On hundred years ago, researchers at what is now Colorado State University began investigating a disease affecting cattle on the state’s high-mountain ranches. The disease, which caused significant death loss, particularly in calves, was called “brisket disease” due to its association with swelling in the brisket area of affected cattle. The disease also became known a “high-altitude disease” because it was found in cattle at elevations over 7,000 feet.
In Argentina, newly elected president, Mauricio Macri, will soon announce the export tax changes that were promised during the campaign. Decreasing or removing the export tax could flood an already saturated world market with additional grain and oilseed stocks.
Feeder cattle prices this week compared to last week were marked as stronger based on cattle receipts in Oklahoma City, but that was not the case this week based on the few markets reported in Tennessee. I
The corn was quiet following Friday’s sizable break. There was a fairly big jump in open interest Friday to go with the poor close, so those two things would indicate we are in for a test of the recent lows.
For the remainder of today and into early Tuesday, a slow-moving storm system will produce heavy precipitation, including snow and freezing rain, across parts of the northern Plains and western Corn Belt.