It’s no surprise. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain.
It’s no surprise. We’ve written about it on several occasions and we will again in the future. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain. That pain will only worsen if prices stay at current levels. Land prices in some regions in the U.S. have quadrupled during this bull market. Cash rents (lease rates) have followed. Prices for everything else related to production agriculture have escalated sharply. The problem is that those produ...
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...
