Beef and Cattle There are signs that the bow-wave from high feed costs and the Texas drought have worked its way through the system.
First of all, after 23 months of year-on-year increases in cattle on feed inventory, last Friday's 1 May report showed 11.11 million head on feed down to 99.4 percent from the monthly total last year. Placements of 1.521 million head were well short of the previous year at 85.2 percent. Marketings were 100.4 percent of last year, essentially even with the 2011 number. Feeder cattle outside of feedlots as of 1 April were down almost 3 percent. Second, year-to-date nationwide feeder cattle auction receipts are 5.6 percent lighter than in 2011 and 9.2 percent lighter than the five-year average. Third,...
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...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
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...
