Key Takeaways:
Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 1 percent below our August outlook and will be 1.2 percent below 2025 levels. Feed costs have lessened in the past month as hay prices have retreated, but upward pressure on grains remains a risk factor for producers going forward. Despite the deterioration in expected margins, profits will still likely be just shy of 2025’s record-breaking levels and maintain strong financial conditions for the industry. That profitability should help boost beef heifer retention, which WPI now forecasts at 4.9 million head, up 4 percent from last year. ...
The Senate will reconvene today after a late August recess and will adjourn in early October, in about 3 to 4 weeks. The farm bill will move front and center on the agenda. A major fly-in is scheduled for today and Tuesday, with the goal of hitting all Senate offices. Groups participating in th...
Corn Argentina Corn planting for Argentina’s 2026/27 commercial crop is now underway, with 1.5 percent of the projected 8.4 Mha already seeded. Progress is concentrated mainly in central-northern Santa Fe, where around 13 percent of the regional area has been planted. At the same time, fa...
