Market moves in right direction as yardings dip
The lamb market showed some resilience this week with the majority of indicators experiencing a significant rise, while sheep prices held fully firm to slightly better. Rainfall throughout the week impacted supply, pushing yardings to their lowest level in a month, while slaughter last week increased, but remained below year-ago levels, a trend we’ve seen […]
Feeder fountain coming from the North
More rainfall in the South and a drop in throughput overall wasn’t enough to rally cattle prices this week. The market is still experiencing symptoms from the last month. Prices probably need to be lower for some buyers, and the feeders have been busy and needed a break. Optimism remains, last year cattle left dry […]
Wheat Waits for a Black Sea Breakthrough
The Ag commodity markets have largely tread water this week, with the much-anticipated USDA data dump keeping most participants on the sidelines. Traders made only minor adjustments to positions ahead of the report, waiting for some fresh direction. The August World Agricultural Supply and Demand Estimates (WASDE) report had a little bit in it for […]