Grain Summary for week of Nov. 16



For the week grain bids were mixed while soybean bids were sharply higher. Wheat was higher as a lack of rain in the hard red winter wheat belt has some cause for concerns. New crop wheat acreage projections of 64.1 million acres were up only 3.7 million acres over last year, giving wheat added strength. Corn saw loses due to […]

National Feeder & Stocker Cattle Summary for Nov. 16



Compared to last week, feeder and stocker calves sold uneven for the fourth week in a row, but this time the higher markets outweighed the losers and many areas found some solid bottom-side support. Yearlings were only lightly tested and prices hinged on whether offerings were large enough for buyers to put loads together. Direct trading continues to be very […]

National Slaughter Cattle Summary for week ending Nov.16



Compared to last week: Limited trade occurred late Thursday and early Friday in the South Plains at prices mostly steady with the bulk of last week. Late Friday morning, trading started in Nebraska with dressed sales 1.00-3.00 higher. An estimated 50,000 head had sold in the major feeding areas by 11:30 Friday. Boxed beef prices improved this week as light […]