U.S. farmers will not be the only producers looking for ways to hold their financial statements together as it is becoming a worldwide problem. Everyone else in the crop production chain must do the same.
Weather It was 97°F in Fargo, North Dakota yesterday, the warmest day of 2015 despite being in October. It beat the old temperature record by a whopping 12 degrees. Today it is in the 40s with wind gusts up to 50 miles per hour. Is this an indication of global warming or El Nino? The latter continues to strengthen even as weather forecasters are now starting to watch for its collapse. This El Nino is ranked as the second most intense since 1950 with the record set in 1997-98. Most meteorologists don’t think it will st...
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...