Cattle Market Notes: Week Ending Jul 25, 2014

Personal Remarks: I continue to struggle with how to digest the current cattle market environment. I know that at some point things will cool off and I wish I knew with certainty when that will come. I do know one … Continue reading

July 2014 Cattle on Feed Report

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (July 25). The report revealed that 10.127 million head of cattle were in U.S. feedlots with a capacity of 1,000 head … Continue reading

Crop Market Update: July 23, 2014

Great crop conditions, more acres, and favorable weather forecasts have been pushing crop prices down for the last several weeks. U.S. corn conditions continue to look good with 76% of the crop rated in good or excellent condition compared to … Continue reading

Cattle Market Notes: Week Ending July 18, 2014

Cash Cattle: Negotiated cash trade was mostly steady this week. The five-area weighted average steer price for the week ended Friday was $156.02, up $0.03 from the previous Friday, and dressed steers averaged $246.54, down $0.68. A few live sales … Continue reading

Cattle Market Notes: Week Ending Jul 11, 2014

Cash Cattle: After a spectacular run, cash fed cattle shifted lower this week. The five-area weighted average steer price for the week ended Friday was $155.99, down $1.61 from the previous Friday, and dressed steers averaged $247.22, down $2.26. Live … Continue reading

Ending Stocks Revised Up for Most Major Crops in July Supply and Demand Estimates

Friday’s World Agricultural Supply and Demand Estimates (WASDE) left new crop U.S. corn ending stocks 75 million bushels higher than a month ago. U.S. new crop corn production is lower at 13.860 billion bushels as a result of fewer planted … Continue reading

A Look at U.S. Crop Insurance “Buy-Up” Participation

Crop insurance continues to gain importance which is reflected in the 2014 Farm Bill. Given the extreme weather events in the past few years, coupled with price uncertainty, U.S. producers are aware of the pitfalls of not having insurance. However, … Continue reading

Analyzing Mississippi Soybean Producers’ Farm Bill Alternatives

With the recent passage of the 2014 Agricultural Act a number of new choices are available for producers, while many of the previous options are no longer available. The analysis here examines these choices for soybean production in Mississippi. The … Continue reading

Cotton Acres Bloomed, Price Shriveled

This past Monday (June 30), USDA released their annual Acreage report. The report is preceded by the March Prospective Plantings report with the difference being a more solid, confirmed acreage number in the acreage report compared to an expected, planned … Continue reading

Cattle Market Notes (Abbreviated): Week Ending Jul 03, 2014

Given the holiday shortened week due to tomorrow’s July 4th holiday, I’ll be brief this week… Cattle markets remain on fire. Cash markets are largely leading the charge. The five-area price is currently at $157.40 for live and $249.45 for … Continue reading