USDA Releases Prospective Plantings Report, Quarterly Grain Stocks Report

The USDA released their annual Prospective Plantings report and their quarterly Grain Stocks report today (Thursday, March 31). The Prospective Plantings report uses the results of producer surveys from late February through early March to set the tone for the … Continue reading

Crop Market Update: March 29, 2016

Corn is higher this week as we await Thursday’s release of the Prospective Plantings report by the USDA. Greenville cash corn is currently trading $0.03 higher than a week ago and $0.33 lower than a year ago at $3.82/bu on … Continue reading

Cattle Market Notes: Week Ending March 25, 2016

Cash Cattle: Cash traded fed cattle finished the week lower. The five-area fed steer price for the week of March 17-24 averaged $136.01 for live sales, and $217.70 for dressed; respectively, down $2.61 and $6.67. Total volume sold was up … Continue reading

Crop Market Update: March 22, 2016

Corn is higher this week as we anticipate the USDA’s release of the Prospective Plantings report on March 31. Greenville cash corn is currently trading $0.04 higher than a week ago and $0.16 lower than a year ago at $3.79/bu … Continue reading

Cattle Market Notes: Week Ending March 18, 2016

Cash Cattle: Cash traded fed cattle finished the week higher. The five-area fed steer price ended the week averaging $138.62 for live sales, and $224.37 for dressed; respectively, up $2.62 and $6.28. Total volume sold was up 9,000 head from … Continue reading

March 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 (March 18, 2016). The report revealed that 10.777 million head of cattle were in U.S. feedlots with a capacity of 1,000 … Continue reading

Crop Market Update: March 15, 2016

Corn is higher this week following the USDA’s monthly World Agricultural Supply and Demand Estimates. Greenville cash corn is currently trading $0.05 higher than a week ago and $0.26 lower than a year ago at $3.75/bu on Friday. May futures … Continue reading

Cattle Market Notes: Week Ending March 11, 2016

Cash Cattle: Cash traded fed cattle finished the week steady to higher. The five-area fed steer price ended the week averaging $136.00 for live sales, and $218.09 for dressed; respectively, unchanged and up $6.09. Total volume sold was up 3,000 … Continue reading

The Food Safety Modernization Act and the Marketing of Fresh Produce

The Food Safety Modernization Act (FSMA) has important implications for the marketing of fresh produce in the United States. Under FSMA, the U.S. Food and Drug Administration (FDA) is charged with crafting, implementing, and enforcing most of the rules that … Continue reading

Few Changes in Latest USDA Supply and Demand Report

The corn balance sheet for the 2015/16 crop remained unchanged from the February release. Ending stocks for the 2015/16 crop were estimated to be 1.837 billion bushels, unchanged from last month’s estimate. Total production was estimated to be 13.601 billion … Continue reading