100-Dollar-Ideas
Merck says benefits and safety of Zilmax are “well documented.”
The drought areas of Iowa increased by eight percentage points from last week.
Still reflects more than half of continuous U.S. covered by drought.
As a result, beef supplies will be reduced for several years.
Report expected to show all categories below year-ago levels.
But a large drought footprint will remain in place across the western states.
Forecast raises concerns about planting delays.
Chip Flory and Brian Grete discuss the market’s price discovery process.
While drought improved in many areas, the Southern Plains saw slight expansion.
Texas moves backwards, with 12.88% of the state covered by exceptional drought.
Seasonal Drought Outlook calls for some drought improvement across areas of the Plains.
Traders look for On Feed to come in below year-ago levels.
Report showed all categories on the bearish side of expectations.
Forecast calls for below-normal precip for bulk of Corn Belt.
Normal precip expected across most of the Corn Belt.
Drought Monitor reflects 60.21% of the nation still covered by some form of drought.
Drier conditions expected in the western Corn Belt, while wet condition to continue in the eastern Belt.
Rains the next two months set the stage for grazing season.
But a majority of the country is still covered by some form of drought.
All categories seen below year-ago levels.
Seasonal Drought Outlook a broken record for Southern Plains.
Cooler-than-usual conditions to linger into month’s end.
Drought monitor notes that 34.96% of contiguous U.S. is drought-free -- little changed from last week.
This should help cattle futures to rebound next week.
Meteorologist Gail Martell provides her weather insight.
January pork and beef trade data are illustrative the opportunities & challenges ahead.