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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...
Biofuels industry hopes for year-round E15, improved 45z tax rule
The biofuels industry is beginning to look ahead to 2025 and the new administration taking over leadership in Washington D.C. Renewable Fuels Association Senior Vice-President for Government and Public Affairs Troy Bredenkamp says President-elect Trump has a record on...
Speculation starts on next Ag Secretary
Speculation has already begun on who the next Secretary of Agriculture will be when Donald Trump returns to the White House in January. Successful Farming says Texas Ag Commissioner Sid Miller, former ambassador Kip Tom, and Ted McKinney of NASDA are among a handful...
Canada reacts to the election of Trump
We know that during the first Trump administration, an aggressive trade policy was implemented. Tariffs and trade wars were the terms most used during that time. One trade battle was fought with our closest neighbors, Mexico and Canada. The old North American Free...
U.S. Export Sales Report (11-7-24)
Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers. Recent flash sales have actually lightened up a...
National FFA leadership team has wide variety of farm experience
Thirty-seven candidates vied for the honor of being elected to the 2024-2025 National FFA Leadership Team during the recent National FFA Convention. This year’s team has a wide variety of farm experience, but they all share a common passion for agriculture. Mary...
Soybean markets turning more attention to planting in South America
As harvest wraps up in the United States, oilseed markets are turning more attention to planting progress in South America. USDA Outlook Board Chairman Mark Jekanowski says the markets have a new focus. He says oil seed analysts and traders are paying close attention...
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What could tariffs mean for fertilizer in 2025?
We are a week removed from the Presidential election, and President-Elect Trump is already assembling his teams for the transfer of power in January. One of the things the American and Global economies will be paying close attention to is whether Trump follows through...
Cost down to raise 2025 corn crop
Looking ahead to the 2025 corn crop, one company says the cost to raise that crop is down. Farmers National Company says 2025 crop inputs are expected to see a slight reduction compared to 2024. While some farms may experience increased costs for specific reasons,...
Supporting veterans who are in need of food
On this Veterans Day, take a moment to think of the veterans who may be living in less fortunate conditions. Nearly 1.5 million veterans in the U.S. are living below the federal poverty level, and veterans living in poverty are at higher risk than nonveterans for food...
Nebraska rancher Steve Hanson elected as USMEF chair
Steve Hanson, a rancher and cattle feeder from Elsie, Nebraska, was elected chair of the U.S. Meat Export Federation (USMEF) at the organization’s Strategic Planning Conference in Tucson, Arizona on Friday. Hanson said one of his priorities will be to highlight the...
A November soybean surprise
In most years the USDA November WASDE report does not make significant changes to the yield and production forecast for soybeans. That’s USDA Chief Economist Seth Meyer. He says that last Friday’s WASDE report provided a November surprise by cutting the previous...