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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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Farmers trim input costs as profit margins remain tight

Farmers trim input costs as profit margins remain tight

Farmers across the Corn Belt are reducing spending on fertilizer, seed and crop protection products as they prepare for another year of narrow profit margins. Agricultural economists and industry analysts report that many producers are carefully managing expenses...

Interior seeks flexibility on predator management

Interior seeks flexibility on predator management

When I visited Washington, D.C. recently, I had the opportunity to speak with Karen Budd-Falen, Associate Deputy Secretary at the Department of the Interior, about several wildlife management issues affecting western ranchers. Among the topics discussed were wolves...

Rollins confirms NWS detection 25 miles from U.S.-Mexico border

Rollins confirms NWS detection 25 miles from U.S.-Mexico border

Today, USDA Secretary Brooke Rollins held a press conference with the media to provide a full update on the New World Screwworm (NWS) situation and clear up some misleading headlines that have been circulating. There was a lot of concern building over an alleged...

Top considerations when planning a calving barn

Top considerations when planning a calving barn

As attention to livestock production intensifies, producers continue to evaluate the benefits of calving barns for enhancing both livestock management and operational efficiency, according to Dennis Lee, farm product line manager for Morton Buildings. Lee cites...

Examining demand concerns heading into the summer grilling season

Examining demand concerns heading into the summer grilling season

Memorial Day marks the unofficial start to the summer grilling season and with the grills firing up around the country questions about meat demand are lingering. With meat prices at the store at lofty levels and beef prices reaching record highs, will consumers have...

Trump cuts tariffs on ag equipment to 15 percent

Trump cuts tariffs on ag equipment to 15 percent

President Donald Trump has announced tariff reductions on certain agricultural and industrial equipment, a move that could help ease some cost pressures facing farmers and machinery dealers. Under a new proclamation, tariffs on products like harvesters, bulldozers,...

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Concerns rising as U.S. oil reserves decline

Concerns rising as U.S. oil reserves decline

While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China,...