Weather is quickly starting to raise concerns about the northern Plains spring wheat production potential, and the simple explanation is that it has become very dry across most of that region. In addition, another possible development could have an impact.
Weather is quickly starting to raise concerns about the northern Plains spring wheat production potential, and the simple explanation is that it has become very dry across most of that region (see most recent drought monitor below). It was only a few weeks ago that WPI commented on how there were no parts of the primary U.S. crop production regions that were in a drought status. That has changed, and this week’s drought monitor (released every Thursday) should show more expansion and...
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...
