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commodity market

Today’s commodity report: California Weekly Hay, Direct Feeder Cattle Review, California Shell Eggs: Daily Egg Report, Shell Eggs: Daily National Egg Market and other commodity end of the day market numbers.

California Weekly Hay

Compared to last week: All classes traded steady with moderate demand. According the U.S. Drought Monitor, the NWS 6- to 10-day outlook for March 28 – April 1 calls for near- to above-normal temperatures and precipitation over most of the nation, with cooler-than-normal conditions confined to northern New England and drier-than-normal weather limited to California and southern Florida. Check ending market prices. →

Cattle Feeding-CME
In response to feedback from the National Cattlemen’s Beef Association and independent studies by Informa Economics, CME Group Friday announced what it calls enhancements to the live cattle futures market. Continue reading

Long Term Ag Outlook Strengthens

economic growth outlook
After a volatile June and early July in the commodity markets, agricultural outlooks turned higher in the rest of July. The Purdue University/CME Group Ag Economy Barometer turned higher, coming in at 112 in July, up from 104 in June and 97 in May. Continue reading

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