USDA says there was more cheese and less butter in cold storage a the end of December. Natural cheese stocks as of December 31st rose one percent above November and the December 2024 figures to 1.35 billion pounds.  American style cheeses in storage totaled 771.1 million pounds. Other types of cheese totaled 559.4 million pounds.  […]

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Soybeans were higher on fund and technical buying, adding a little bit to the week’s gains. Argentina’s crop is being impacted by hot, dry weather, which has pulled condition ratings lower. The Buenos Aires Grain Exchange says 53% of Argentina’s crop is in good to excellent shape, a decline of 8% on the week. Brazil’s […]

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At the Chicago Mercantile Exchange, live and feeder cattle closed higher watching direct business develop and waiting for the USDA’s On Feed numbers. February live cattle closed $2.52 higher at $234.90 and April live cattle closed $2.10 higher at $236.92.  March feeder cattle closed $.90 higher at $360.17 and April feeder cattle closed $.80 higher […]

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