Positive to corn was the presence of commercial and fund buying on Wednesday. The fund buying was most likely technical in nature with the commercial buying most likely end user buying for the domestic as well as foreign demand. Supportive to corn is th
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Be sure to check out Allendale's Director of Research, Rich Nelson's pre-report preview and analysis of the August 22 Cattle on Feed report. Click on the link below or go to the Allendale Homepage, www.allendale-inc.com
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Feedlots took the next step lower in marketing and sold cattle Wednesday at $98. That is now $2 lower than last week. Nebraska moved numbers at $156 versus $158 and $159 last week. The main message here is packers are done buying cattle for Labor Day a
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Cancellations this week of 6.3 million bushels of old crop corn were found in the unknown category, bringing total export sales of old crop down to only 7.5 million. New crop export sales totaled 19.5 million bushels. Combined sales of 27.2 million bush
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Allendale's Joe Victor to appear on "This Week In AgriBusiness" with Orion Samuelson and Max Armstrong and will broadcast this weekend August 23, 24 and 25, at 7:00 a.m. on Saturday; 5:00 a.m. and 7 p.m. on Sunday; and, 8:00 a.m. on Monday (CST). On the p
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