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InterMountain Beef is a unique combination of both the pride and experience that is an integral part of a third-generation family business and a commitment ot the latest in training and technology. We will assist you with profit projections and risk management options. InterMountain Beef has all the programs and options of a larger feedlot but with the ability to customize and personalize each program to your individual needs. A Family Tradition
InterMountain Beef is a family owned and operated feedlot located in South Central Idaho. Originally founded in 1946 by Henry Jones and Jones Livestock, the feeding tradition is now continued by Henry's family. The 12,000 head feedlot is now managed by Cevin Jones. Along with our Custom Feeding business, we also buy feeder cattle, forward contract and partnership feed. In addition to finishing we also background cattle of all classes and weights.
Location and Climate
InterMountain Beef occupies 200 acres in the heart of the Magic Valley, 12 miles East of Twin Falls, Idaho. Our central location to four packers enables us to offer our customers greater marketing options. The rich agricultural area of South Central Idaho provides our business with an abundant variety of traditional and bi-product feedstuffs, ensuring high quality, least cost rations. Located in a semi-arid climate, we generally receive 8-10 inches of total precipitation per year.
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___________________ Futures Quotes
Quotes are delayed, as of May 01, 2024, 04:21:19 PM CDT or prior.
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Commentary
Soybeans Posting Slight Midday Strength -
Soybeans are showing 1 to 3 cent gains so far on Wednesday, with May up 9 ¼ cents. May soybean deliveries slowed to 263 contracts. Soymeal is Cotton Continue Weakness on Wednesday -Cotton futures are down 128 to 210 points across most contracts at midday. Crude Oil was is feeling the pressure, down below $80 per barrel at Wheat Lower on the Midweek Session -The wheat market is trading lower on Wednesday. Kansas City is leading the way with losses of 6 to 8 cents cents and in delivery May down 1 ¾. Hogs Head Lower on Wednesday -Lean hogs are down $1.10 to $2.07 on the Wednesday session so far. USDA’s National Average Base Hog negotiated price was up 34 cents from the day Corn Pulling Higher at Midday -Corn futures are trading 1 to 2 ½ cents higher so far at midday. There were 3 delivery notices overnight against May futures. The oldest long is Cattle Fading Early Session Recovery with Midday Losses -Live cattle are in freefall again on Wednesday after holding up earlier in the session. Contracts are down $1.67 to $2.95 at midday. Cash trade has Full commentary... |
USDA Newswire
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