USDA Livestock, Poultry & Grain Market News – Compared to two weeks ago, feed corn demand moderate to good with trade moderate and prices steady to firm. Feed soybean trades too limited to trend. Feed wheat demand light with prices sharply lower on slow trade. Soybean meal trade moderate on moderate demand with prices steady. Soybean oil trades too limited to trend. Feed barley trades too limited to trend. Feed oats traded good demand with prices firm. New crop forward contracts mostly on feed corn. Hay trade and demand light.
According to NASS’s National Crop Progress Report for the week ending September 11, 2016, percentages were: corn dented 87 per cent, mature 33 per cent, harvested 5 per cent; dropping leaves 26 per cent; cotton bolls opening 41 per cent, cotton harvested 4 per cent; sorghum colouring 83 per cent, mature 44 per cent, harvested 26 per cent; spring wheat harvested 94 per cent; barley harvested 95 per cent; winter wheat planted 6 per cent.
*To view the full market report courtesy of the USDA, click here.
*All prices listed in US dollars