The risk of a trade disruption for American Agriculture

Risk remains one of the salient features of commodity agriculture. We usually discuss weather or market price risk, but we also need to be mindful of policy risk. Macro-economic policy in the 1980s and more recently the Renewable Fuel Policy … Continue reading

U.S. Beef Exports Continued Upward in June

The latest monthly meat trade data were released this morning and showed further increases in the amount of beef exported in June. U.S. beef and veal exports totaled 238 million pounds during the month of June. This was about a … Continue reading

The Use of Enterprise Units in Crop Insurance

The 2008 Farm bill provided for an alternative level of crop insurance subsidies for Enterprise Units relative to Basic and Optional Units.  As you can see in Table 1 the subsidy for enterprise units are sometimes as much as 20% … Continue reading

Crop Market Update: June 13, 2016

Corn is mixed this week with Greenville cash corn currently trading $0.02 lower than a week ago and $0.51 higher than a year ago at $4.31/bu on Friday. July futures contracts are $0.05 higher on the week at $4.23/bu. Mississippi … Continue reading

Cattle Market Notes: Week Ending Feb. 20, 2015

Cash Cattle: Cash fed cattle were mostly steady once again this week. The five-area fed steer price ended the week at $159.99, live, and $256.36, dressed; respectively, down $0.50 and up $1.21. Cash trades in Kanas were reported at $160 … Continue reading

Cattle Market Notes: Week Ending Jan 30, 2015

Cash Cattle: Cash fed cattle were steady to lower to end the week. The five-area fed steers price ended the week at $159.43, live, and $250.07, dressed; respectively, down $0.08 and $5.96. Nebraska traded cattle at $254 and $$160-$60.50, for … 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

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

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