As of 24 July, there have been 170 cases of HPAI in dairy herds across 13 States with the last being 22 July, in Colorado. The first confirmed case was 25 March Texas.
In response to the outbreak, USDA has maintained mandatory testing requirements for lactating dairy cows prior to interstate movement and mandatory reporting of positive test results in livestock. Moreover, starting 1 July, USDA has been accepting applications to provide financial assistance for eligible dairy producers who incur milk losses due to HPAI in their operations. The payments are made via an updated Emergency Assistance for Livestock, Honeybees, and Farm-raised Fish Program (ELAP). Despite the specter of HPAI, dairy is stabilizing from less culling, stabi...
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...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
