SA_LS85021 San Angelo, TX Wed Dec 11, 2024 USDA Market News National Sheep Summary for Wednesday, December 11, 2024 Compared to last week at Sioux Falls, SD slaughter lambs under 100 lbs 35.00-37.00 higher, over 100 lbs 7.00-12.00 lower; slaughter ewes 5.00- 11.00...

Live cattle futures continued the rally on Wednesday with gains of $1.125 to $2.40. Early cash action has seen $191 trade reported in KS this week, some $193 sales in NE reported on Wednesday. Wednesday morning’s Central Stockyards Fed Cattle Exchange online auction showed $192-193 sales on 2 lots using...

Corn futures slipped up into the close running into some technical resistance, with nearbys down ¾ to 2 ½ cents and other contracts up ¼ to 2 ¾ cents. The national average Cash Corn price from cmdtyView was down a penny at $4.20. Weekly EIA data showed ethanol production totaling...

Soybeans settled the Wednesday session with contracts ¾ to 5 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1/2 cent at $9.46 1/2. Soymeal futures were down 90 cents to 40 cents/ton higher on the day. Soy Oil futures ended down 21 to 30 points on...

Cotton futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks...

Cotton futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks...

Live cattle futures continued the rally on Wednesday with gains of $1.125 to $2.40. Early cash action has seen $191 trade reported in KS this week, some $193 sales in NE reported on Wednesday. Wednesday morning’s Central Stockyards Fed Cattle Exchange online auction showed $192-193 sales on 2 lots using...

The wheat complex closed the Wednesday session with contracts mostly higher across the three markets. Chicago SRW futures were 1 1/2 to 2 1/2 cents higher across the board. KC HRW contracts were up 1 ½ to cents on the day. MPLS spring wheat was steady to 3 1/4 cents...

Lean hog futures extended the weakness on Wednesday, with contracts down 7 to 70 cents and December up 57 cents ahead of Friday’s expiration. The national average base hog negotiated price was reported at $81.39 on Wednesday afternoon, which was down 72 cents from the day prior. The CME Lean...

Lean hog futures extended the weakness on Wednesday, with contracts down 7 to 70 cents and December up 57 cents ahead of Friday’s expiration. The national average base hog negotiated price was reported at $81.39 on Wednesday afternoon, which was down 72 cents from the day prior. The CME Lean...

Congress continues to discuss ways to provide supplemental financial assistance to farmers. U.S. Congressman and House Ag Committee member Brad Finstad, who farms in Minnesota, tells Brownfield producers are having to make difficult decisions for the 2025 growing season. “In regards to operating loans and how to sharpen the pencil...