Cattle and hogs prices both moved higher last week and both enterprises posted profits on closeouts for the first time in several months.
Commodity brokerage INTL FCStone on Tuesday projected U.S. 2017 corn production at 13.590 billion bushels, with an average yield of 162.8 bushels per acre (bpa).
Cattle futures set record highs last week, while Choice cutout beef prices saw an increase.
In the midst of this year's fall calf crop marketing process it is useful to step back and note marketing prospects and options available to buyers and sellers of calves. For context note the current projected pr
Now is the time to consider rebuilding the herd, but holding onto cows could be risky.
Beef and cattle prices dropped this past week, but it's still a profitable time to be in the beef industry.
Packers have held leverage over cattle feeders for several weeks now and have been able to push prices lower.