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Domestic cattle herd grows as demand slows

By |December 28, 2022|Categories: Dairy & Eggs, Market Prices|Tags: , , , , , , , , |

USDA’s December milk production for the week leading into Christmas showed a 1,000-head revision higher in the previous herd number and a further 1,000-head [...]

Current market dynamics for corn to linger into 2023

By |December 27, 2022|Categories: Corn & Soy Complex, Weather|Tags: , , , , , , , |

Futures activity Mar-23 futures settle at $6.6625 ahead of the holiday weekend. On Wednesday, Dec. 21, the contract settled above the 20-day moving average [...]

Domestic food CPI reported up 0.7% in October, up 11% YOY

By |December 22, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Fruit & Fruit Concentrates, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , |

In its October Consumer Price Index (CPI) reporting, ERS calculated that the price to consumers for all food rose 0.7 percent in September. YOY, [...]

Cold weather over Kansas could be trouble for wheat

By |December 21, 2022|Categories: Weather, Wheat|Tags: , , , |

This week’s developing winter storm is bringing notable temperature declines (10°F to 30°F below average) over the Plains and Midwest. Over the next few [...]

Ivory Coast cocoa arrivals surge 7% in December

By |December 20, 2022|Categories: Cocoa & Chocolate, Market Prices|Tags: , , , , , , , |

After a disappointing start to the season in October and November that saw cocoa bean arrivals down double digits, strong December arrivals have allowed [...]