Markets

Soggy weather stalls corn harvest yet again

Thanks to fickle weather, it’s been a slow start to the 2014 corn harvest with just 24 percent of harvest completed FULL STORY »

Farrow-to-finish margins hover around $60 per head

Farrow-to-finish margins were mostly steady last week, increasing less than 70 cents to $63.75 per head, according to the Sterling Pork Profit Tracker. FULL STORY »

Ag markets diverged significantly Tuesday

Corn futures reacted well to the Export Inspections data. Talk of harvest delays and production losses appeared to boost the corn market again Tuesday. FULL STORY »

Ag markets proved decidedly mixed Tuesday morning

Crop futures are reacting to the Export Inspections data. Talk of harvest delays and production losses appears to be supporting the corn market at this point. FULL STORY »

How many acres of corn are needed in 2015?

Providing direction for planted acreage requires anticipating the level of old crop inventories available for the upcoming marketing year, the magnitude of consumption during the upcoming marketing year, the likely average yield, and the desired level of year-ending stocks. For corn, these factors all currently suggest that fewer acres of corn will likely be needed in the U.S. in 2015. FULL STORY »

Ag markets posted an impressive showing Monday

Crop futures rallied strongly Monday. The corn and bean markets ended last week badly, but they staged an impressive comeback today. FULL STORY »

Doane Market Watch: Demand a major factor in hog, pork pricing

Hog slaughter totaled 2.09 million head in early-October. The indicated 5,000-head weekly decline was somewhat surprising, but the total still matched up well with the 5%-6% annual reductions the September 30 Hogs & Pigs report implied for early October. FULL STORY »

Heating costs projected lower for this winter

EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will decrease this winter heating season (October 1 through March 31) compared with last winter, which was 11% colder than the previous 10-year average nationally. FULL STORY »

Ag markets posted an across the board advance Monday morning

Crop futures are rebounding from last week’s lows. The grain markets fluctuated significantly last week, but they’re unanimously higher this morning. FULL STORY »

AFBF comments on USDA's harvest projections

The Agriculture Department’s much-anticipated October report on agricultural supply and demand for the 2014-2015 marketing year delivered few surprises today, the American Farm Bureau Federation said. FULL STORY »

Hog Outlook: Forecast of 2015 pork production up by 2.6 percent

The October WASDE made only minor changes to USDA's production and price forecasts for 2014 pork, but it increased their forecast of 2015 pork production by 2.6% and lowered their forecast of next year's average hog price by $4-$5/cwt. USDA is forecasting 51-52% lean hogs will average close to $77.60/cwt of live weight this year and between $63/cwt and $68/cwt next year. FULL STORY »

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