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Q2 Beef Production Decline
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Beef production expected to decline during the 2nd QT, uncharacteristic for this time of year.
Cattle Gap Up Once Again
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Once again, Feeders gaps higher with more support from the cash market.
Outside Markets Play Role In Beef Market
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Analysts fear a poor economy paired with the recent banking crisis may slow consumers beef consumption.
Soybean Exports Fall
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Soybeans fell off the top yesterday, as exports sales fall 73% from the previous week.
Feeders Hold Firm
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Feeder Cattle lost a little ground, but overall fundamentals look solid.
Oversold Conditions
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Oversold conditions in the Cattle Market along with lower beef production continues to drive prices higher.
On Feed Report
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A neutral “On Feed” report has the cattle market on edge, as traders consolidate as the week kicks off.
2023 Grain Markets Volatility
Line on Agriculture
Tyler Schau, agriculture market hedge specialist
Corn Exports Pick Up Demand
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Corn demand gained momentum throughout last week as exports pick up.
Corn Exports Pick Up
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The Corn market starting to heat up as Export showing signs of life, but still not on pace with USDA predictions.
Beef Market Hits Wall
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The Beef Market hits a wall, as prices see 5th consecutive day in the red .
Rally Runs Out
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Outside markets shake up Beef prices, derailing the recent rally.
Recession Fears Play Into Markets
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The beef market see’s some pullback, as consumers continue to fear recession.
More Pain In Grain
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Grains saw a slow in export numbers, driving prices into the red across the board.
Feeder Rally Continues
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The Feeder Cattle rally continues as demand shows no signs of slowing down.
Beef Production Down
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Beef production down 6.3% last week compared to last year, normally this time of year we see an increase in production.
Corn Remains Mixed
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Wheat continues to lack traction while corn futures remain mixed as buyers step in after hitting 6 month low.
Soybean Rally
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Soybeans led the rally in the grain market, following 2 weeks in the trenches.
Weaker Corn Market Provides Opportunity
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The Beef market took advantage of some weaker corn prices.
BSE Case Stops Beef Exports
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China continues to ban beef exports from Brazil following the BSE case last week.