Corner

U.S. live cattle futures jumped by as much as 2% on Monday and feeder cattle futures rose by up to 3%, propelled by strong cash market prices and tightening supplies of animals, analysts said. Market Flash

Beef packer margins that narrowed to just $12 a head on Monday, from $34.45 a week ago and $171.05 per head a month ago, according to livestock marketing and advisory service HedgersEdge.com LLC. Market Flash

Feb live cattle futures jumped 2.550 cents Monday to 127.275 cents per lbs, breaking through technical chart resistance at its 20- and 50-day moving averages and ending at a 3-week high. Market Flash

March feeder cattle climbed 3.675 cents to 146.350 cents per pound, a 2.6% jump that was the strongest in almost 5 months Monday. Market Flash

Feb lean hog futures ended up 0.075 cent at 68.625 cents per pound after tumbling by the daily 3-cent limit on Friday. April hogs shed 0.200 cent to close at 74.950 cents Monday. Market Flash

The choice boxed beef cutout shed 9 cents to $209.56 per cwt on Tuesday and the select cutout was 2 cents higher at $206.82, according to the USDA. Both categories jumped by more than $1 on Monday Market Flash

February live cattle futures fell 0.750 cent to 126.525 cents per pound following Monday’s 2% gain that was the strongest in nearly four months Tuesday Market Flash

Ave. beef packer margins stood at just $12.85 a head on Tuesday, well below $37.20 a week ago and $171.05 per head a month ago, according to livestock marketing and advisory service HedgersEdge.com LLC Market Flash

CME February lean hog futures ended up 0.600 cent at 69.225 cents per pound Tuesday Market Flash

Feeder cattle futures retreated Tuesday after a strong start to the week, with actively traded March futures down 1.225 cents at 145.125 cents per pound Market Flash

Wednesday Feb live cattle futures slipped 0.175 cent to 126.350 cents per .lbs March feeder cattle futures advanced 1.400 cents to 146.525 cents per .lbs. Market Flash

Nov. total pork exports reached 259,814 tonnes, up 26% from a year earlier and 11% above the previous high set in July 2019, according to USDA Market Flash

CME: 'China Demand for Beef in World Market Overblown' Cattle Network

Ave. beef packer margins on Thursday fell to $3.15 per head, down from $6.35 on Wednesday and $28.75 a week ago, according to livestock marketing advisory service HedgersEdge.com LLC Market Flash

CME Feb. live cattle closed 0.375 cent lower at 126.725 cents per pound, while March feeder cattle were 0.100 cent higher at 146.925 cents per pound Thursday Market Flash

Bids and offers at U.S. Plains feedlots remain far apart, but traders expect cash sales this week to be at least steady to possibly higher than last week’s $124 per cwt market Market Flash

Feb live cattle fell 0.875 cent to settle at 126.550 cents per .lbs April cattle ended down 0.425 at 127.525 cents Monday Market Flash

Feeder cattle futures sold off sharply, with March futures down 1.600 cents at 145.850 cents per pound Monday Market Flash

The wholesale choice boxed beef cutout value rose $2.21 to $212.76 per cwt on Tuesday afternoon, Select cuts were $210.30 per cwt, up $2.07 on the day Market Flash

Feeder cattle futures fell for a second straight session, with March futures down 0.125 cent at 145.725 cents per pound Tuesday Market Flash

February live cattle rose 0.300 cent to settle at 126.850 cents per pound. April cattle ended up 0.350 at 127.875 cents Tuesday Market Flash

In the Cattle Markets - Beef Exports (again) a Key Factor to Watch in 2020 Market Flash

Feb. live cattle fell 0.250 to settle at 126.600 and April cattle ended down 0.375 at 127.500 Feeder cattle futures fell for a 3rd straight session, with March down 0.550 at 145.125 Wednesday Market Flash

CME: Feb live cattle settled down 0.475 at 126.125 and April cattle ended down 1.075 at 126.425. March feeder cattle futures ended down 0.350 cent at 144.825 Thursday Market Flash

Beef packer margins have risen to around $30 a head from below $10 last week, but are still down sharply from mid-November, when they topped $300 a head Market Flash

After several rounds of wet heavy snows over the last several weeks in areas of the Northern Plains, pen conditions have deteriorated effecting cattle yields Feeder Cattle

Weekly red meat production reported at 1.08 billion pounds, the highest so far in 2019 Meat Production

Weekly Red Meat Production Report: Production highest so far in 2019 Meat Production

Weekly Beef Production Report: Production tops 530 million pounds Meat Production

CME Feeder Cattle Chart (NASDAQ) Charts

CME Live Cattle Chart (NASDAQ) Charts

Corn futures come out of the weekend with 2 to 3 cent losses in most contracts (Barchart) Market Flash

HEIFER PRICES: Stockmen's Livestock Market - Yankton (Yankton, SD) reports 113 Heifers (1,356 lbs) @ $123.10 (More Heifer Prices) Market Flash

5 Area: Live steer prices reported at $124.31; heifers at $123.53 Market Flash

5 Area: Dressed steer prices reported at $198.89; heifers at $198.71 Market Flash

For reference, the average GLOBAL corn yield in 2019 was 5.78 t/ha or 92 bu/acre, according to USDA (@kannbwx) Market Flash

EIA forecasts crude oil prices will fall in the first half of 2020, then rise through 2021. EIA forecasts that the Brent crude oil spot price will average $65 per barrel (b) in 2020 and $68/b in 2021 Market Flash

OKC West (El Reno, OK) reports 63 Steers (505 lbs) @ $174.00 Market Flash

Bluegrass Stockyards of Maysville (Maysville, KY) reports 65 Steers (751 lbs) @ $142.50 Market Flash

From 1996 to 2017, insecticide use among U.S. corn and cotton farmers fell by over 80 percent (@FarmPolicy) Market Flash

Average national corn yield rose from around 30 bushels per acre in the 1930s to nearly 180 bushels per acre in the present decade (@FarmPolicy) Market Flash

Corn used for fuel ethanol production increased from less than 1 percent of total U.S. corn use in 1980/81 to about 38 percent of total U.S. corn use during marketing years 2015/16 to 2017/18 (@FarmPolicy) Market Flash

Marketing year corn export shipments to date fall short of the seasonal pace needed to reach USDA's target by 169 million bushels, versus being short by 155 million bushels (@ArlanFF101) Market Flash

China is the 2nd largest corn producer & consumer behind the U.S. and, in the past, was the world’s largest importer of sorghum and DDGS (@USGC) Market Flash

Kansas City wheat futures are poised to make new highs in the coming weeks/months after the initial 5-wave move off the bottom on September 3rd (@trilatinc) Market Flash

U.S. wheat is the most expensive in the world at the moment. HRS wheat export sales have been above the estimated needed for the past 5 weeks, nearly triple (@NatlFarmers) Market Flash

Weekly export inspections for corn at only 13.6 mb; soybeans at 44.1 mb and wheat at 16.0 mb (@MidwestMarkets) Market Flash

National Forecast Chart (NOAA) Market Flash

Short Range Forecast: Freeze Warnings and Wind Chill Advisories are in effect across Florida Market Flash

Short Range Forecast: Another weather system will affect parts of the Southwest and central United States with snow and mixed precipitation developing from Oklahoma northeastward into the Great Lakes Market Flash

Trump has promoted a commitment by China to purchase $40 billion to $50 billion annually in farm products for the next two years. That compares with $24 billion in agricultural and related products that China imported from the U.S. in 2017, before the trade war began (farmdoc) Market Flash

“In an agreement signed Wednesday at the White House, China committed to importing at least $12.5 billion more agricultural goods this year than in 2017, rising to $19.5 billion next year. The Asian nation will also ‘strive’ to purchase an additional $5 billion a year in farm products. That could get total purchases next year toward the $50 billion mark (farmdoc) Market Flash

Thousands of acres left to harvest; ⁦ ‪USDA‬⁩ says 8% of corn, 2% of soybeans still need to be harvested in US (@FeedAndGrainMag) Market Flash

Morning Grain Market Commentary from The Andersons Market Flash

China is moving closer to commercializing the production of GM corn & soybeans (@kannbwx) Market Flash

WATCH LIVE: Bluegrass Stockyards of Campbellsville, LLC (Campbellsville, KY) reports 1 Steers (525 lbs) @ $150.00 Market Flash

The USDA reported yellow grease (Central U.S.-T) at $21.50, compared to $21.00 last week and $21.00 last year Feedstuffs

WATCH LIVE: Glacial Lakes Livestock (Watertown, SD) reports 22 Fats (1,312 lbs) @ $122.25 Market Flash

WATCH LIVE: Springfield Livestock Marketing Center (Springfield, MO) reports 10 Steers (498 lbs) @ $170.75 Market Flash

WATCH LIVE: North Arkansas Livestock (Green Forest, AR) reports 1 Cows (1,185 lbs) @ $54.00 Market Flash

WATCH LIVE: Ozarks Regional Stockyard (West Plains, MO) reports 7 Cows (1,041 lbs) @ $5,250.00 Market Flash

WATCH LIVE: Hub City - Your Dependable Farmers & Ranchers Market - Check out our website! Market Flash

Beef in cold storage has been under 500 million pounds for 11 straight months Market Flash

Active weather will continue into next week across the Pacific Northwest, with several inches of precipitation forecast. Heavy rain is also possible across the southern/central Appalachians and Mid-Atlantic Friday and Saturday (@NWSWPC) Market Flash

MILK PRODUCTION: Production in the 24 major States during November totaled 16.7 billion pounds, up 0.9 percent from November 2018 Dairy

Grain Exports: Corn: Over 1 million metric tons (up 28%); Wheat: 696K metric tons (up 7%); Soybeans: 790K metric tons (up 23%) Market Flash

WEATHER FLASH: Omaha (35°F fog/mist); Kansas City (27°F patchy fog); Fargo (14°F patchy flurries); Forth Worth (48°F dense fog); Green Bay (31°F cloudy) Market Flash

Reports of Coronavirus Outbreak Hit Every Inhabited Continent National News

What If U.S. Farmers Plant 95 Million Acres of Corn in 2020? AgToday

PANHANDLE SNOW FORECAST: As of the latest forecast, highest totals still expected across the NE Panhandles where 6"+ is possible. Measurable snow over over one inch is also expected across much of the Panhandles, mainly north of I-40 Market Flash

Managed funds are net sellers of 4,000 soybeans, 2,000 soyoil, 2,000 soymeal and 2,000 wheat and buyers of 8,000 corn at midday Market Flash

Red meat demand was under pressure from the coronavirus concerns. Weakness likely until more coronavirus understanding is discovered Market Flash

U.S. corn is not only the cheapest in the world, but also the only supply that’s amply available Market Flash

Milk prices headed up for rest of 2020 Dairy Outlook: The Class III price for 2020 may average $1.20 to $1.30 higher than in 2019 Market Flash

NCBA: USMCA Ratification Latest Victory for U.S. Cattle Producers Cattle Network

Secretary Perdue Statement on USMCA Signing AgToday

STEER TRACKER: The average price paid on Monday for the top 25 steer strings (700-899#) was $141.26 Market Flash

Toyota, General Motors and Ford cease production in China in response to the Coronavirus threat (@YahooFinance) World News

Google shuts down offices in China due to coronavirus concerns (@FoxBusiness) World News

CALF TRACKER: Bassett Livestock Auction (Bassett, NE) reports 45 Heifers (489 lbs) @ $162.00 (More Calf Prices) Market Flash

CATTLE FLASH: The Cattle on Feed Inventory in TEXAS in January was reported at 2.96 million head. This ties 2008 as the HIGHEST COF inventory in Texas in January and the 20th highest month on RECORD! Market Flash

CATTLE TICKER: The largest cattle string sold so far today was 86 heifers (918#) from Yankton, South Dakota at $137.50 Market Flash

WEATHER FLASH: Quite the snowstorm for southwest Kansas where over a foot of snow has fallen this morning (@gdimeweather) Market Flash

BEEF FLASH: Weekly beef production was reported at 534.6 million pounds last week, the HIGHEST so far in 2020! Market Flash

CATTLE FLASH: The January 2020 COF Inventory (11.958 million head) was the 2nd highest January inventory in 25 years! Market Flash

BEEF FLASH: WORLD beef production in 2020 is projected at 62.477 million metric tons, the SECOND highest on record! Market Flash

STEER PRICES: Joplin Regional Stockyards reports 28 Steers (723#) @ $138.75 (More Steer Prices) Market Flash

China coronavirus deaths rise to 170, with 7,711 people infected (@Reuters) World News

HOT 100: Bassett Livestock Auction (Bassett, NE) reports 127 Steers (679 lbs) @ $157.25 Market Flash

US Fourth-quarter GDP rose only 2.1% and full-year 2019 posts slowest growth in three years at 2.3% - GDP 2018 2.9% - GDP 2017 2.4%(@CNBC) Market Flash

Gains in consumer spending helped propel the economy in the year’s final 3 months, though the rate of increase came in at 1.8%, well below the 3.2% pace in the 3rd qtr. The consumer accounts for 68% of what is now a $21.7 trillion U.S. economy. (@CNBC) Market Flash

Coronavirus: 6,000 tourists in lockdown on Italian cruise ship Market Flash

CATTLE TICKER: Pratt Livestock (Pratt, KS) reports 32 Steers (887 lbs) @ $139.25 Market Flash

CATTLE TICKER: Mitchell Livestock (Mitchell, SD) reports 68 Steers (808 lbs) @ $138.75 Market Flash

WEATHER FLASH: Don’t break out the swimsuits, but this warm winter has left the Great Lakes relatively ice free so far this season with only 6.6% ice coverage as of yesterday. This isn’t quite the 3.3% record low set in 2002, but it is well below the average of 28% (TW) Market Flash

Big temperature changes are on the way this weekend and the beginning of next week. Highs are forecast to be well above normal across the northern and central U.S. through Sunday. Meanwhile, a strong cold front is expected to reach the Rockies by Monday Market Flash

U.S. agriculture secretary Sonny Perdue unsure if coronavirus will slow China's ability to buy $36.5 billion of U.S. agricultural goods in 2020 (@Reuters) AgToday

CALF TRACKER: The largest calf string sold on Thursday was 65 heifers (479#) from Dickinson, North Dakota at $163.75 Market Flash

In the wake of new trade deal, new tensions surface over U.S.-Mexico seasonal farm trade (@Reuters) AgToday

Gallup Poll: Nearly 1 in 4 in U.S. Have Cut Back on Eating Meat - 23% report eating less meat in the past year, while 72% say they are eating the same amount, 5% report eating more AgToday

US farmers are filing for bankruptcy at the highest rate since 2011, There were 595 farm bankruptcies filed in 2019, according to the AFB, a 20% increase from 2018 AgToday

US advises no travel to China, where virus deaths top 200 - The virus has infected almost 10,000 people globally in just 2 months (@AP) World News

JBS CEO: Coronavirus won't hurt meat sales to China (@Reuters) Market Flash

BEEF FLASH: Beef exports top 20K metric tons for the SECOND week in a row Market Flash

CATTLE TICKER: Burlington Livestock Exchange (Burlington, CO) reports 93 Steers (549 lbs) @ $171.50 Market Flash

CATTLE TICKER: Stockmen's Livestock Exchange - East (Dickinson, ND) reports 70 Steers (540 lbs) @ $176.0 Market Flash

HOT 100: Ogallala Livestock Auction Market (Ogallala, NE) reports 169 Heifers (606 lbs) @ $152.50 Market Flash

HOT 100: Farmers & Ranchers Livestock Auction (Salina, KS) reports 120 Steers (825 lbs) @ $134.50 Market Flash

BEEF EXPORTS: The USDA reported beef exports this week at 21,700 metric tons, compared to 27,800 metric tons last week Market Flash

On the Plains, windy weather is developing across Montana, further eroding winter wheat’s protective snow cover. Farther east, however, a deep snow cover remains in place across the eastern Dakotas, where most corn and sunflower harvest efforts have been stalled for the last 2 months Market Flash

CATTLE TICKER: St. Onge Livestock (St. Onge, SD) reports 84 Steers (534 lbs) @ $187.25 Market Flash

CATTLE TICKER: Bloomington Livestock Exchange (Bloomington, WI) reports 97 Steers (506 lbs) @ $175.50 Market Flash

All heifers 500 pounds and over as of January 1, 2020 totaled 20.1 million head, slightly below the 20.2 million head on January 1, 2019 Cattle Inventory

Beef replacement heifers, at 5.77 million head, were down 2 percent from a year ago Cattle Inventory

Milk replacement heifers, at 4.64 million head, were down 1 percent from the previous year Cattle Inventory

Steers weighing 500 pounds and over as of January 1, 2020 totaled 16.7 million head, down 1 percent from January 1, 2019 Cattle Inventory

Bulls weighing 500 pounds and over as of January 1, 2020 totaled 2.24 million head, down 1 percent from January 1, 2019 Cattle Inventory

Calves under 500 pounds as of January 1, 2020 totaled 14.7 million head, up 1 percent from January 1, 2019 Cattle Inventory

Cattle and calves on feed for the slaughter market in the United States for all feedlots totaled 14.7 million head on January 1, 2020 Cattle Inventory

The 2019 calf crop in the United States was estimated at 36.1 million head, down 1 percent from last year's calf crop Cattle Inventory

Calves born during the first half of 2019 were estimated at 26.4 million head, down slightly from the first half of 2018 Cattle Inventory

Calves born during the second half of 2019 were estimated at 9.71 million head, 27 percent of the total 2019 calf crop Cattle Inventory