Both the live cattle and feeder cattle contracts were able to close higher
Monday afternoon, but with choppy boxed beef prices, historically slow
throughput, and cash prices yet to be determined, the week still has some
challenges ahead.
BSort and Cull
The May soybean futures chart appears to be forming a bear flag pattern
that typically indicates a downward resolution. However, chart patterns are
certainly not always highly reliable and there are outside market forces
controlling the narrative on grain and soy lately.
FTechnically Speaking
Recent Sales Results From Osborne and Russell counties, Kansas; Grant
County, Minnesota; Grand Forks County, North Dakota; and Union County, South
Dakota
I^Landwatch Weekly
Wildfires burned more than 820,000 Nebraska Sandhills acres, destroying
grazing land and fencing, leaving thousands of cattle displaced. Communities
and volunteers rallied, donating hay, supplies and financial relief.
BNebraska Wildfires Scorch 820K Acres
March 24 is National Ag Day. Join DTN and Progressive Farmer in
celebrating what farm and ranch families bring to our nation and the world.
BEditors' Notebook