The cattle industry continues to watch for signs of herd expansion and increasing the beef supply.
A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.
- Crystal Reed
After last Friday’s WASDE report, the corn market is trying to figure out where fair market value is.
- Crystal Reed
Harvest yield numbers are finally rolling in, coinciding with a typical low in soybean prices.
- Benjamin Herrold
The cattle industry continues to watch for signs of herd expansion and increasing the beef supply.
- Crystal Reed
Disappointment with the outcome of trade negotiations between the U.S. and China led to soybean prices down on Monday, Sept. 28, said Don Roose at U.S. Commodities.
- Benjamin Herrold
The USDA’s September report on hog and pig inventory, released Sept. 24, showed lower hog inventory than the same time a year ago.
- Crystal Reed
The next WASDE report was released Aug. 12, and with that may come a bottoming out of the corn market. The August report is the first of the year to use farmer survey-based estimates for the size and condition of U.S. crops.
- By Benjamin Herrold, Missouri Farmer Today
Beef prices were “underwhelming” in the lead up to Independence Day, said University of Tennessee Ag Economist Andrew Griffith. Summertime and summer holidays usually see a seasonal boost.
- By Tim Kenyon, Iowa Farmer Today
Expect to see “variability” again describing this year’s corn crop.
- Benjamin Herrold
Several issues continue to shape the cattle markets, including cattle on feed numbers, New World screwworm and consumer meat demand amid the broader economic trends.
- Crystal Reed
One of the dominant focuses for the grain market through mid-summer is threatening weather and the expected arrival of El Niño.
- Benjamin Herrold
Beef production is running lower than a year ago, although there is some variation in the amount of the decrease.
- Crystal Reed
The peak risk management period is behind farmers with crops now in the ground, and while there are dry spots in places, condition rates are lofty.
- Benjamin Herrold
Summer holidays and weekends usually provide a seasonal boost to beef demand, and University of Tennessee Ag Economist Andrew Griffith said these times could be an indicator of consumers’ willingness to pay for beef at current prices.
- Benjamin Herrold
Widespread drought is impacting producers’ management decisions. University of Georgia Extension Livestock Economist Will Secor said drought is an issue for the majority of the U.S. cattle inventory.
- Crystal Reed
The seasonals are turning more negative currently, according to Don Roose at U.S. Commodities.
- Crystal Reed
News from the United States-China talks could be a “game changer,” said Don Roose at U.S. Commodities.
- Benjamin Herrold
With another strong week for finished cattle prices, University of Tennessee Ag Economist Andrew Griffith said the dollar value of each head is climbing into a very high range.