Cattle Market Notes: Week Ending May 23, 2014

Cash Cattle: Cash fed cattle were down about $2 this week. The five-area weighted average steer price for the week ended Friday was $144.69, down $2.26 from the previous Friday, and dressed steers averaged $232.26, down $1.08. Live trades in … Continue reading

Air quality scares Pascagoula residents

From the Sun Herald: A neighborhood along Bayou Casotte, in the heart of the state’s most industrialized county, has been co-existing with industry for decades. … But in the last two years, things have changed. A sticky dust blows in … Continue reading

Crop Market Update: May 20, 2014

U.S. producers are right on pace in getting their crops planted this spring, but emergence is still slightly behind average. U.S. producers currently have 73% of the U.S. crop currently planted compared to a 5-year average of 76%. Emergence of … Continue reading

Cattle Market Notes: Week Ending May 16, 2014

Cash Cattle: Fed cattle continue to experience limited cash trading volume. The five-area weighted average steer price for the week ended Friday was $146.95, down $3.07 from the previous Friday, and dressed steers averaged $234.06, down $1.99. Live trades in … Continue reading

May Cattle on Feed Report Recap

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (May 16). The report revealed that 10.648 million head of cattle were in U.S. feedlots with a capacity of 1,000 head … Continue reading

Cattle Market Notes: Week Ending May 9, 2014

Cash Cattle: Cash fed cattle continue to experience limited trading volume. The five-area weighted average steer price for the week ended Friday was $150.02, up $2.23 from the previous Friday, and dressed steers averaged $236.05, down $0.33. In Kansas, cattle … Continue reading

Supply and Demand Report Recap for Cotton

USDA’s World Ag Outlook Board released their monthly World Agricultural Supply and Demand Estimates report on Friday (May 9). The May report is always the first of the year to provide forecasts of the new marketing year (July 1, 2014 … Continue reading

New Revenue Options in the 2014 Farm Bill

The Agricultural Act of 2014 introduces three county-triggered shallow loss programs – Supplemental Coverage Option (SCO), Stacked Income Protection Program (STAX) for cotton, and the county triggered version of Agricultural Risk Coverage (ARC).  All three programs have the potential to … Continue reading

May Supply and Demand Estimates Give First Look at 2014/15 Crops

Friday’s World Agricultural Supply and Demand Estimates (WASDE) reduced 2013/14 U.S. corn ending stocks to 1.146 billion bushels, much lower than the expected 1.314 billion bushels. Much of the decrease in old-crop ending stocks is a result of a boost … Continue reading

Crop Market Update: May 6, 2014

Planting progress remains behind schedule this year, but we are still well ahead of last year’s pace nationally. U.S. producers currently have 29% of the U.S. crop currently planted compared to a 5-year average of 42%. Emergence of the U.S. … Continue reading