The smallest HRW production number going all the way back more than 45 years was 620 million bushels in 2002, although It's not likely we can see a disaster of this magnitude.We wrote back on 7 February about the worsening conditions across the U.S. HRW wheat belt in the U.S. Wheat prices had crashed over $1.00/bushel ($35-40/MT). We alerted our readers to the potential decrease for HRW production based on two factors:
USDA's winter wheat planting estimate showed smaller planted acreage than expected. It had been very dry and very cold since the crop was planted the previous fall.
It was, of course, too early to know how the spring season would play out from a weather perspective. The crop still had plenty of time for rains to improv...
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...
