Below you'll find a list of all posts that have been categorized as “Economy”
Starting the conversation of succession planning is never easy. However, it’s an important topic. The National Cattlemen’s Beef Association has recently released a new resource to help start the discussion. The online learning module aims at guiding families through the steps of transition and helps families create operation-specific succession plans. NCBA President Gene Copenhaver said, “I’ve been through transition discussions …
It’s taken some time, but world focus shifting from the Strait of Hormuz to what may be a bigger story by the end of the year, the Black Sea area. Ukraine has quietly developed drone technology, but the result’s anything but quiet. As many as 150 Russian-linked ships have been hit since shelling began, shutting down some key ports in …
Technical signals clearly show live cattle and feeder cattle futures heavily oversold, but a correction could be a slow process. Even though cattle and feeder cattle futures are the most oversold so far this year now, as we end the week, managed money traders holding long positions have been throwing in the towel here late week, pushing August live cattle …
We’ve mentioned several times on this program that history shows December corn can top 7 to 10 days before the 4th or 7 to 10 days after. Analysts wonder if that has happened this year. The run-up in corn and beans early week has faded some here late week so now watching December corn 368, 369, all highs from this …
The Erie Canal Changed Transportation and Expanded Agricultural Trade For centuries, New York’s rivers and waterways served as important transportation routes for explorers, fur traders, and early settlers. However, these natural waterways presented major challenges that limited commerce and slowed economic growth. The construction of the Erie Canal in 1817 transformed transportation across New York, helping fuel America’s agricultural expansion …
Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …
American peanut farmers are involved with the American Peanut Council. Their core responsibility is to administer an export promotion program for U.S. peanuts, increasing the consumption of U.S. grown peanuts and peanut products internationally. APC does not process or sell peanuts. Instead, resources are devoted to market development and dissemination of trade information on behalf of the U.S. industry. Right …
The bacon, lettuce, and tomato season is going to help an already surging pork trade. Meanwhile, cattle trade battling three-month lows. We’re starting to see more fresh produce stands along the roadsides as we move deeper into July. Lean hog futures at four-week highs now in mid-July, even with ample supplies and heavier weights. BLT season certainly going to help, …
America’s Agricultural Foundation Grew Strong After Independence Following the end of the Revolutionary War, the United States faced the enormous challenge of building a stable economy as a newly independent nation. While manufacturing and industry would come much later, agriculture became the backbone of America’s early prosperity. In this edition of American Agriculture History Minute, Mark Oppold explains how innovative …
StoneX Commodities released an 80-page report recently providing insights in how they see markets performing in the third quarter. StoneX third quarter outlook shows corn and soybean prices remaining under pressure, especially later in the quarter with ample supplies heading into harvest. Wheat, they say, can be firm to a bit higher amid tight supplies here and also in Europe. …
