Late week highs in corn, soybean, and wheat futures could be new targets going into the September crop report from USDA a week from today. Watching December corn at the 550 level, November soybeans 1324-1325. Most analysts expect USDA to come below the pro-farmer corn number and at or maybe a little below their soybean number. Several producers that I’ve …
The Great Depression Creates an Opportunity The Great Depression brought severe economic hardship to rural American families, but for some entrepreneurs, difficult times also created opportunities. One such entrepreneur was a young Missouri farmer named John W. Tyson, who recognized a growing need for fresh poultry in larger Midwestern markets. Beginning in 1931, Tyson began delivering chickens from southern Missouri …
With southern points of entry being reopened to Mexican live cattle imports, many wonder what protocols are in place to protect American livestock from New World Screwworm. USDA’s Chief Veterinarian Officer Dr. Alan Huddleston explains the process and response methods in the case of NWS detection. “That lot of animals is refused entry into the United States,” Dr Huddleston explained. …
New Fed Chairman Kevin Warsh delivered his first major address to the Federal Reserve Board at their summer symposium last week. CME FedWatch tool is changing as a result. The board did not meet in August but is scheduled to meet on the 15th and 16th of this month. Any rate decision will come early afternoon on the 16th. Warsh …
It’s peanut digging time as the peanuts are about ready and farmers are checking their fields now. At the same time, the Federal State Inspection Service is getting ready to grade this peanut crop. In Georgia, they said they have 116 buying points across the state with inspectors and assistants. They said we began the refresher training of experienced inspectors …
From Settler Clearing to Forest Conservation As early American settlers cleared land for homesteads, farms, and growing communities, the federal government increasingly recognized that the nation’s forests were an important natural resource that needed to be studied and managed. The beginnings of organized federal forest management can be traced to 1876, when Congress created an office within the U.S. Department …
From an Iowa Teenager to a Pioneer in Corn Breeding Long before hybrid seed corn transformed American agriculture, Henry A. Wallace was already experimenting with ways to help farmers produce more corn. His interest began when he was just 16 years old, when the Iowa high school student started field-testing corn with the goal of developing higher-yielding varieties. Wallace continued …
The Alabama Cattlemen’s Association’s Junior Board recently had a meeting. We sat down with Bailey Watson of the Alabama Cattlemen’s Association to learn more. “This past weekend we held our first annual meeting with our Alabama Junior Cattlemen’s Association Board of Directors, and our Board of Directors is just our leadership team,” Watson said. “It’s a group of youth that …
America’s cattle ranchers are getting a major boost from the U.S. Department of Agriculture. USDA Secretary Brooke Rollins has announced the new Ranchers First Initiative, a package of actions aimed at rebuilding the nation’s beef herd, which the department says is currently at a 75-year low. Under the initiative, USDA is introducing new livestock risk protection tools designed to help …
More details have been released on the peanut stocks and processing report from USDA. They said this past year the shellers milled 441 million pounds during the month of July. That’s 13.3 percent more than last year. Commercial processors utilized 206 million pounds and that is up 6.8 percent, so the market looks pretty good. Considering categories, they said the …
