Market Watch

While finished cattle prices will set new records this year, the loftiest expectations have been lowered in recent weeks. Purdue University Extension marketing specialist Chris Hurt explains:
Finished cattle prices will end up averaging about $92 this year compared with the previous annual high around $87 in 2005. Price expectations for the final quarter had been [...]

Pricing and storage decisions for the 2007 soybean crop are being influenced by the current high price, the weak basis, and the availability of storage, according to University of Illinois Extension marketing specialist Darrel Good.
The weak basis in many areas suggests storing the crop to capture a post-harvest strengthening of the basis. “Hedging the stored [...]

Wheat prices appear to have peaked for the time being, according University of Illinois Extension marketing specialist Darrel Good.
Prices may remain generally high, but very volatile as 2008-09 production prospects, both acreage and yield, unfold. The USDA’s Winter Wheat Seedings report, to be released the second week in January, will provide the first indication of [...]