Last week’s acreage reports showed corn acres up, and this week, Brazil’s CONAB is showing a slight increase in the safrinha corn crop, all offering some welcome positive news for feed. However, a not-to-be overlooked item for cattle in last week’s U.S. acreage reports was the hay acreage. Overall, forecast harvested hay acres are up 1.5 percent versus last year; alfalfa hay is projected to be up 1.4 percent. Below is a look at the hay forecasts in some of the key cow-calf states.
But the missing puzzle pieces are yields, number of cuttings, and the forage quality of the hay. On the one hand, forecast harvested acreage is generally up across the southeastern cow-calf region. Pasture conditions are spo...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
