Heifers make up 37.8% of total cattle on feed, up 0.4% from last quarter but down 0.3% from the prior year. Not a clear signal of large-scale herd rebuilding.
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Placements in Cattle on Feed report shock to the downside, inventory comes in below year-ago level for first time since April.
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High input costs and soft commodity prices continue to drain working capital. Here is how strategic marketing, debt management, and tax planning can keep your operation liquid for 2027.
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Beyond inventory numbers, placements and heifer retention data in Friday's Cattle on Feed report will set the tone for feeder futures.
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USDA is overhauling regional cash fed cattle reporting as a persistent data blackout spreads across major feeding states...
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Tight nitrogen supplies, rising demand and global disruptions to sulfur supplies are keeping pressure on fertilizer markets, even if tensions in the Strait of Hormuz ease, says @JLinvilleFertprofarmer.com/news/agricultu…
USDA says private exporters reported sales of 134,000 metric tons of soybeans for delivery to China during the 2026/2027 marketing year;
--165,000 metric tons of soybeans for delivery to Spain during the 2026/2027 marketing year.
Pro Farmer crop consultant Michael Cordonnier raises Brazil 2026-27 soybean estimate, reflecting an “OK start” to planting and slightly larger soybean acreage than anticipated.
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USDA to provide one-time payments to help offset soaring costs for diesel and other inputs, President Trump announced in a campaign rally ahead of next month’s midterm elections.
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In this morning's First Thing Today:
-President Donald Trump, on the midterm campaign trail in Kansas, say government will provide $8 billion in relief to farmers squeezed by soaring diesel prices.
--Cordonnier lifts 2026-27 Brazil soy, corn estimates.
--U.S., China negotiators rush to complete investment deals ahead of APEC summit.
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Spencer Langford, @iwatchcorn and @wlwatts discuss favorable harvest weather, firm basis and fund positioning, along with what to look out for in this week's Cattle on Feed Report.
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USDA says private exporters report sales of 114,000 metric tons of soybeans for delivery to China during the 2026/2027 marketing year
--and 261,000 metric tons of soybeans for delivery to unknown destinations during the 2026/2027 marketing year
USDA reported private daily export sales of 127,000 MT of corn for delivery to Japan, 558,000 MT of soybeans for delivery to China and 236,000 MT of soybeans for delivery to unknown destinations - each for delivery during the 2026-27 marketing year.
September PPI up 1.3% in September, biggest monthly rise since March 2022. PPI up 6.3% year over year, accelerating from 5.6% in August and well above expectations.
USDA says private exporters reported sales of:
-330,000 metric tons of soybeans for delivery to China during the 2026/2027 marketing year
-283,450 metric tons of soybeans received in the reporting period for delivery to unknown destinations during the 2026/2027 marketing year