Tag Archives: beans

  • Restrict expanded limits?
  • Why are markets not reflecting realty with the grain trade?
  • StoneX on yield information released this week-how are producers reacting?
  • Dakota Pipeline will not get shutdown while the case is heard-good for grain
  • Lebanon explosion and the need for grains…port issues due to the explosion
  • Hog prices are stagnate
  • Cattle prices continue to trend higher

 

  • Crop progress report
  • Yield information that wasn’t a big surprise to the trade
  • Collusion in grains?
  • China buying more grain as they ramp up hog production
  • Struggles in the cattle market

 

 

  • Major export business this week
  • Battle between good weather and crops
  • Is there inflationary concern with the dollar?
  • Record prices in China…how short are they on food?
  • Little boy that called woof.
  • Dairy price update

 

  • DC Court of appeals decision Dakota Access Pipeline-removing risk for farmers
  • Higher crop ratings…some ratings the highest in 10 years
  • Some export business for wheat out of Kansas City
  • Hogs see triple digit losses…roller coaster in general for the livestock
  • Break in product prices.
  • Cash for cattle sparce
  • Safety for workers
  • Fear factor continues to reign

  • China & a somber note with the Consultant in Houston
  • China did and another make purchases of soybeans
  • Cash trade Chinese buyers looking at corn & wheat
  • Growing amount of evidence their temp reserve is almost empty
  • Gasoline consumption took another drop
  • Restaurants continue to shut down after reopening

  • Is corn stuck in a range or can we test contract lows
  • Beans had some resistance nearing $9
  • Long term weather
  • Cash cattle coming in steady
  • Consumer demand moving forward
  • How has boxed beef been affected?
  • Kids going back to school…will we see the surge in buying
  • Are the cattle current? Social media dumpster fire
  • The market complex as a whole do you even want to look at tweets

  • Exports have been good
  • China flooding concerns for their crops
  • Crop ratings come out this afternoon
  • Rains will be hit and miss along with the heat
  • Ethanol demand concerns
  • Impressive on the cattle market to go from cash to futures premium
  • Should we have protection going into August
  • Look at the cattle show list
  • Triple digit losses in both the cattle & the hogs

 

The U.S. Meat Export Federation released an updated version of an independent study aimed at quantifying the value that red meat exports provide U.S. corn and soybean farmers.

The independent study was conducted by a company called World Perspectives, Incorporated. Since 2015, indirect exports of corn and soybeans through beef and pork exports have been the fastest-growing category of corn and soybean use. That’s delivered critical returns for corn and soybean producers. These farmers support the international promotion of U.S. beef, pork, and lamb, by investing a portion of their checkoff dollars in market development efforts conducted by USMEF.

In 2019, U.S. beef and pork exports used 480 million bushels of corn. Corn revenue generated by pork exports totaled $1.8 billion. Last year, U.S. pork exports used 2.12 million tons of soybean meal, equivalent to 89.2 million bushels of soybeans, that generated $751.7 million in revenue.

Beef and pork exports also used approximately three million tons of DDGS, which generated $411.8 million in revenue for ethanol’s co-products. USMEF President and CEO Dan Halstrom says, “We greatly appreciate the foresight and confidence shown by the corn and soybean sectors when they invest in red meat exports. This study proves the value delivered by that investment.”