The cattle supply is expected to hit a low point in early 2026, with the industry currently in the midst of a tight supply cycle. Despite this, beef demand remains strong, leading to high profitability across the beef industry.
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DTN Oil Update
PostedOil prices edged higher in a choppy morning session Monday, Oct. 6, after OPEC+ agreed to a smaller-than-expected production quota increase for November. Emerging signs of a growing oil glut kept gains in check.
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Farm Life
View From the Cab
Posted by Pamela SmithHarvest is underway in Nebraska and finishes up in Alabama for DTN's View From the Cab farmers.
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What DTN Is Watching
As the government shutdown enters its sixth day (fourth business day) there are no macroeconomic reports due for release, but the normally scheduled Export Inspections and Crop Progress reports will not be released. Traders will likely be following technical guidelines and other supply and demand clues such as basis levels to gauge the pace of U.S. harvest in the absence of weekly USDA updates.
WeatherA front from the Texas Panhandle up through Wisconsin early Monday morning is producing a string of showers and thunderstorms. The front will continue southeast throughout the day. Additional showers moving north from the Gulf of America will come up to meet the front Monday night in the Ohio and Tennessee Valleys, which could lead to some heavier rainfall there on Tuesday.
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