Reading Time: 2 minutes Chicago | Reuters – U.S. farm income will fall for a second consecutive year in 2024, but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture said on Thursday. Declining farm income could ripple across the rural economy in a presidential […] Read more
USDA forecasts smaller drop in 2024 farm income
U.S. grains: Wheat rises on European supply issues, corn and soy on greater demand
Reading Time: 2 minutes Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.
U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.
US tests for bird flu in California dairy cattle
Reading Time: < 1 minute The U.S. Department of Agriculture is testing to confirm possible cases of bird flu in dairy cattle in California, the nation's biggest milk-producing state, USDA said on Friday.
U.S. grains: Soybeans, corn rebound on renewed US export demand
Reading Time: < 1 minute Chicago soybean and corn futures rose on Thursday on short-covering and an uptick in export demand, though expectations for strong U.S. crop production limited gains, traders said.
U.S. livestock: Live cattle futures fall on weaker boxed beef prices
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, analysts said.
U.S. livestock: Live cattle futures fall on consumer demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
CBOT Weekly: Wheat set to increase, as soybeans, corn to recede
Reading Time: < 1 minute While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.
U.S. grains: Soybeans and corn ease on rain forecasts
Reading Time: < 1 minute Chicago soybean and corn futures stumbled on Wednesday as traders assessed whether beneficial rain and forecasts for milder weather will aid the country's corn and soy crops during their final growing stages, analysts said.
U.S. livestock: Cattle futures firm on US heat wave, hogs hit June high
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) cattle futures ended higher on U.S. heat concerns and signs of better consumer demand on Tuesday, while lean hog futures set a 12-week high, analysts said.
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