We are not sure that history will single out October 2015 as being particularly notable, but it has been a very interesting month from the perspective of agriculture and markets.We are not sure that history will single out October 2015 as being particularly notable, but it has been a very interesting month from the perspective of agriculture and markets. Below are some of the factors that have made this month worth noting:
American farmers have once again showed that if weather cooperates, they can harvest the fall corn and soybean crops with amazing speed. USDA reported that the soybean crop was 87 percent harvested as of 20 October compared with 68 percent at the same time last year and the five-year average of 80 percent. It called th...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...