Thursday, July 29, 2021 8:24AM CDT
A USDA lab confirmed a case of African swine fever has been discovered in the Dominican Republic, the first known case of the highly contagious swine disease in the Western Hemisphere. USDA and the National Pork Producers Council stressed the disease does not affect humans and the country is stepping up inspections for travelers coming from the Dominican Republic.
December corn is down 4 1/2 cents, November soybeans are down 6 3/4 cents and September KC wheat is down 3 1/4 cents.
Cash cattle trade just could not muster enough support to move higher. Disappointing cash and higher grain prices kept pressure on futures. Hog futures began the day strong but could not hold the highs as cash trade pointed lower. Packers will not be very aggressive Friday.