Drought Forcing Cattle Stocking Rate Adjustments; Here are Three Options
As drought continues to strain forage and pasture availability in the Plains, it's got some cattle producers weighing adjusting stocking rates to match better with available forage feedstocks.
Do $7-plus Corn Prices Foreshadow an Ag ‘Supercycle?’
While corn prices in the $7/bushel range are a boon for producers in the short term, especially after years of sub-breakeven prices, it's not a sustainable pricing scenario given the revenue erosion such costs cause for livestock feeders, ethanol refiners and other end-users.
Farmer Sentiment Strong Amidst Estate Tax Concerns — Ag Barometer
In its May update released Tuesday, the Purdue/CME Group Ag Economy Barometer showed farmer sentiment remained virtually unchanged from April's data, with continued strong expectations for future farm financial conditions.
U.S. Lumber Prices Surge 359% as Sticker Shock Continues on Labor, Weather
A combination of challenging wet weather in the Southeast where a lot of timber is logged for lumber in the…
Corn Planting Surges Beyond Average Pace — USDA
The last week was a big one for corn farmers' planting progress, with the planting pace now 10% higher than the previous five-year average, according to Monday's USDA-NASS Crop Progress report.
Strong Beef Demand Pushing Fed Cattle Prices Higher
As the U.S. continues to emerge from the COVID-19 pandemic, beef demand looks to be higher than normal heading into…
Be Mindful of New Risks in Times of High-priced Grain Markets
The nearby corn futures contract is trading beyond the $7.50/bushel mark to start the week. But at the same time,…
RMA Administrator: Crop Insurance Supports Environmentally Friendly Practices
The USDA Risk Management Agency (RMA) is committed to supporting environmentally friendly production practices through the federal crop insurance safety…
Cooling Temperatures, Frost Warnings Highlight Forecast to Start the Week
A large low-pressure system has settled in about the eastern third of the contiguous U.S. to start the week, and…
Ag Groups Skeptical About American Families Plan Tax Funding Provisions
Ag groups voiced skepticism with President Biden’s American Families Plan announced this week, as well as the tax provisions that…