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Previewing the November USDA Cattle on Feed report
USDA will publish the November Cattle on Feed report on Friday November 22nd at 2pm central time. The monthly report offers data on the number of cattle on feed, placements in feedlots, and marketings. At this point in 2024 many analysts had expected to see the number of heifers retained for breeding begin to increase. That has not materialized in the latest Cattle on Feed reports and the beef cattle herd size remains historically low. Ross Baldwin is a hedging strategist with AgMarket.net and...
Ethanol production reaches record high
Ethanol output rose to a record high in the seven days that ended on Nov. 8, according to data from the Energy Information Administration. Production jumped to an average of 1.113 million barrels a day, the agency said. That’s up from 1.105 million barrels a week...
When to make that land purchase
In these uncertain economic times, farmers and ranchers are weighing what their balance sheets can handle. Whether it is inputs, equipment, or expansion, there are many factors to consider before you shell out hard-earned money. This is especially true when it comes...
Preparing the next generation of advocates for the pork industry
The National Pork Producers Council (NPPC) introduced a new initiative in 2024 called the “Young Pork Advocates” for students aged 18-22. The program is intended to help young advocates for the pork industry learn more about the industry and in turn pass that...
Keeping cattle healthy by minimizing stress
Many producers are rightfully worried about managing cattle diseases from infecting their herds, but there is another part of disease management that sometimes gets overlooked- stress management. When cattle are stressed, they have a tougher time fighting off those...
Corn and soybean harvests nearly complete
As of November 10, 95% of the 2024 corn crop in the top 18 corn-growing states was harvested. This was up from 91% a week prior and ahead of the five-year average of 84%. USDA said 96% of the soybean crop in the top 18 growing states was in the bins. This was up from...
Turkeys and egg layers see greatest impact from H5N1
Since 2022, the U.S. poultry industry has been battling a particularly persistent strain of H5N1, or avian influenza, and more than 100 million birds have been affected over the last two and a half years. Bernt Nelson, an economist with the American Farm Bureau, said...
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Positive momentum for carbon market programs
Carbon markets have been in the ag industry for a while now, and they are another source of revenue for farmers across the country. Ryan Winter, grower success manager with Agoro Carbon, said they’ve been very pleased with the enrollment growth in their programs....
Innovative new U.S. pork burger sees success in Colombia
At the U.S. Meat Export Federation’s (USMEF) Strategic Planning Conference in Tucson, Arizona, USMEF Latin America Representative Homero Recio updated members on promotional activities for U.S. red meat in South America. One of those activities is an exciting new...
Modern Ag Alliance working to ensure farmers have necessary crop protection tools
The Modern Ag Alliance was formed this year to advocate on behalf of farmers so that they can continue to have access to crop protection tools. The alliance is a coalition led by Bayer and several ag stakeholders concerned with the way in which pesticides are being...
Ethanol production reaches record high
Ethanol output rose to a record high in the seven days that ended on Nov. 8, according to data from the Energy Information Administration. Production jumped to an average of 1.113 million barrels a day, the agency said. That’s up from 1.105 million barrels a week...
When to make that land purchase
In these uncertain economic times, farmers and ranchers are weighing what their balance sheets can handle. Whether it is inputs, equipment, or expansion, there are many factors to consider before you shell out hard-earned money. This is especially true when it comes...