Corn futures are facing technical resistance. The yellow grain market continued its general rally Tuesday in the wake of the US production cut indicated on the January 12 USDA reports, with talk of South African drought
Crop markets are responding well to stock gains. Despite talk that South American growers look likely to get considerable rain over the short term, the crop markets seemed to rally in concert with the equity indexes Mon
Israel has reopened to U.S. beef for the first time since December 2003. Israel was one of many countries to suspend imports of U.S. beef following confirmation of the first BSE case in the United States, and is one of
Corn closed higher Friday, finding support above its 20 day moving average for the first time in 30 plus days. Soybean futures retreated back below their 100 day moving average dropping 0.5% on Friday's close.
Cattle futures have taken another turn over the past two weeks as prices have drifted lower, correcting the big December 17-24 advance. So far, February futures have corrected 50% of the rally on this week's pullb
In November, following nearly two decades of debate and discussion, the U.S. Food and Drug Administration (FDA) approved a genetically modified salmon, called the AquAdvantage, for human consumption. It is the first gen
The monthly average price of corn received by U.S. farmers exceeded $4.00 per bushel for 46 consecutive months from September 2010 through July 2014. The simple average of those monthly prices was $5.85, in a range of $
Soybean futures set back from recent gains Wednesday night. Recent news has been very supportive, with CONAB cutting its forecast for Brazil's forthcoming crop Tuesday morning, and the USDA reducing its estimate o
What goes up must come down! That is exactly what has happened to cattle prices, but the task now is determining where the market is headed in 2016 and beyond. As is the normal procedure, taking a look backwards will he
After slicing more than 50% off the monstrous losses found a month ago, cattle feeders saw their margins slip $43 per further into the red last week with $2 per cwt. lower bids. Closeouts revealed a $383 per head loss o
In a new report, the Government Accounting Agency (GAO) outlines the current lack of information on the use of animal-drug compounding, and calls on the FDA to modify its policies regarding compounded drugs.
Corn for grain production is estimated at 13.6 billion bushels, down slightly from the November forecast and down 4 percent from the 2014 estimate. The average yield in the United States is estimated at 168.4 bushels pe
Corn stored in all positions on December 1, 2015 totaled 11.2 billion bushels, up slightly from December 1, 2014. Of the total stocks, 6.83 billion bushels are stored on farms, down 4 percent from a year earlier. Off-fa
The latest international trade data for November confirms that the trade picture for beef and cattle is recovering from the dramatic changes in recent months. A variety of factors contributed to the adjustments in beef