DROUGHT MONITOR: Low water levels are impacting barge traffic on the Mississippi River during the harvest, a crucial time
Weather
USDA estimates daily cattle slaughter at 127K head, compared to 127K last week and 121K last year. WTD slaughter at 510K head, compared to 507K last week and 484K last year (Thu)
US Cattle Report by National Beef Wire
CME LIVESTOCK: Live Cattle: $147.875 (-0.05); Feeder Cattle: $176.425 (-0.90); Hogs: $77.775 (+1.275); Milk: $21.89 (+0.05)
US Cattle Report by National Beef Wire
CME GRAINS: Corn: $6.755 (-8.50); Soybeans: $13.58 (-11.75); Wheat: $8.79 (-23.00); Cotton: $82.90 (-0.33)
National Corn Wire
STOCK UPDATE: Dow 30: 29,926.94 (-346.93); Nasdaq: 11,073.31 (-75.33); S&P 500: 3,744.52 (-38.76) (Stocks Fall As Bond Yields Rise On Hawkish Fed Comments)
Market Update
ENERGY PRICES: Crude Oil: $88.85 (+1.09); Heating Oil: $3.8755 (+0.1886); Natural Gas: $6.926 (-0.004) (Crude Closes Moderately Higher on Global Supply Concerns)
Market Update
CATTLE IMPORTS: The United States has imported 470.5K head of cattle so far in 2022, down 1.7% from 2021. The United States has imported 240K head of cattle from Mexico so far in 2022, down 27% from 2021. The United States has imported 230K head of cattle from Canada so far in 2022, up 53% from 2021
US Cattle Report by National Beef Wire
CATTLE IMPORTS: The United States has imported 624.7K head of cattle from Canada so far in 2020, down 6.7% from 2019
US Cattle Report by National Beef Wire
CATTLE IMPORTS: The United States has imported 1.29 million head of cattle from Mexico so far in 2020, up 11.3% from 2019
US Cattle Report by National Beef Wire
BEEF IMPORTS: The United States has imported 2.48 billion pounds of beef so far in 2021, down 6.2% from 2020. The United States has imported the most beef so far in 2021 from Canada followed by Mexico and New Zealand (VIEW REPORT)
US Cattle Report by National Beef Wire
BEEF EXPORTS: The United States has exported 186 million pounds of beef to CHINA so far in 2021, up 1178% from 2020 (VIEW REPORT)
US Cattle Report by National Beef Wire
U.S. BEEF EXPORTS BY COUNTRY: The United States has exported 2.58 billion pounds of beef so far in 2021, up 21% from 2020. The United States has exported beef to 115 different countries so far in 2021 (VIEW REPORT)
US Cattle Report by National Beef Wire
QuickTake: China produces more than 100 billion pounds of 10 different foods: Corn, Rice, Vegetables, Wheat, Sugarcane, Potatoes, Cucumbers, Tomatoes, Watermelons & Sweet Potatoes
Quick Takes
DROUGHT MONITOR: Amidst the wild and devastating weather week, drought mostly held at status quo. The West saw some improvements, and the Southern Plains saw degradations, with mostly small changes elsewhere (VIEW REPORT)
Weather
U.S. Drought Monitor - Midwest could actually use some dryness and warmth to get the fields primed for spring preparation and planting
Market Update
DROUGHT MONITOR: 217.8 million acres of crops in U.S. are experiencing drought conditions this week, unchanged from last week, up 8.5% from last month
Weather