Soybeans were higher on fund and technical buying. Soybeans had support from the mostly higher move in soybean meal and the higher finish to soybean oil, which had support from higher crude oil. This was the first business day since October 13 th that the... See more
September saw another sharp decline in cattle placements. The USDA says 1.78 million head of cattle were placed into feedlots, down 12 percent from a year ago and the lowest September total since the series began in 1996. The number also came in well belo... See more
At the Chicago Mercantile Exchange, live cattle were mostly lower, feeders were lower on profit-taking, waiting on direct business and Friday's On Feed report from the USDA. Direct cash cattle trade activity was quiet Thursday. However, with Friday's On F... See more
A livestock economist says the USDA's planned updates to cash cattle market reporting is a good move that will improve price transparency. David Anderson is with Texas A&M. 'USDA is bound by confidentiality rules, which means that they can't report da... See more
The USDA says it is investing more than $1.3 billion to expand fertilizer manufacturing in America. Ag Secretary Brooke Rollins says, 'The 8 selected projects announced today include new facilities and expansions of existing operations spanning 22 manufac... See more