In the boxed beef markets, the cutout moved lower this week with the Choice cutout dropping $6.58 per hundredweight and the Select cutout decreasing $4.93.
Brian Hoops
Columnist
Total corn production was lowered to 15.143 billion bushels. This is still the largest yield and the second largest production figures in history.
Initial winter wheat condition ratings were the second lowest of the last 37 years.
Iowa and southern Minnesota weekly hog weights for week ending June 29 had weights at 284.4 pounds versus 287.1 pounds last week and 276.7 pounds last year.
In the weekly crop progress and conditions report, corn conditions fell 1% to 72% good and excellent versus 73% expected, 74% last week and 55% last year.
Corn exports remain seasonally strong, having averaged 58 million bushels per week over the last four weeks.
Ay 32.7 million bushels, soybean exports are again massively below last year’s same-week exports of 71 million bushels.
As farmers close the books on 2023, many of those spreadsheets are showing farm income came down significantly from the record highs of one ye…
U.S. corn exports, for the week ending Nov. 30 were 45.6 million bushels, easily a marketing year high so far.
