Blog Archives

Oil Futures Creeping Higher on OPEC Production Cuts

Cattle futures fell as traders waited for the week’s cash trade to develop. Many traders expected physical cattle prices to rise, and buying interest in the futures market waned as they waited for confirmation of this week’s price direction. Hog

Senate GOP Tax Bill Cleared a Major Procedural Hurdle

  The Senate GOP tax bill cleared a major procedural hurdle on an expected party-line vote Wednesday, starting the clock on a lengthy debate that could last ‘until the end of the week or longer. Republicans fell into line behind

SC’s Pee Dee Region Now Enveloped in Drought

  South Carolina’s drought conditions expanded, as reported in the weekly drought monitor released by the drought Mitigation Center on Thursday morning.  The area of abnormally dry conditions increased from almost 51% to 62.8%, and the area of moderate drought

Corn & Wheat Futures See Mid-week Bounce

Cattle futures rose to a two-week high on Wednesday. Traders were unconcerned by falling wholesale beef prices, instead looking to the week’s cash trade. Many anticipated higher prices, though sales didn’t surface during Wednesday’s session. Hog futures fell after opening

Operation Main Street Builds Trust with Consumers

  Operation Main Street is the Pork Checkoff’s outreach program that tells the positive story of pork production. Through this program, volunteers speak to a variety of audiences, telling the pork industry’s story of innovation, quality and stewardship. Welcome, Minnesota

Still No Rain in the Forecast

  USDA meteorologist, Brad Rippey, notes not much change in temperature patterns, and lack of rain in the forecast period December 5th through 11th: “Dry weather may persist, however, along the eastern seaboard, particularly the southern Atlantic states.” Wild Hog

SE Cash Cotton Holding about 74 cents

At the livestock auctions held Tuesday at Mount Airy and Shelby a total of 792 cattle and 19 goats were sold. Compared to their previous sales, slaughter cattle were mostly steady to $9.00 higher.  Feeder cattle were mostly $2.00 to

Last Day for Free Soil Samples at NCDA Soils Lab

  The North Carolina Department of Agriculture’s soil testing lab will begin charging a fee for soil samples beginning tomorrow, December 1st.  Dr. David Hardy, North Carolina Department of Agriculture’s Soils Lab says they’ve seen the customary rush here at

Rising Dollar and Lower Crude Send Grain Futures Scuttling

Hog futures bounced for a fourth-consecutive session on Tuesday as pork prices rose. Hog traders are banking on strong demand for pork to absorb larger pig herds. A recent government report showed slightly lower stocks of pork in cold storage

NC Cash Grains Follow Futures Lower

At the 3 weekly livestock auctions held Monday at Canton, Turnersburg and Siler City a total of 2,233 cattle and 15 goats were sold.  Compared to the previous sales, slaughter cattle were mostly steady to $6.00 higher.  Feeder steers were