USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) update is getting plenty of attention in grain country, and for Montana it’s a reminder that national and global balance sheets still set the tone for local bids. Reports from market coverage indicate USDA pegged U.S. wheat ending stocks at the highest level in several years, […]
Grain markets started the day on a softer note as traders positioned ahead of fresh USDA numbers. Reports indicate corn futures were hovering near recent lows, and the tone spilled into broader row-crop sentiment. While Montana doesn’t plant corn on the scale of the Midwest, national grain direction still matters here—especially for cattle feeders, backgrounders, […]
Fresh numbers out of USDA’s monthly Cattle on Feed report are giving the cattle trade something to chew on as spring work ramps up across Montana. Reports indicate U.S. feedlot placements during February were higher than a year ago, while marketings were lower. That combination doesn’t automatically mean “good” or “bad” for Montana ranch country—but […]