Commodity Markets Center

Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, oil 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

Cattle herd expansion has ended
Cyclical Herd Expansion Over; Record Beef Production In 2020

The Cattle report issued by USDA confirms that cyclical herd expansion in the U.S. is over.  The numbers indicate that while cattle inventories have stopped growing no major liquidation is underway. 

10 months ago
Feedlot inventories at a peak
Derrell Peel: Large Feedlot Inventories To Start 2020

The latest monthly cattle on feed report showed the January 1 inventory in feedlots (over 1,000 head) at 11.958 million head, 102.3 percent of one year ago.  This is the largest January on-feed total since 2008.

10 months ago
Derrell Peel: Hay Stocks Up From Last Year But Still Below Average

Weather challenges in 2019 led to many questions about the quantity and quality of hay production and supply heading into 2020.

10 months ago
Wildfires
Derrell Peel: Australian Fires Impact On Cattle And Beef

Widespread wildfires mean Australian cattle and beef production will be reduced for the foreseeable future and rebuilding, whenever it can begin, will take several years.

10 months ago
Feeder cattle
Derrell Peel: Cattle Market Factors To Watch In 2020

The new year brings with it several changes in ongoing market dynamics, some new opportunities, and some new risks and continuing challenges for cattle and beef markets.

11 months ago
Feed costs are the majority of ranch variable costs.
Derrell Peel: Take Stock And Look Forward

No matter how cow-calf producers judge the past year – good, just okay or disappointing – there is value in taking some time to analyze the reasons for the outcome.

11 months ago
Sharply higher carcass weights recently have boosted beef production.
Derrell Peel: Strong Finish For 2019 Beef Production

Sharply higher carcass weights have boosted beef production, though another round of winter weather hitting parts of cattle feeding country may temper that in the last few weeks of the year. 

11 months ago
Beef exports lag 4.2% so far in 2019.
Derrell Peel: Beef Exports Struggling And Imports Steady In 2019

Beef exports were down 9.0 percent in October compared to last year, contributing to a 4.2 percent year over year decrease in beef exports for the first ten months of 2019.

11 months ago