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Allendale Releases Its July Cattle on Feed Numbers
The Cattle On Feed Report will be released this Friday and Allendale expects that June Placements will be 9.1% smaller than last year. This would represent the fourth month in a row of lower placements. Feedlots continue to react to corn prices as well
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Save the Date....Allendale Agricultural Outlook Conference
Allendale announces the date for its annual conference. The conference will take place on January 24, 2009 at McHenry County College in Crystal Lake, IL. If you have ever attended our conference you know that it is one that you just don't want to miss.
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Export Sales Show Soybeans Are 2 ½ Percent Over USDA Estimate
Export sales for old crop corn were 12.7 million bushels, down 12 percent from last week but up 2 percent from the prior 4-week average. New crop corn sales totaled 19.7 million bushels. Pre-release combined corn sales estimates ranged from 26 to 34 mil
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Are You Listening to Allendale's Market Updates on YouTube?
Catch the latest updates at 8:30 a.m. and 11:00 from Allendale. Here is one listeners comments: "I really appreciate the info that you are sending me thru the YOU TUBE, it is a very good update and will continue to watch it… Thanks, Don"
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An Idea To Think About
There is early discussion in the corn industry that the recent price break in corn could be more beneficial for feeder cattle versus ethanol production. As corn and ethanol prices are breaking lower, it may be increasingly difficult for ethanol companies
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