While the expanding dryness that is starting to affect the 2017 U.S. hard red winter wheat production region has been covered in analysis here this week, there is another issue affecting all three wheat classes that needs to be re-emphasized.
While last Monday’s analysis covered the expanding dryness that is starting to affect the 2017 U.S. hard red winter wheat production region, another important issue that needs to be re-emphasized is the very wide disparity in cash prices among hard red winter wheat, hard red spring wheat and soft red winter wheat. The enormous hard red winter wheat yield coupled with some low protein issues created an interior glut that continues to search for a home. This was brought back into focus again last week...
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...
