Key Takeaways:
Mandatory Country of Origin Labeling would provide consumers with more consistent information about where their beef originates, but evidence from the previous COOL rule found little indication that labeling increased overall consumer demand for beef. The primary potential benefit to U.S. cattle producers may instead come from shifting existing demand toward domestic cattle, as the additional tracking and segregation required for foreign-origin cattle can make them more costly for packers to handle. Voluntary U.S.-origin labeling allows producers and processors to differentiate domestic beef for consumers who value its origin without imposing COOL requirements across the entire supply chain, although it provides less consist...
What You Need to Know Today: USDA cut the 2026 corn yield forecast by 1.6 BPA to 179.6, shaving 141 Mbu off the crop. Corn ending stocks were cut by 91 Mbu to a level that pushed the ending stocks-to-use (ESU) ratio to 10.8 percent. Conversely, USDA raised the soybean yield forecast 0.2 BPA to...
Key Takeaways: Expanding U.S. soybean crushing capacity is strengthening domestic demand, driven largely by growing soyoil consumption from the renewable diesel and biofuels industries. Despite increased domestic processing, substantial quantities of U.S. soybeans are expected to remain availa...
