Cow herd expansion has likely slowed after a rapid build-up over the past year, but numbers continue to climb.
Right now, the market is all about the weather and the success of the planting season.
The first official look at 2016-17 U.S. and world supply and demand boosted corn futures and sent soybean contracts soaring.
Meat supplies continue to climb in the U.S., with the beef industry leading the way.
Weather and the value of the dollar have been important items in the grain markets in recent weeks as prices climbed. But those factors could also quickly turn into weaknesses.
Futures prices for feeder cattle soared last week, with jumps of $7 or more across the board.
Sometimes it’s not all about the weather.
Cash receipts for hog and cattle sales were several billion dollars lower in 2015.
Time could be running out for higher cattle prices.
Investor money is getting back into the commodity markets.
Question of the Week
Do Farm Credit System lenders and commercial banks appear to compete or cooperate in your area?