USDA’s May reports contained yield and production estimates for spring crops still being planted, so there are several important items to watch and consider going forward.USDA’s May reports, released this past Wednesday, were really about benchmarks and expectations for the next marketing year. They contained, after all, yield and production estimates for corn, soybeans, wheat and other spring crops still being planted, and approximately 90 percent of the growing season is yet to be determined. Meanwhile, there are several important items to watch and consider going forward:
One significant unknown is what the final corn and soybean planted acres will be. Another is whether the wet conditions and flooding across significant parts of the...
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...
