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Lower supplies, higher prices in latest USDA beef outlook

Lower supplies, higher prices in latest USDA beef outlook

Recent trends within the industry have continued in the latest USDA beef production and price forecasts as part of the July meat outlook. USDA World Agricultural Outlook Board Chair Mark Jekanowski says with another month of tightening supplies, the projected steer prices are on the rise. Jekanowski explains that lower numbers in the steer and heifer slaughter for this month have lowered the beef production forecast. That was USDA World Agricultural Outlook Board Chair Mark...

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No relief in sight for difficult farm economy

No relief in sight for difficult farm economy

Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...

NCGA recognizes Rep. Feenstra with President’s Award

NCGA recognizes Rep. Feenstra with President’s Award

The National Corn Growers Association recognizes Rep. Randy Feenstra with its highest honor, the President’s Award. Feenstra, who serves on the House Agriculture Committee, has been a long-standing champion for corn grower priorities, especially for expanding ethanol...

USDA invests $500 million in processors

USDA invests $500 million in processors

The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as...

U.S. Export Sales Report (7-16-26)

U.S. Export Sales Report (7-16-26)

While there was no major reaction in the grain markets, this week’s export sales were good, especially for this time of year. Allendale commodity broker Greg McBride said the corn sales were decent. McBride said the soybean sales were better than expected for this...

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No relief in sight for difficult farm economy

No relief in sight for difficult farm economy

Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...