We tend to always focus on the major crops of wheat, corn and soybeans. Most analysts do that because those are the crops that have futures markets. They don't follow the other minor crops because the audience isn't big enough, and market information is not always easy to obtain. Even USDA's coverage of these crops can be sketchy. Here are some comments on malting barley and dry beans:
Anheuser-Busch started its new crop (2014) malting barley contracting in the past 10 days. It has been using a two-step approach. The first is an outright purchase contract between $5.50-5.60. The second is the use of an on-line auction of contracts. It initially used on-line price auctions a year ago to good success. Two of these reverse on-line auctio...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
