CME Announces New Boxed Beef Index

CME Group recently began publishing a new Boxed Beef Index. The index is designed to provide the beef industry with better price discovery. CME Group’s Tim Andriesen said the idea for the index started with the Port Cutout futures and options launched late last year. “As you know, we launched the Pork Cutout futures and […]

What Could The Farm Economy Look Like Into Early 2021?

What long-term impact could we see on the farm economy from the struggles of 2020? Tim Andriessen of CME Group said volatility in the commodity markets  this year may continue in some areas next year. “A positioning of the global grain markets that we don’t have the excessive supplies that  we thought we do. Which […]

National Cattlemen’s Foundations Accepting Scholarship Applications

The National Cattlemen’s Foundation is now accepting applications for 2020-2021 beef industry scholarships sponsored by CME Group.  Announced this week, the ten scholarships of $1,500 each will be awarded to students pursuing careers in the beef industry.   The CME Beef Industry Scholarship was first introduced 30 years ago.  Today, the scholarship recognizes and encourages […]