Markets

Ag markets proved surprisingly changeable Thursday morning

Corn futures dipped on China talk Thursday morning. Corn futures followed soybeans higher Wednesday night and seemed likely to keep rising after the weekly Export Sales report stated the new-crop result far above expectations. FULL STORY »

Corn net sales plummet nearly 50%

The USDA’s latest Weekly Export sales report showed corn net sales of 291,500 metric tons (MT) for 2013-2014 reported for July 11-17. This is down 49 percent from the previous week and 21 percent below the prior four-week average. FULL STORY »

U.S. farmers resort to giant storage bags to avoid cheap sales

As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool - giant sausage-shaped storage bags - to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. FULL STORY »

Livestock futures tumble Wednesday morning

Corn futures remained under pressure Wednesday morning. FULL STORY »

USDA: Frozen pork supplies down 5%

According to the USDA's latest Cold Storage report, frozen pork supplies were down 5 percent from last year. FULL STORY »

Grains dipped Tuesday while the other markets climbed

Corn futures couldn’t sustain their Monday night bounce. The lack of change in corn ratings on Monday’s USDA Crop Progress report seemed to spark a technical rebound last night. FULL STORY »

Pork packer margins are back in the black

Farrow-to-finish margins were slightly up by $1 per head last week, hitting $111.27 the week ending July 18, according to the Sterling Pork Profit Tracker. FULL STORY »

Brumm Speaks Out: A new economic climate versus last year

Last week, I was at a production site working with production supervisors for a production system. While they spend every working day in production facilities directing the care of pigs and making individual pig marketing decisions, the supervisors really had not thought about the impact of today’s market prices on their contract producers. FULL STORY »

China's WH Group set to raise $2 billion in scaled-down IPO

WH Group Ltd is set to raise $2.05 billion in a scaled-down Hong Kong initial public offering, a person with direct knowledge said on Tuesday, the Chinese pork producer's second attempt to list this year after investors rebuffed a pricier deal. FULL STORY »

Cattle, soybeans climb Tuesday morning

Corn futures couldn’t sustain their Monday night bounce. The lack of change in corn ratings on Monday’s USDA Crop Progress report seemed to spark a technical rebound last night. FULL STORY »

Corn crop in best shape in 21 years

As of July 20, 76 percent of the country’s corn is in good or better condition, marking the best conditions seen since 1993. FULL STORY »

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