Markets

Ag markets had a bad day Tuesday

Favorable weather forecasts depressed corn futures Tuesday. Talk of dry early-August weather has supported the crop markets lately, but the latest forecasts suggest conditions will remain cool, with a possibility of widespread rain next week. FULL STORY »

Ag markets remained weak Wednesday morning

Favorable weather forecasts depressed corn futures. Talk of dry early-August weather has supported the crop markets lately, but the latest forecasts suggest conditions will remain cool, with a possibility of widespread rain next week. FULL STORY »

Corn conditions dip slightly, but…

…the 2014 corn crop is still the best reported since 2004. FULL STORY »

Crop futures firmed Monday

Corn futures followed the soy markets higher. The prospect of a huge fall crop has badly depressed corn futures, but prices rebounded in concert with the soy complex Monday. FULL STORY »

Crop markets generally strong at midday Monday

Corn futures have backed away from early highs around midsession Monday. The prospect of a huge fall crop has badly depressed corn futures, but prices are trying to rebound in concert with the soy complex. FULL STORY »

U.S. gasoline prices tumble on back of refinery cuts

The average price of a gallon of gasoline in the United States fell by 9 cents in the past two weeks, a sharp drop due to wholesale price cuts at refiners, according to the Lundberg survey released on Sunday. FULL STORY »

Tyson to sell Mexico, Brazil poultry businesses to JBS

Tyson Foods Inc, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's Pilgrim's Pride for $575 million. FULL STORY »

Doane Market Watch: Hog shortage likely to persist

Hog slaughter fell about 9 percent short of the comparable 2013 total for a second straight week when the six-day estimate was posted on July 18, thereby implying industry expectations for 8 to 10 percent reductions during July and August are right on target. FULL STORY »

Cooney: Weaner breakevens sink to $81

Pricing off the February lean hog contract for January sales shows a weaner breakeven of $81.03 down $10.72 for the week. The big drop was driven by the February lean hog contract decreasing $5.68 for the week. FULL STORY »

Hog Outlook: Another month of record retail pork prices

Retail pork prices set a new record in June for the fourth consecutive month. The average price for pork in grocery stores in June was $4.116 per pound. FULL STORY »

Ag futures ended the week in decidedly mixed fashion

Corn futures posted a late bounce Friday afternoon. Large fall harvest prospects have recently exerted great pressure on the corn market, but concurrent slippage in the soy complex added weight this morning. FULL STORY »

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