Monday, July 26, 2021 2:08PM CDT
A Texas jury found HeartBrand Beef, the American Akaushi Association and Ronald Beeman, guilty of a breach of contract, concealment, intentional interference, fraud, misrepresentation, and conspiracy over refusals to provide DNA proof of parentage.
Monday, July 26, 2021 2:06PM CDT
The United Nations is holding a three-day event this week as in preparation for a U.N. Food Systems Summit in New York planned for September. An opening panel discussion on Monday heavily criticized current global agricultural production and food systems for failing to improve global food security.
December corn is down 3 cents per bushel, November soybeans are down 11 3/4 cents, and September KC wheat is down 8 1/2 cents.
Falling grain prices were able to provide underlying support to the livestock complex. It is questionable as to how long that support will be able to hold futures even though cash prices seem to be weakening. The Cattle on Feed report was friendly, but that in itself, will not be able to turn the trend up.