| Name | Value | Date | Basis | Source |
|---|---|---|---|---|
| Corn | $4.97/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybeans | $12.77/bu | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean meal | $347.00/US ton | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean oil | $0.6863/lb | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| SRW wheat | $6.83/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| HRW wheat | $7.34/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Live cattle | $221.40/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Feeder cattle | $331.07/cwt | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Lean hogs | $70.08/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ |
The U.S. hemp industry is looking to animal feed as a potential outlet for surplus biomass and processing byproducts, with research showing nutritional promise but cannabinoid residue concerns and fragmented regulation continuing to limit commercial uptake.
ADM Investor Services analyst Chris Lehner reported softer cash cattle prices in the week to 2 October 2026, citing rising grocery costs, high fuel prices, and widespread consumer financial stress as headwinds for beef demand. Lean hog futures hit new contract lows on the same day, with cheap chicken seen as competing against pork.
U.S. Trade Representative Jamieson Greer said on October 1, 2026, that there is no set timetable for implementing proposed tariff reductions covering roughly $60 billion in U.S.-China trade, citing required legal and public comment processes. The announcement tempers expectations raised by a September 27 agreement, and leaves key agricultural commodities — including non-seed soybeans — facing continued uncertainty.
China has published a 1,619-tariff-line list of U.S. products eligible for consideration for lower tariffs, covering corn, wheat, cotton, beef, pork, dairy and ethanol, but notably omitting commercial (non-seed) soybeans and distillers dried grains with solubles (DDGS). Actual tariff reductions remain pending domestic legal processes in each country, and the widely cited "30-for-30" figures represent a 2024 trade valuation benchmark rather than a purchasing or savings commitment.
Corn futures pulled back toward technical support on September 23, 2026, erasing Monday's gains, while a USDA daily export sale to Mexico, a high-stakes Xi-Trump summit in Washington, a proposed U.S. diesel export ban, and a projected 70% surge in global biofuel output by 2030 combined to create a complex backdrop for feed-grain and oilseed markets.
USDA's September 2026 Cattle on Feed report shows total inventory rose just 1% year-over-year to 11.163 million head, while August placements fell 9% to a record low of 1.617 million head — the smallest figure for that month since data collection began in 1996. Both results came in below analyst expectations, adding pressure to cattle futures markets already dealing with weak boxed beef demand.
Olam Agri has moved into ruminant nutrition with the launch of its Tru Value cattle feed range in Nigeria, expanding its Integrated Feed & Protein business beyond poultry and aquaculture. The three-product line — covering beef and dairy categories — was unveiled at an event in Kaduna State attended by Nigeria's Minister of Livestock Development and a broad range of industry stakeholders.
