Hot Weather Pattern Slowly Shifts Westward
Severe storms gradually chops down the Midwest to Mid-Atlantic heat wave this week. Super heat pushes south to Texas. The extended-range is hotter West.
Weekend Commodity Wrap Up
AgResource breaks down the week in ag commodities.
Afternoon Weather Update
Better than Expected Rains Last 24 Hours; Forecast Drier: Rainfall today was a bit more widespread than indicated across the Dakotas & IA, but still very little change in soil moisture is forecast through the end of the month. This system exists the W Corn Belt by Saturday, and will be replaced by another period…
July Cattle on Feed
The July cattle on feed report is viewed as bearish relative to expectations, on much larger than expected placements. July 1st cattle on feed were reported at 104% of a year ago versus expectations of 103%, or a difference of about 165,000 head. The larger on feed figure is expected to have CME cattle futures…
Hogs End Mixed On Nearby Weakness
Hogs finished mostly lower on Friday in uneventful trading. August remains caught between a bearish seasonal outlook and cash prices that are still more than $10 higher, while December hog slipped to a 3 week low. The hog index was down $.40 at $92 and projected another $.34 lower for Monday. Â Â Placed against…
