Analysts are watching trends in the Consumer Price Index and what they might mean for meat demand going forward.
- Aaron Viner
As the holidays approach, U.S. farmers are hoping to see a Christmas present in the form of added demand and increased exports.
- Benjamin Herrold
U.S. beef exports to China have been on the rise since the middle of last year, with beef going to China at a much higher rate than historical trends.
- Benjamin Herrold
Analysts are watching trends in feeding cattle, including the recent decline in average days of feed, to see how that might impact cattle markets.
- Aaron Viner
Soy markets have been charging in recent days, and analyst Karl Setzer thinks this might be a good opportunity for producers.
AMES, Iowa — As harvest approaches, Chad Hart, associate professor of economics at Iowa State University, urged Iowa farmers to watch their costs and be patient as they face a difficult market for corn and soybeans.
Editor’s note: The following was written by Lee Schulz, Iowa State University Extension livestock economist, for the university’s August Iowa Farm Outlook newsletter.
Editor’s note: The following was written by Chad Hart, Iowa State University Extension crop marketing specialist, for the university’s August Iowa Farm Outlook newsletter.
Editor's note: This is a commentary by Tom Jackson, U.S. regional economics manager for IHS Markit, a London-based information and analysis company.
- By MARK CONLON, For Farm & Ranch Guide
While the CME Group has traded futures corn contracts mostly lower, farmers are likely seeing better local corn prices than they’ve seen in the last few months.
- By Frank Petricca, The Price Futures Group
Frank Petricca is a branch manager and account executive with The Price Futures Group in St. Charles, Ill. He focuses on long-term approaches to commodity markets.
- By Brian Hoops, president and senior market analyst, Midwest Market Solutions
CORN — ANALYSIS — Corn closed the week 6 1/2 cents lower. Last week, private exporters reported sales of 195,000 mts of corn to an unknown destination and 597,464 mts to Mexico.
- Dennis Smith For Agri-View
The hog and pig numbers outlined show cautious expansion and confirm record-large production for next year. But a cautious approach to expansion is key and no aspect of this report represents a bearish surprise. I’d call it friendly.
- By Frank Petricca, The Price Futures Group
Frank Petricca is a branch manager and account executive with The Price Futures Group in St. Charles, Ill. He focuses on long-term approaches to commodity markets.
The current price structure of corn and soybean futures markets indicate positive carry in both markets. That raises the question of whether producers should make decisions about grain sales. The decision by producers to store corn or soybeans should be determined by the returns to storage.
- By Frank Petricca, The Price Futures Group
Frank Petricca is a branch manager and account executive with The Price Futures Group in St. Charles, Ill. He focuses on long-term approaches to commodity markets.
- Brian Hoops for the Tri-State Neighbor
CORN
- Brian Hoops for the Tri-State Neighbor
Corn closed the week 4 3⁄4 cents lower. Private exporters reported 135,000 metric tons to an unknown destination.
- Brian Hoops for the Tri-State Neighbor
Corn closed the week 14 3⁄4 cents lower. Private exporters did not report any private sales.
- Brian Hoops for the Tri-State Neighbor
Corn closed the week 10 3/4cents higher. Private exporters reported sales of 157,300 metric tons to Mexico.
- Bob Cropp, Professor Emeritus University of Wisconsin-Extension
Milk prices bottomed out in April.
- Brian Hoops for the Tri-State Neighbor
Corn closed the week 25 1⁄4 cents lower. Private exporters did not report any sales.
- By Brian Hoops
Corn closed the week 3 3⁄4 lower. Private exporters reported sales of 130,000 metic tons to an unknown destination and 120,000 metric tons of corn to Mexico.
Editor’s note: The following was written by Darrel Good, Todd Hubbs and Scott Irwin, University of Illinois ag economists, for the university Farmdoc Daily website.
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