Regional News The EU is set to receive beneficial rains across its central region this week with some of that precipitation extending out into parts of western and eastern Europe. That will offer some relief from the drought for central Europe, but the north-central and eastern regions will remain locked in sub-normal precipitation patterns. Over the past two weeks, northeast and eastern Europe have seen significantly below-normal precipitation levels and high temperatures that have greatly challenged crops.
Milling Wheat Wheat prices were higher last week with U.S. futures leading the way on technical buying and short-covering that partly stemmed from the recent rolling of positions ahead of first-notice day for Sept...
What You Need to Know Today: The cattle market rebounded sharply this week, with January feeder cattle futures gaining $16.98/cwt and February live cattle futures advancing $7.60/cwt since last Friday. Tyson Foods' plans to restore a second processing shift at its Amarillo, Texas, facili...
Key Takeaways: The rationale for farm programs has changed significantly from their original intentions. Farmers’ incomes have grown sharply and have surpassed non-farm incomes beginning in the 1970s. Current farm programs are complex and focus on supporting risk management, environmenta...