CME Daily Features
US - This is the favourite time of year for grain analysts, taking long detours through corn and soybean fields, counting ears of corn and bean pods, examining how well they are filled, discussing drought impacts and, everyone’s favourite, issuing yield estimates, write Steve Meyer and Len Steiner.
US - High protein feed cost prospects for livestock and poultry producers improved last Friday, with the USDA-NASS estimate of record large harvests for corn and soybean, write Steve Meyer and Len Steiner.
US - Domestic broiler consumption during the April-June quarter increased slightly from the prior quarter, totalling 26.4 pounds per person, up from 26.2 pounds the prior quarter and up from 25.7 pounds a year earlier, write Steve Meyer and Len Steiner.
US - The Department of Commerce released its advance estimate on the performance of the US economy on Friday. The top-line number, Gross Domestic Product (GDP), was up 1.2 per cent from the prior quarter, write Steve Meyer and Len Steiner.
US - The results of the latest USDA ‘Cold Storage’ report probably did not get as much attention as the feedlot survey but we think it perfectly encapsulates the current state of the US meat industry, write Steve Meyer and Len Steiner.
US - Before getting into the topic of the day, we remind readers that USDA’s National Agricultural Statistics Service (NASS) has some important reports being released this week, write Steve Meyer and Len Steiner.
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