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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 production numbers. Jekanowski says the net result of changes in the July WASDE report increased the export forecast. There was no change to soybean ending stocks or the season ending average price estimate which remains at $11.40...

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Don’t get too comfortable with the current cattle prices

Don’t get too comfortable with the current cattle prices

Both the live and feeder cattle markets are experiencing unprecedented price levels. Those levels won’t last forever, though, so it’s important to maintain a level of caution when navigating the marketplace. Ross Baldwin, hedging strategist at AgMarket.Net, said he...

Examining the operating expense ratio

Examining the operating expense ratio

The operating expense ratio is a tool that farmers can utilize to determine the financial efficiency of their grain farms. Gerald Mashange, an agricultural economist at the University of Illinois, explains how the operating expense ratio is calculated. Mashange says...

Vaccinating birds against HPAI poses trade and logistical challenges

Vaccinating birds against HPAI poses trade and logistical challenges

The war on avian influenza may soon include vaccines for birds. However, there are challenges to a nationwide vaccination strategy. USDA is investing significant resources to fight Highly Pathogenic Avian Influenza, including $100 million into research and development...

Bessent signals optimism as U.S./China trade talks stall in public

Bessent signals optimism as U.S./China trade talks stall in public

Treasury Secretary Scott Bessent, in an interview with CNBC, expressed optimism that “substantial progress” in U.S./China trade negotiations could be achieved in the coming weeks. However, the overall status of talks remains uncertain, with public statements from both...

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Farmers need to have a seat at the MAHA table

Farmers need to have a seat at the MAHA table

The much-anticipated recommendations from the Make America Healthy Commission will be released soon. In this week’s commentary, American Farm Bureau President Zippy Duvall said the commission must seek farmers' input. Duvall said they appreciate the communication from...