Livestock and Grain Markets, Prices & Futures
Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, and more and stay on top of what’s going on in the markets. Cash price reflects the USDA Chicago terminal.
Latest News from Markets
Iowa Senator Chuck Grassley asks Ag Secretary Sonny Perdue to publicly release findings from USDA’s investigation into beef pricing margins following the fire at Tyson’s plant in Holcomb, Kansas.
Tyson’s cooperation in the DOJ investigation of price fixing and bid rigging in the broiler industry is part of a request for formal leniency under the agency’s Corporate Leniency Program.
This first full-week following the Memorial Day holiday delivers signals cattle markets may see a second wave of downward pressure, the after-shocks of the COVID-19 earthquake.
Missouri lawmakers told a hearing in Jefferson City last week they hope to form a working group to explore the idea of helping secure a beef harvest and processing facility in the state.
A Brazilian Superior Court ruled Tuesday Joesley and Wesley Batista can return to positions of management at J&F Holding, the parent company of JBS SA, the world’s largest meat packer.
Barring a major setback, it appears that America’s beef markets are moving past the worst of the COVID-19 disruptions that have caused upheaval in recent weeks.
“A lot of folks think we should mandate with a law—a federal LAW, mind you, because those always work out so well—that more feeders sell in the cash market. But tying feeders’ hands like this isn’t the answer.”
The President made a broad statement Tuesday about cattle imports, asking USDA Secretary Sonny Perdue to look into terminating bringing in cattle from other countries. However, a decision could come with consequences.
Industry analysts say there is a 1 million head backlog of cattle waiting for a harvest slot, and working through those heavy front-end supplies could take months.
Harvest numbers continue to improve as more plants ramp up leading to a steep decline for wholesale beef prices. Feeder cattle saw moderate demand and higher prices.