Tag: cattle
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U.S. Beef Demand Stays Strong Despite Higher Prices at Grocery Stores
Beef prices holding better than expected Even with beef prices remaining elevated at grocery stores and restaurants, consumer demand for U.S. beef continues holding together better than many analysts expected this spring. Retail beef prices have remained near record levels in recent months as tight cattle supplies continue supporting the market. Strong fed cattle prices…
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Pillen Signs LB 1187 to Overhaul Nebraska Brand Committee and Fees
New Nebraska Brand Law Signed to Modernize Cattle Inspection and GovernanceLINCOLN — Governor Jim Pillen has officially signed LB 1187, a landmark overhaul of the Nebraska Livestock Brand Act designed to settle long-standing industry disputes. The new law expands the Nebraska Brand Committee from five to seven members, specifically adding representatives for cattle feeders and…
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Opening Markets on The Ranch
myradioranch.com Grain trade is starting the morning under a little pressure while cattle are holding strong. Corn is trading at $4.55 cents per bushel as planting pace across the Midwest continues to weigh on the market. Soybeans are sitting at $11.70 per bushel with traders balancing global supply against steady demand. Wheat is trading at…
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Markets close mixed with strength in cattle trade
Grain markets wrapped up the session under pressure while the cattle complex continued to lead the board higher. Corn closed the day at 4.52 per bushel as planting pace and generally favorable conditions across much of the Midwest kept a lid on rallies. Traders continue to watch early fieldwork progress closely with expectations for a…
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Morning Markets – myradioranch.com
Markets Open Mixed as Trade Eyes Planting Progress and Demand Grain markets are mixed in early trade as planting conditions improve across much of the country and traders continue to sort through the latest USDA data. Corn is slightly lower to start the day, with pressure tied to early planting momentum and expectations for increased…
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Mid Day Markets – myradioranch.com
Markets at Midday April 13 Grains are under pressure at midday with selling showing up across the board. Corn is trading lower as global supply and slow export demand continue to weigh on the market. Soybeans are holding mostly steady, bouncing between small gains and losses as traders look for direction. Wheat is lower, with…