U.S. grains tread water ahead of crop report, Fed speech


(Reuters) – U.S. grain and soybean futures edged lower in early Asian trading on Friday as traders took to the sidelines waiting for a key report on the state of U.S. crops following a crop tour and a key Federal Reserve speech on the U.S. economy. Private firm Pro Farmer will release a national corn…

National feeder cattle report: Weak to lower calf prices


Compared to last week, lighter receipts of yearling feeder cattle sold unevenly 2.00 lower to 2.00 higher with the gains predominantly on those weighing over 800 lbs (especially steers) and weakness mostly on 600-800 lb feeders. Last Friday’s bearish cattle-on-feed report’s bark was much worse than its bite after market members absorbed the fact that…

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