WASDE and More on Cattle USDA released this morning the February WASDE. The livestock highlights are:
Lower expected broiler weights, with hatchery data continuing to point toward fewer birds for slaughter during most of 2012. Beef production is raised from last month. Despite expected tight feed cattle supplies, cow slaughter is expected to remain relatively strong during the first quarter and carcass weights are forecast higher. Pork production is raised as first quarter slaughter and first-half carcass weights are expected to be higher than forecast last month. Cattle prices for 2012 are up from last month, reflecting tight supplies of feed cattle. The hog price forecast is unchang...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
