by ago_admin | Jul 23, 2024 | Uncategorized
Cattle/Livestock:- Cattle slaughter last week was down 3,000 head from the previous week and 7,000 head from the same period a year ago- Choice beef dropped $0.39 and Select beef dropped $0.47, with the Choice-Select spread at $15.11- Cash cattle prices averaged...
by ago_admin | Jul 17, 2024 | Uncategorized
Corn: Prices up $0.02-$0.03 Sept-24 peaked at $4, support at $3.90 Dec-24 trading between 4.08 1/4 and 413 1/4 Ethanol production increased to 1,106 thousand barrels per day (tbd), up 3.4% year-over-year 110.8 million bushels of corn used for ethanol, or 15.8 million...
by ago_admin | Jul 16, 2024 | Uncategorized
Grains: Corn crop rated 68% good/excellent, unchanged from last week Soybean crop rated 68% good/excellent, unchanged from last week US soybean yield forecast at over 53 bushels per acre, vs USDA 52 bushels Spring wheat crop 77% good/excellent, up 2% from previous...
by ago_admin | Jul 15, 2024 | Uncategorized
Livestock:- Cattle slaughter: 601,000 head, down 31,000 from a year ago- Hog slaughter: 2,386,000 head, up 1.1% from a year ago Cotton:- US production: 17 million bales, up from 16 million last month but below 17.6 million expected- US ending stocks: 5.3 million...
by ago_admin | Jul 12, 2024 | Uncategorized
Corn: Strong corn usage – biggest surprise in today’s report Old crop: Stocks: 1.877 billion bushels (down 145 million from June, 165 million below expectations) Usage increases: Feed: up 75 million bushels Export: up 75 million bushels 2024 Production:...
by ago_admin | Jul 12, 2024 | Uncategorized
Natural Gas:- Gas storage up 65 BCF from previous week, 556 BCF total- Storage up 9.7% from a year ago and 18.7% above 5-year average Cotton:- 18% of crop in drought area as of July 11, up from 16% two weeks ago and 15% a year ago- USDA expected to forecast 17.6...
