Live Cattle Front Months Lead With Strength on CME
Live cattle futures posted gains on the Chicago Mercantile Exchange with front months leading the rally. June closed 82 points higher at 45.82 as other contracts rose, cash cattle remained firm, and feeder futures rose modestly, while hogs mixed with overall weakness and lingering demand concerns ahead of Memorial Day.
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Salego
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SHELL
NEW York
New York Cotton Exchange
Cotton progress mixed across regions with cool delays
Cotton stands ranged from fair to good in the Southeast and Mid-South with replanting completed and planting seed adequately available though some varieties unavailable. Growth slowed from cool weather while harvests moved ahead in Central Texas and the Far West faced moisture and temperature slowdowns.
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Mid-South
USDA
Texas
Texas Plains
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Grain and Livestock Futures Mixed Amid Rain and Trade
Chicago futures for wheat oats corn and soybeans drifted 1 to 3 cents with soybeans closing higher on rebound buying. Cattle hogs and feeders show varied trade with rain delaying crop progress and futures reacting to weather and demand signals across major markets including Lubbock and Houston.
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Chicago
Chicago Board of Trade
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Drs
Researcher Honored for Grain Breakthrough at Texas A&M
Plainview sorghum expert J Roy Quinby of Pioneer Hi Bred is cited by Texas A&M University as a Centennial Leader for a hybrid sorghum breakthrough. With co worker J C Stephens he showed crossing strains raised yields by 25 to 40 percent.
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Plainview
J. Roy Quinby
Southwestern Division
Pioneer Hi-Bred International, Inc
Texas A&m University
Texas Agriculture
Quinby
J.C. Stephens
Texas Agricultural Experiment Station
Chillicothe
Pioneer
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