Prospective Plantings and Grain Stocks Report Summary

Monday’s numbers from USDA National Agricultural Statistics Service’s Prospective Plantings report and Grain Stocks report came in near expectations. The Prospective Plantings report uses surveys of producers from February 27 through March 18 to estimate the upcoming acreage allocation. For 2014, … Continue reading

Cattle Market Notes: Week Ending Mar 28, 2014

Cash Cattle: Fed cattle cash prices ended the week higher, continuing their weekly record setting pace of late. The five-area fed steer price ended the week at $152.26 for live sales, up $2.16, and $243.48 for dressed, up $3.37 to … Continue reading

Externality watch: Air pollution leads to 7 million deaths

From BBC news, air pollution caused 7 million deaths in 2012: Seven million people died as a result of air pollution in 2012, the World Health Organization estimates. Its findings suggest a link between air pollution and heart disease, respiratory … Continue reading

IPCC: Crop yields to decline by 2% per decade

From BBC News, the Intergovernmental Panel on Climate Change (IPCC) will soon publish a new report on the anticipated effects of climate change over the next century. In an initial draft of the report, the IPCC states that we can … Continue reading

Cattle Market Notes: Week Ending Mar 21, 2014

Cash Cattle: Fed cattle cash prices ended the week higher. The five-area fed steer price ended the week at $150.10 for live sales, up $2.18, — very near the recent record level — and $240.11 for dressed, up $0.31 to … Continue reading

March Cattle on Feed Recap

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (Mar 21). The report revealed that 10.790 million head of cattle were in U.S. feedlots with a capacity of … Continue reading

USDA Encourages Early Registration for FSA Programs

The U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) Administrator Juan M. Garcia today recommended that farmers and ranchers who plan to participate in FSA programs register in advance. Producers are encouraged to report farm records and business structure … Continue reading

Crop Market Update: March 17, 2014

Many of the crop markets have been relatively quiet following last week’s WASDE report as traders are eagerly anticipating the March 31 prospective plantings and grain stocks reports. Nearby corn futures closed a penny higher today than they did a … Continue reading

Cattle Market Notes: Week Ending Mar 14, 2014

Cash Cattle: Fed cattle cash prices ended the week mixed. The five-area fed steer price ended the week at $147.13 and $239.80, respectively for live and dressed, which was down $1.21 and up $1.51. Cattle in the Southern Plains traded … Continue reading

Farm Bill 2014: The Dairy Title

The 2014 Farm Bill is officially in the books. While there are a few rules and regulations that have yet to be written, we now know the bulk of what the farm bill has to offer. In terms of dairy … Continue reading