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...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
