Friday, May 24, 2019 4:41PM CDT
The U.S. Senate passed a $19.1 billion disaster package Thursday, with Congress providing more than $3 billion in disaster aid for farmers to pay for losses from disasters that occurred in 2018 and 2019.
Friday, May 24, 2019 9:02AM CDT
R-CALF is seeking a permanent injunction against beef councils in 15 states: Montana, Hawaii, Indiana, Kansas, Maryland, Nebraska, Nevada, New York, North Carolina, Pennsylvania, South Carolina, South Dakota, Texas, Vermont and Wisconsin.
Friday, May 24, 2019 9:00AM CDT
The cool, wet spring has afforded ample moisture to most areas of the Midwest, which should be good news when the weather finally warms up, but which has also slowed growth of many forages, potentially affecting yields.
July corn is up 4 1/4 cents per bushel, July soybeans are up 3 cents, and July K.C. wheat is up 5 1/2 cents.
Market interest is expected to remain extremely sluggish Friday ahead of the three-day holiday weekend. Mixed trade is expected early in the session with cattle traders attempting to adjust to the upcoming cattle on feed report.