CORN FACT: 20 states produced over 100 million bushels of corn in 2016
MarketWATCH
CORN FACT: Iowa, Illinois, Nebraska, & Minnesota accounted for 54% of the corn produced in the U.S. in 2016
MarketWATCH
Nebraska, Texas & Kansas accounted for 43% of the gross income for cattle in the United States in 2016
MarketWATCH
The highest monthly cow price in history was in August 2014 at $121/cwt.
MarketWATCH
The highest price for choice boxed beef in 2016 was $235.32
MarketWATCH
Gross income for cattle in Texas dropped $3 billion in 2016 from 2015
MarketWATCH
Nebraska has the top three beef cow counties in the U.S., including the nation’s No. 1 cow county – Cherry County
MarketWATCH
Crude oil prices averaged $52 per barrel in April, $1 higher than the March
MarketWATCH
Retail Beef Price Composite (RBPC) was at $5.23 in April, up 5 cents from the month prior
MarketWATCH
Retail ground beef prices drop 4 cents in April to $3.55
MarketWATCH
BEEF EXPORTS: USDA reports sales to Japan this week at 19.2 million pounds, compared to 6.2 million pounds last week
Exports
BEEF EXPORTS: USDA reports sales to South Korea this week at 5.3 million pounds, compared to 16.3 million pounds last week
Exports
BEEF EXPORTS: USDA reports sales to Mexico this week at 1.8 million pounds, compared to 3.3 million pounds last week
Exports
Antegra Corn: Remember – the highest the Dec contract has been in nearly a year happened during a crop report!
Grain Network
USDA reports pork carcass on Tuesday AM at $78.74, up $1.58
MarketWATCH
USDA reports choice boxed beef on Tuesday AM at $227.54, down 3 cents
Price Blaster
USDA reports the choice/select spread on Tuesday AM at $21.02, down 2.10
Price Blaster
CROP PROGRESS: 97% of the corn in the U.S. had been planted by June 3rd, compared to 92% last week and 95% last year
Corn
CATTLE EXPORTS: The United States has exported 1 head of cattle to China so far in 2018
Exports
CATTLE TRADE: Negotiated cash trade on Thursday in Nebraska has been light on moderate demand with some early dressed sales at 175.00
MarketWATCH
CROP PROGRESS: 96% of the corn in the U.S. had matured by October 14th, compared to 93% last week and 89% last year
Corn
The highest choice boxed beef has been in 2018 was $232.68
Beef
Choice boxed beef has averaged $218.62 so far in 2018
Beef
The daily drop has traded between $9.35-$10.86 so far in 2018
Beef
The highest the pork carcass cutout has been in 2018 was $83.38
MarketWATCH
The lowest choice boxed beef has been in 2018 was $204.86
Beef
The highest the daily drop has been in 2018 was $10.86 compared to $12.11 in 2017
Beef
CATTLE ON FEED: This is the highest October 1 inventory since the series began in 1996
Cattle on Feed
CATTLE TRADE: Compared to last week in the Southern Plains, live sales in the Texas Panhandle traded mostly 1.00 higher, with Kansas sales 1.00-2.00 higher at 118.00 in both regions
MarketWATCH
Record U.S. crude production weighs on oil prices (@Reuters)
Energy
BEEF EXPORTS: Weekly sales have averaged 16,801 metric tons so far in 2018, compared to 13,900 mt in 2017
Exports
Tech Bulletin - Evaluation of Cattlyst®+Aureomycin® or Rumensin®+Tylan® With and Without Actogain™ as Feeding Strategies in Finishing Steers
Zoetis
The signs of BRD may vary depending on the animal’s age, the organisms involved and the severity of disease
Zoetis
3 Steps to Stay Ahead of BRD Challenges - Bill Gallery, co-owner of Gallery Ranch in Oklahoma
Zoetis
Proven to deliver superior efficacy for successful BRD control right from the start, only DRAXXIN®
Draxxin
WORLD CORN: EU production projected at 60.72 million metric tons, up 320K metric tons from last month
World Ag News
WORLD CORN: China production projected at 257.33 million metric tons, up 1.33 million metric tons from last month
World Ag News
WORLD CORN: World production projected at 1.099 billion metric tons, down 301K metric tons from last month
World Ag News
WORLD CORN: Brazil production projected at 94.5 million metric tons, unchanged from last month
Brazil
WORLD CORN: U.S. ranked 1st in production followed by China, Brazil, EU, Argentina & the Ukraine
World Ag News
WORLD CORN: Foreign corn production is forecast higher with increases for Argentina, China, and Ukraine more than offsetting reductions for South Africa and Mexico
World Ag News
WORLD CORN: Argentina production projected at 46 million metric tons, up 3.5 million metric tons from last month
World Ag News
WORLD CORN: Global corn production is down this month as reductions for the United States, Mexico, and South Africa slightly offset larger crops for Argentina, China, and Ukraine
World Ag News
WORLD CORN: In Southeast Asia, Vietnam and Malaysia lead the region in corn imports, driven by strong consumer demand for pork and poultry, respectively
World Ag News
WORLD SOYBEANS: World production projected at 360.99 million metric tons, down 8.21 million metric tons from last month
World Ag News
WORLD SOYBEANS: Brazil production projected at 117 million metric tons, down 5 million metric tons from last month
World Ag News
WORLD SOYBEANS: Argentina production projected at 55 million metric tons, down 500K metric tons from last month
World Ag News
WORLD SOYBEANS: China production projected at 257.33 million metric tons, up 1.33 million metric tons from last month
World Ag News
WORLD SOYBEANS: The United States is projected to be the largest producer of soybeans in the world followed by Brazil, Argentina, China & India
World Ag News
WORLD SOYBEANS: Production for Brazil is lowered 5 million tons to 117 million due to dryness in parts of the South and Center-West regions
World Ag News
WORLD SOYBEANS: Global soybean production is lowered 8.2 million tons to 361.0 million with lower crops for Brazil, Argentina, Paraguay, Uruguay, and South Africa
World Ag News
WORLD SOYBEANS: U.S. soybean export bids in January, FOB Gulf, averaged $346/ton, up $5 from December and $17 from November
World Ag News
WORLD SOYBEANS: U.S. soybean meal export bids in January, FOB Gulf, averaged $348/ton, down $4 from December while $2 above November
World Ag News
WORLD WHEAT: The European Union is projected to be the largest producer of wheat in the world followed by China, India, Russia & the United States
World Ag News
WORLD WHEAT: China production projected at 131.43 million metric tons, down 1.072 million metric tons from last month
World Ag News
WORLD WHEAT: India production projected at 99.7 million metric tons, unchanged from last month
India
WORLD WHEAT: Russia production projected at 71.6 million metric tons, up 1.6 million metric tons from last month
Russia
WORLD WHEAT: World production projected at 734.745 million metric tons, up 1.331 million metric tons from last month
World Ag News
WORLD WHEAT: European Union production projected at 137.6 million metric tons, unchanged from last month
World Ag News
WORLD WHEAT: World production for the 2018/19 market year is raised 1.3 million tons, led by a 1.6-million-ton increase for Russia, a 0.6-million-ton increase for Brazil, and a 0.5-million-ton increase for Paraguay
World Ag News
WORLD WHEAT: Overall, U.S. wheat prices were up at the end of January as export prospects improved amidst ideas of tighter international supplies
Wheat
Canada cattle slaughter (year-to-date) reported at 908K head, up 7.3% from last year
MarketWATCH
Total cheese production in March was 1.10 billion pounds, 2.7 percent above March 2017 and 11.6 percent above February 2018
Dairy
Italian type cheese production in March totaled 482 million pounds, 2.5 percent above March 2017 and 12.9 percent above February 2018
Dairy
Trade war entices farmers to switch acres to corn (@FarmFutures)
Corn
In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans
Trade
United States Wins WTO Dispute Finding China Provides Excessive Government Support to its Grain Producers
Grain Network
Pork production in 2019 is projected at 27.715 billion pounds, up 1.395 billion pounds from 2018
MarketWATCH
Broiler production in 2019 is projected at 43.37 billion pounds, up 721 million pounds from 2018
MarketWATCH
Red meat and poultry production in 2018 is projected at 102.526 billion pounds, down 81 million pounds from last month
Beef
Major to historic river flooding will continue across parts of the Mississippi and Missouri River Basins (WPC)
Weather
CATTLE INVENTORY: All cattle and calves in the United States as of January 1, 2019 totaled 94.8 million head, slightly above the 94.3 million head on January 1, 2018
Cattle Inventory
All cows and heifers that have calved, at 41.1 million head, were 1 percent above the 40.9 million head on January 1, 2018
Cattle Inventory
All heifers 500 pounds and over as of January 1, 2019 totaled 20.2 million head, slightly above the 20.2 million head on January 1, 2018
Cattle Inventory
Beef replacement heifers, at 5.92 million head, were down 3 percent from a year ago
Cattle Inventory
Milk replacement heifers, at 4.70 million head, were down 1 percent from the previous year
Cattle Inventory
Steers weighing 500 pounds and over as of January 1, 2019 totaled 16.6 million head, up 1 percent from January 1, 2018
Cattle Inventory
Bulls weighing 500 pounds and over as of January 1, 2019 totaled 2.26 million head, up slightly from January 1, 2018
Cattle Inventory
Calves under 500 pounds as of January 1, 2019 totaled 14.5 million head, up 1 percent from January 1, 2018
Cattle Inventory
Cattle and calves on feed for the slaughter market in the United States for all feedlots totaled 14.4 million head on January 1, 2019
Cattle Inventory
The 2018 calf crop in the United States was estimated at 36.4 million head, up 2 percent from last year's calf crop
Cattle Inventory
Calves born during the first half of 2018 were estimated at 26.6 million head, up 3 percent from the first half of 2017
Cattle Inventory
Calves born during the second half of 2018 were estimated at 9.80 million head, 27 percent of the total 2018 calf crop
Cattle Inventory
U.S., China Trade Talks Persist, While Flooding Compounds Stress on the Ag Economy (farmdoc)
University of Illinois
HOGS AND PIGS: Market hog inventory reported at 67.9 million head, up 2% from last year and down slightly from last quarter
Hogs
HOGS AND PIGS: U.S. inventory on March 1, 2019 was 74.3 million head, up 2% from last year and down slightly from last quarter
Hogs
HOGS AND PIGS: Breeding inventory reported at 6.35 million head, up 2% from last year, and up slightly from the previous quarter
Hogs
HOGS AND PIGS: The average pigs saved per litter was a record high of 10.70 for the December-February period, compared to 10.58 last year
Hogs
HOGS AND PIGS: TThe December-February 2019 pig crop reported at 33.0 million head, up 3% from last year
Hogs
Hay producers intend to harvest 53.1 million acres of all hay in 2019, up less than 1% from 2018. If realized, this will represent the 3rd lowest total hay harvested area since 1908
Grain Network
PROSPECTIVE PLANTINGS: Soybeans growers intend to plant 84.6 million acres in 2019, down 5% from last year
Soybeans
PROSPECTIVE PLANTINGS: All wheat planted area for 2019 is estimated at 45.8 million acres, down 4% from 2018
Wheat
GRAIN STOCKS: Oats stored in all positions on March 1, 2019 totaled 50.2 million bushels, 9 percent below the stocks on March 1, 2018
Grain Stocks
GRAIN STOCKS: Durum wheat stocks in all positions on March 1, 2019 totaled 74.1 million bushels, up 50 percent from a year ago
Grain Stocks
GRAIN STOCKS: Barley stocks in all positions on March 1, 2019 totaled 121 million bushels, down 7 percent from March 1, 2018
Grain Stocks
GRAIN STOCKS: Grain sorghum stored in all positions on March 1, 2019 totaled 193 million bushels, up 37 percent from a year ago
Grain Stocks
PROSPECTIVE PLANTINGS: Corn growers intend to plant 92.8 million acres of corn for all purposes in 2019, up 4% from last year. If realized, this will be the highest planted acreage since 2016
Corn
Midwest floods and chaos in Venezuela are making the seasonal rise in U.S. gas prices even more pronounced (@WSJ)
Energy
U.S. Soybean Exports to China Increased in February; Trade Negotiations Return to Washington, D.C (farmdoc)
University of Illinois
TODAY'S SALES: Joplin, Blue Grass, Central Livestock, F&T, Russell, Springfield, Southeast, Farmers Regional
Feeder Flash
Wake Up Call: Cattle futures ended in positive territory with support from signs of tightening supplies, overriding a seasonal trend that usually shows rising stocks ahead of the summer grilling season (Allendale)
Market Commentary
WEATHER FLASH: 83.47% of the U.S. is experiencing no drought, the highest on record since the series began in 2000
WEATHER FLASH
Steak, Round (Graded & Ungraded) prices reported at $5.63/lb. in January, unchanged from last month
Retail Beef Prices
2018 County Corn and Soybean Yields: Exceptional Yields in Central Illinois and the Eastern United States (farmdoc)
University of Illinois
BROILER HATCHERY: Hatcheries in the United States weekly program set 232 million eggs in incubators during the week ending February 23, 2019, up 2 percent from a year ago
Poultry
BROILER HATCHERY: Broiler growers in the United States weekly program placed 184 million chicks for meat production during the week ending February 23, 2019, up 2 percent from a year ago
Poultry
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
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)
MarketWATCH
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
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)
MarketWATCH
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
MARKETWATCH: 24/7 ag market coverage, today's reports, commentary, weather, charts and much more...
MarketWATCH
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
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
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
MarketWATCH
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 - Ag Manager
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
CME Group Sets a Number of Volume, Open Interest Records in Agricultural and Interest Rate Products
AgToday
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
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
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)
MarketWATCH
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
July corn futures set a new high of $4.42 per bushel, the highest for the most-active contract since July 2015 (@kannbwx)
Corn
"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)
MarketWATCH
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)
MarketWATCH
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
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
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
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
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)
MarketWATCH
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
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
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
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: 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
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
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
Total cattle imports in July were down 4.1 percent with year to date total cattle imports up 14.7 percent year over year for the January through July period (Peel)
Cow-Calf Today
Data for July showed that monthly cattle imports from Mexico were down 7.4 percent compared to July, 2018 (Peel)
Cow-Calf Today
July cattle imports from Canada were up 2.5 percent year over year, contributing to a 19.0 percent year to date increase in total Canadian cattle imports for the first seven months of this year (Peel)
Cow-Calf Today
Canadian slaughter cattle imports thus far in 2019 are up 26.7 percent year over year and include 66.2 percent slaughter steers and heifers and 33.8 percent slaughter cows and bulls (Peel)
Cow-Calf Today
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
Chinese President to visit Brazil in November. China will buy more Ag products from Brazil... (@AgsPlayers)
China
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
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
Year to date total receipts on this report tallied 10.066 million head, 4.4 percent below a year ago and 0.4 percent below the previous five-year average
Feeder Cattle
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)
MarketWATCH
NOPA August crush: 168.085 million bushels of soybeans. Easily record for month, 7th largest month all-time... (@kannbwx)
Soybeans
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
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
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
CME PRICE FLASH: Live Cattle: $99.80 (-0.575); Feeder Cattle: $139.95 (+0.075); Corn: $3.7275 (+1.50)
MarketWATCH
DROUGHT MONITOR: 65.81% of the Continental U.S. experiencing no drought, compared to 68.97% last week and 49.67% last year
Weather
DROUGHT MONITOR: 0.32% of the Continental U.S. experiencing "extreme to exceptional drought" (D3-D4), compared to 0.31% last week and 7.21% last year
Weather
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
Weekly red meat production reported at 1.08 billion pounds, the highest so far in 2019
Meat Production
When all is said and done, the slaughter facility fire has done very little to negatively influence beef production (Andrew Griffith)
University of Tennessee
The 5-Area weighted average prices LAST YEAR were $110.65 live and $174.81 dressed
University of Tennessee
The December live cattle contract does not hold much promise and even the February and April contracts leave a lot to be desired (Andrew Griffith)
University of Tennessee
Boxed beef prices should continue to be tempered through October before any beef buyers begin to aggressively purchase for holiday needs (Andrew Griffith)
University of Tennessee
Producers who can hold on to calves through the fall run may do well to add weight and market calves in December or January (Dr. Andrew Griffith)
University of Tennessee
FEEDER CATTLE: Weekly DIRECT receipts reported at 78,100, compared to 73,500 last week and 114,500 last year
Salebarn Network
FEEDER CATTLE: VIDEO receipts this week reported at 32,100 head, compared to 122,000 last week and 40,000 last year
Salebarn Network
FEEDER CATTLE: Weekly AUCTION receipts reported at 158,500 head, compared to 176,400 last week and 175,800 last year
Salebarn Network
FEEDER CATTLE: TOTAL receipts this week reported at 268,700 head, compared to 371,900 last week and 330,300 last year
Salebarn Network
USDA reports steer calves (500-600#) in Southeast Region at $131.63, compared to $132.09 last week and $151.85 last year
Feeder Cattle
USDA reports steers (500-600#) in South Central Region at $145.46, compared to $142.74 last week and $166.81 last year
Price Blaster
USDA reports steers (600-700#) in North Central Region at $151.89, compared to $147.21 last week and $167.37 last year
MarketWATCH
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
Silage choppers are in full swing across the Northern Plains now and some feedlots are getting ready to start piling high moisture corn in Nebraska
Feeder Cattle
The amount of forage available this summer and early fall have left many cow-calf producers in no hurry to wean and sell calves
Feeder Cattle
As grass has been abundant, and no frost yet, there has been no need to pull yearlings off grass and get them sold before they start to lose pounds without supplemental feed
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
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 CATTLE: Live cattle futures closed sharply higher to start the week, posting their highest closes since the Tyson fire of nearly six weeks ago
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 CATTLE: Higher cash last week along with the friendly on feed report has some shorts running for the sidelines
Morning Cattle Report
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 CATTLE: Asking prices of $105-$108 are on the table, with some looking for even higher advancement
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
SCHWIETERMAN CORN: Harvest was reported at 7% complete vs. 11% on average and yield reports remain variable
Market Commentary
SCHWIETERMAN FEEDER CATTLE: The index is still 2.00 below the board, but expecting solid gains into weeks' end
Morning Cattle Report
STEER TRACKER: The average paid on Tuesday for the top 25 steer strings ($141.31) was $0.06 higher than the nearby CME September futures ($141.25)
Morning Cattle Report
STEER TRACKER: The average price paid on Tuesday for the top 25 steer strings (700-899#) was $141.31, compared to $140.94 on Monday
Morning Cattle Report
STEER TRACKER: The 2nd largest string sold on Tuesday was 118 steers (758#) from Fredonia, Kansas at $145.75
Morning Cattle Report
STEER TRACKER: The largest string sold on Tuesday was 121 steers (793#) from Imperial, Nebraska at $143.60
Morning Cattle Report
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
TOP 25: The average price paid for the largest steer and heifer strings sold on Tuesday was $132.87
Morning Cattle Report
TOP 25: The 2nd largest steer and heifer string sold on Tuesday was 210 heifers (836#) from Riverton, Wyoming at $133.75
Feeder Flash
TOP 25: The largest steer and heifer string sold on Tuesday was 213 steers (1003#) from West Plains, Missouri at $126.35
Price Blaster
On the Plains, showers are occurring across both northern and southern sections of the region
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
Winter wheat planting was significantly behind schedule in South Dakota (24% planted vs. 45% on average) and Montana (15% planted vs. 32% on average)
Weather
Despite the favorable conditions, only 29% of the U.S. corn crop was fully mature by September 22—the least amount of progress on that date since 2009, when 26% was mature
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
MarketWATCH
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 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
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
Barrow and gilt prices in 2019 are projected at $49.50, down $1.50 from last month
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
Weekly cattle slaughter reported at 658K head, compared to 629K last week and 653K 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: U.S. sales (year-to-date) reported at 1.66 billion pounds in 2019, up 1.4% from last year
Beef
BEEF EXPORTS: South Korea was the largest buyer this week with 8.8 million pounds, accounting for 24% of total sales
Cattle Network
CATTLE FLASH: Live cattle weights reported this week at 1,346 lbs., up 4 lbs. from last week, down 16 lbs. from last year
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
BEEF FLASH: Weekly beef production has averaged 514.4 million pounds over the past 10 weeks
Meat Production
BEEF FLASH: Weekly beef production reported at 536.6 million pounds, up 4.8% from last week, down 0.8% from last year
BEEF FLASH
CATTLE FLASH: The estimated daily cattle slaughter has averaged 116,330 head so far in 2019
Cattle Network
Weekly hog slaughter reported at 2.587 million head, down 0.9% from last week, up 10.8% 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 pork production reported at 539.8 million pounds, down 0.6% from last week, up 11.1% from last year
Meat Production
Weekly red meat production reported at 1.08 billion pounds, up 2.1% from last week, up 4.8% from last year (highest 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
The United States has produced 19.2 billion pounds of beef and 19.4 billion pounds of pork so far in 2019
Meat Production
Weekly beef production has been under 500 million pounds 26 times in the last 88 weeks
Meat Production
CATTLE FLASH: Weekly cattle slaughter reported at 658K head, up 4.6% from last week, up 0.8% from last year
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
Ethanol production for week ending September 6th totaled 1.023 million barrels per day, an 10,000-barrel increase when compared to the week prior
Ethanol
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
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: Canada and Mexico have accounted for roughly 95% of U.S. cattle exports so far in 2019
Exports
BEEF EXPORTS: Japan is the top destination for U.S. beef exports so far in 2019 followed by South Korea & Mexico
Beef
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
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
MILK PRODUCTION: New York production reported at 1.261 billion pounds, up 22 million pounds from last year
Dairy
MILK PRODUCTION: Kansas production reported at 316 million pounds, up 8 million pounds from last year
Dairy
MILK PRODUCTION: California accounted for roughly 19.5% of the milk produced in the United States in October
Dairy
MILK PRODUCTION: Idaho production reported at 1.31 billion pounds, up 29 million pounds from last year
Dairy
MILK PRODUCTION: California production reported at 3.411 billion pounds, up 94 million pounds from last year
Dairy
MILK PRODUCTION: Wisconsin production reported at 2.566 billion pounds, up 26 million pounds from last year
Dairy
MILK PRODUCTION: Texas production reported at 1.142 billion pounds, up 97 million pounds from last year
Dairy
MILK PRODUCTION: The number of milk cows on farms in the 24 major states was 8.81 million head, 1,000 head less than October 2018, but 5,000 head more than September 2019
Dairy
MILK PRODUCTION: Production per cow in the 24 major states averaged 1,964 pounds for October, 33 pounds above October 2018
Dairy
MILK PRODUCTION: Production in the 24 major states during October totaled 17.3 billion pounds, up 1.7 percent from October 2018
Dairy
MILK PRODUCTION: Production in the United States during October totaled 18.1 billion pounds, up 1.3 percent from October 2018
Dairy
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.
MarketWATCH
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.
MarketWATCH
WASDE WHEAT: The outlook for 2019/20 U.S. wheat is for decreased supplies, higher exports, and lower ending stocks
WASDE
WASDE WHEAT: Wheat imports are lowered 15 million bushels to 105 million on a slower than expected pace to date, if realized, these would be the lowest imports in nine years
WASDE
WASDE WHEAT: With reduced supplies and higher use, 2019/20 ending stocks are cut 40 million bushels to 974 million, the lowest in 5 years
WASDE
WASDE LPD: For 2020, the total red meat and poultry forecast is increased from last month as higher broiler production more than offsets a lower beef production forecast
WASDE
WASDE LPD: Beef imports for 2019 and 2020 are raised from last month on trade data to date and expectations that demand for processing-grade beef will remain strong
WASDE
WASDE LPD: Pork export forecasts for 2019 and 2020 are lowered to reflect slower-than-previously expected growth in exports to several markets although the recent trade agreement with Japan is expected to mitigate the decline
WASDE
WASDE DAIRY: The 2019 and 2020 fat basis import forecasts are lowered largely on lower expected imports of butterfat products
WASDE
WASDE SOYBEANS: The U.S. season-average soybean price for 2019/20 is forecast at $8.85 per bushel, down 15 cents
WASDE
WASDE SOYBEANS: Global 2019/20 soybean exports are reduced 0.6 million tons to 149.0 million on a lower forecast for Argentina
WASDE
WASDE CORN: The season-average corn price received by producers is unchanged this month at $3.85 per bushel
WASDE
WASDE CORN: Foreign corn production is forecast higher with increases for China and Bolivia more than offsetting a reduction for Canada
WASDE
CORN BALANCE SHEET: Yield per harvested acre projected at 167 bushels, unchanged from last month
WASDE
CORN BALANCE SHEET: Total supply projected at 15.825 billion bushels, unchanged from last month
WASDE
WHEAT BALANCE SHEET: Area harvested projected at 37.2 million acres, unchanged from last month
WASDE
WHEAT BALANCE SHEET: Yield per harvested acre projected at 51.7 bushels, unchanged from last month
WASDE
WHEAT BALANCE SHEET: Exports projected at 975 million bushels, up 25 million bushels from last month
WASDE
WHEAT BALANCE SHEET: Total supply projected at 3.105 billion bushels, down 15 million bushels from last month
WASDE
SOYBEAN BALANCE SHEET: Total supply projected at 4.483 billion bushels, unchanged from last month
WASDE
SOYBEAN BALANCE SHEET: Area harvested projected at 75.6 million acres, unchanged from last month
WASDE
SOYBEAN BALANCE SHEET: Yield per harvested acre projected at 46.9 bushels, unchanged from last month
WASDE
SOYBEAN BALANCE SHEET: Production projected at 3.55 billion bushels, unchanged from last month
WASDE
BEEF BALANCE SHEET: Beef imports for 2019 are projected at 3.046 billion pounds, up 86 million from last month
WASDE
BEEF BALANCE SHEET: Total use (consumption) for 2019 is projected at 27.211 billion pounds, up 241 million pounds from last month
WASDE
BEEF BALANCE SHEET: Beef exports for 2019 are projected at 3.074 billion pounds, down 30 million pounds from last month
WASDE
BEEF BALANCE SHEET: Beef production for 2019 is projected at 27.202 billion pounds, up 100 million pounds from last month
WASDE
Red meat production in 2019 is projected at 55.142 billion pounds, up 175 million pounds from last month
WASDE
Broiler production in 2019 is projected at 43.37 billion pounds, up 100 million pounds from last month
WASDE
BEEF BALANCE SHEET: Per capita beef consumption for 2019 is projected at 57.8 pounds, up .5 from last month
WASDE
WASDE SOYBEANS: China’s soybean production is projected up 1.0 million tons to 18.1 million reflecting higher area and yield
WASDE
WASDE LPD: The cattle price forecast is raised for fourth-quarter 2019 based on recent data and the strength is expected to carry into 2020
WASDE
BEEF BALANCE SHEET: The U.S. beef supply for 2019 is projected at 30.91 billion pounds, up 186 million pounds from last month
WASDE
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
The USDA reported whole cottonseed (California -T) at $330.00, compared to $330.00 last week and $312.50 last year
Feedstuffs
The USDA reported high protein soybean meal (Kansas City -T) at $289.05, compared to $284.00 last week and $298.90 last year
Feedstuffs
The USDA reported cottonseed meal (Kansas City -T) at $297.50, compared to $297.50 last week and $292.50 last year
Feedstuffs
The USDA reported linseed meal (Minneapolis R-T) at $235.00, compared to $227.50 last week and $225.00 last year
Feedstuffs
The USDA reported sunflower meal (Minneapolis R-T) at $182.50, compared to $172.50 last week and $187.50 last year
Feedstuffs
The USDA reported soybean oil (Central Illinois R-T) at $31.01, compared to $29.32 last week and $28.66 last year
Feedstuffs
The USDA reported yellow grease (Minneapolis -T) at $19.75, compared to $22.00 last week and $19.13 last year
Feedstuffs
The USDA reported corn gluten feed (Kansas City -T) at $198.50, compared to $198.50 last week and $177.50 last year
Feedstuffs
The USDA reported 60% protein corn gluten meal (Midwest -R) at $395.00, compared to $387.50 last week and $472.50 last year
Feedstuffs
The USDA reported hominy feed (Illinois Pts -T) at $108.00, compared to $112.00 last week and $98.00 last year
Feedstuffs
The USDA reported wheat millrun (Portland -T) at $190.00, compared to $205.00 last week and $150.00 last year
Feedstuffs
The USDA reported wheat middlings (Kansas City -R) at $133.50, compared to $133.50 last week and $135.00 last year
Feedstuffs
The USDA reported DDG's (Kansas -T) at $157.50, compared to $157.50 last week and $175.00 last year
Feedstuffs
The USDA reported DDG's (Nebraska -T) at $156.00, compared to $156.50 last week and $157.50 last year
Feedstuffs
The USDA reported sun-cured alfalfa pellets (Kansas City -T) at $244.50, compared to $244.50 last week and $257.00 last year
Feedstuffs
The USDA reported high protein feather meal (Minneapolis R-T) at $350.00, compared to $367.50 last week and $502.50 last year
Feedstuffs
The USDA reported corn oil (Midwest R-T) at $30.50, compared to $31.97 last week and $26.00 last year
Feedstuffs
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.
MarketWATCH
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.
MarketWATCH
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.
MarketWATCH
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 .
MarketWATCH
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.
MarketWATCH
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.
MarketWATCH
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.
MarketWATCH
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.
MarketWATCH
