Split Opinions Farm Bill There are two sides to any fight in Washington, and it is an inelegant blood sport. Neither side respects the observation of renaissance American writer Elbert Hubbard that, “If men could only know each other, they would neither idolize nor hate.” Anyone in their policy comfort seat can find fault in the opposition. But what about the power to question family orthodoxy?
Farm input costs have skyrocketed. But in an extraordinary inflationary period should we only consider it in nominal terms? Cash receipts are falling in 2023, but from a record high. It is declining 16 percent, but that is after rising 73.4 percent the previous three years. ARC/PLC payments are low and stagnant. Cost-shared crop ins...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
