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CROP PROGRESS: Corn silking at 7%; Soybeans blooming at 16%
Sioux Falls' sky turned green amid severe weather. See the strange phenomenon in photos
BEFORE THE BELL: U.S. stock index futures steadied as investors digested new clues on the Federal Reserve's approach to rate policy and its inflation fight detailed in the minutes from the June meeting (Reuters)
Exxon Mobil said it has delivered the first sustainable aviation fuel cargo to Changi Airport, as part of a one-year pilot programme to test the new fuel for planes (Reuters)
A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S. dollar to its highest level in around 20 years, and some investors are betting there may be more gains ahead (Reuters)
REAL TIME PRICES: The largest CALF string sold in the last 7 days was 69 heifers (424#) from El Reno, Oklahoma at $187.00
Ranking Of States With The Worst Pasture Conditions: Texas has the worst pasture conditions in the United States followed by Arizona & New Mexico Five (5) states have 50% or more of their pasture rated poor or very poor this week, compared to 3 last week
OKC WEST: The largest string sold this week at OKC West was 188 steers (781#) at $169.50. The second largest string was 157 steers (777#) at $170.50
U.S. CATTLE REPORT: Strong prices continue this week at OKC West; Daily drop down 18 cents; Boxed beef bounces up over $268; Hogs up $7.10 since June 30th
Green Again... Since August LC is big time discount to cash prices – which made another who average high last week – it will get more and more difficult to press the August contract. Last week’s average price was north of $146 just a bit and today’s settlement in August LC was $134.50 (The Beef)
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