This week's bearish USDA reports will likely result in farmers doing all they can to store as much of their unsold 2015 production as possible. One problem is that a great deal of the 2014 crop still remains in their bins.
The El Nino that was previously discussed here finally made the national news this week. All of the major networks displayed the sea surface temperature maps, etc. and tried to explain the potential impact in 20 seconds. Some private weather services also updated their El Nino "watch" information this week. The basic message is that changes in rainfall/weather should start quickly as this El Nino continues to enlarge. No one knows what that will mean for production in Asia, Southeast Asia and South America. It might, h...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...