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Markets react to July USDA cattle reports

Markets react to July USDA cattle reports

The USDA released two important reports last week that each had a direct impact on the U.S. cattle industry: the July Cattle Inventory and July Cattle on Feed Reports. Bernt Nelson, an economist with the American Farm Bureau Federation, said the two reports offer a good snapshot of the current U.S. cattle industry. Nelson said a potential herd rebuild and sustained demand for beef are among the many factors influencing the cattle market. Nelson said markets will be further influenced by a...

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European weather supports wheat prices

European weather supports wheat prices

The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support...

U.S. Export Sales Report (7-9-26)

U.S. Export Sales Report (7-9-26)

This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive...

Hot and dry weather expected in the Corn Belt

Hot and dry weather expected in the Corn Belt

A heat dome is moving northward from Southern California to the Dakotas and the Corn Belt, bringing temperatures more than 10 degrees above average for several days. AccuWeather Senior Meteorologist Chad Merrill describes the weather across the Corn Belt as hot and...

Adjuvants are vital to drone spraying effectiveness

Adjuvants are vital to drone spraying effectiveness

When spraying with a traditional ground rig, adjuvants can help to improve the efficacy of the application by improving droplet spread, increasing the amount of product that contacts the target, and reducing drift. Those same benefits can also be found when adding...

Study: U.S. producers pay more for inputs than Brazil producers

Study: U.S. producers pay more for inputs than Brazil producers

The National Corn Growers Association says a new study confirms what many farmers have suspected for years: U.S. producers are paying far more for crop inputs than their biggest global competitor, Brazil. The report found American corn farmers paid an average of 68...

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Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...

Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...