Annual crop quality tours took place across Kansas and Oklahoma this week. In the final analysis, production estimates came in well below the pre-tour expectations. It is much more difficult to gauge yields this year for a number of reasons.
Last fall's drought resulted in poor emergence and very poor stands across a wide area. The western reach of the hard red winter wheat region remains very dry. The cool (maybe cold) spring has roughly 50 percent of the crop three to four weeks behind normal development. Several frost/freeze episodes this spring caused a great deal of damage, but no one is certain what the full extent of that damage is yet. It was cold enough again last night for wheat in the boot to heading stages. An interestin...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
