Thursday, November 30, 2023 12:31PM CST
USDA's farm income forecast is a bit higher than in September, but USDA still sees it falling 17% below 2022's record. Lower commodity prices, lower government payments and higher expenses force more farms to dip into working capital and utilize more debt.
Thursday, November 30, 2023 12:18PM CST
Cody Easterday filed an appeal with a federal court in Washington state, challenging the recent dismissal of one of two lawsuits he filed against Tyson Fresh Meats.
Wednesday, November 29, 2023 5:00AM CST
Retail fertilizer prices continued to be mixed with prices for five of the eight major fertilizers slightly lower compared to last month. UAN28 led fertilizers lower, down 6% from last month with an average price of $338 per ton. The remaining three fertilizers were slightly higher in price compared to the prior month.
EARLY MORNING GLOBEX NET CHANGES: March corn was steady, January soybeans were down 2 cents and March KC wheat was down 3 cents.
Both cattle and hog futures closed higher. This was not supported by cash or product values, but mostly due to a continued correction of an oversold market. Gains may be tempered a bit today due to cash weakness.