The July 4th holiday in the U.S. typically marks the start of the most critical period of development for the corn and soybean crops, and there are several factors to consider.
The July 4th holiday in the U.S. typically marks the start of the most critical period of development for the corn and soybean crops. It is all about weather for the next six-eight weeks. There have been four consecutive years with no significant weather concerns across the U.S. in July and August. The result has of course been record corn and soybean yields/production. Things are now starting to change quickly, and there are some factors to consider. After traveling more than 600 miles through central and eastern North Dakota this past weekend, I was very disappo...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...