High Replacement Prices Are Impacting Dairy Culls, Corn Futures Took a Step Back

High Replacement Prices Are Impacting Dairy Culls, Corn Futures Took a Step Back

We start with a review of the latest USDA Livestock Slaughter report and how replacement values are impacting cull cow slaughter. We also talk about the slide in corn futures that parallels oil markets, and how tech companies continue to support Wall Street indexes.

Farmers Need Blinders On to Stay Focused On Marketing Fundamentals This Crop Season

In our conversation today we talk to Britt O'Connell, senior director of grain risk management with Ever.ag. Britt offers great insights into the volatility in grain markets, with geopolitical impacts of Iran and China, weather diversity throughout the U.S., the impact of fund investors and managed money. To survive, farmers need to know their business fundamentals and put on their blinders to stay focused on their marketing opportunities.

Cattle On Feed Report Is A Bear, Milk Production Continues to Grow

USDA's May Cattle on Feed report showed placements ahead of a year ago but reduced marketings, leading to a bearish feeling in the markets. May milk production was up on--you guessed it--a larger dairy herd. In investment news, the surge in risk free treasury yields is sending bond investors in search of better opportunities.

Cargill Forces Lockout, Corn Markets Slide, SpaceX Goes Public

Today we start with Cargill announcing a lockout at one of its facilities, then we pivot to corn markets sliding a bit after a rally. We finish with news of SpaceX going public.

Global Dairy Markets Are Cautious, Drought Begins to Impact Crop Progress

Today we have a report on the latest Global Dairy Trade auction, where participants in the auction took a cautious approach indicating global dairy markets may be waiting for a shift. Also, much of the country is still dry and it may start impacting the growing season. We wrap with a stock market rally.