Below you'll find a list of all posts that have been categorized as “Economy”
The Florida Freeze Disaster Assistance Act has been introduced which would provide $3.5 billion in disaster assistance to Florida growers after the freeze events in January. Congressman Scott Franklin and Congresswoman Kat Cammack sponsored the bill in the house with Senators Rick Scott and Ashley Moody introducing the companion bill in the senate. The funding would be provided through state-administered …
Well, peanut farmers are trying to make their final rounds to get this crop in the ground. There is a final planting date for farmers to watch if they’re in the crop insurance business. Of course, all farmers have to carry full crop insurance and production guarantees or revenue guarantees, either one. The farmer is not required to plant after a certain date, but …
The sell-off in corn futures the last two weeks looks overdone in our view. July corn set a new contract low early week near the $4.12 level. December new crop was closing in on lows from back in August 2024 near $4.38 and three quarters. That sell-off, the second half of last week especially, took net long positions to no more than 60,000 …
The US Department of Agriculture provided an update on the June Domestic and World Commodity supply and demand estimate for June 2026. World Agricultural Outlook Board Chairman Mark Jekanowski explains,” Still are too early to make any major changes for the other commodities like corn, soybeans. Planting is continuing. This time of year we’re going to be sticking to our …
It’s been interesting to watch live cattle and feeder cattle futures reaction to confirmation of a screwworm (NWS) case in Texas last week. A newborn calf in southern Texas, the first confirmed case in the U.S. since 1966. Now, on the surface, one would expect a very negative market reaction, but so far, Trader is looking at further tightening of cattle numbers, lower beef …
Expanded trading limits for live cattle and feeder cattle went into effect on Monday, and although limits have not been tested this week, live cattle and feeder cattle continue under pressure. We look at August live cattle, major support now. We think coming in around 2.33, 2.32. August has hit near that level twice since the 1st of April and …
Florida Commissioner of Agriculture, Wilton Simpson, emphasized major wins in the Florida Legislature’s 2026/2027 budget. Commissioner Simpson said, ““This year’s budget reflects a historic commitment by Senate President Albritton, House Speaker Perez, and the entire Florida Legislature to support Florida’s farmers — the people who quietly and humbly feed our communities, fuel our economy, and protect our natural resources. Florida …
Well peanut farmers are trying to get the rest of this crop planted in. Only about 65 percent of the peanuts were in the ground this week and the conditions are too wet in Georgia, Florida and Alabama to finish right now. We are showing on exports that they are trying to increase exports because of the pileup of peanuts …
Through language in the One Big Beautiful Bill Act, an increase in base acreage addition and allocation is set to be underway. Under Secretary for Farm Production and Conservation, Richard Fordyce explains how the USDA works to determine additional base acreage for farm safety net programs. “30 million additional base acres will be allocated across the country, and right now, …
Bottom Line grain analysts wonder if the grain trade is getting a little ahead of itself here in early June. Corn, soybean, wheat futures all seeing lower lows on a regular basis. Wheat in fact is lower 10 sessions in a row, even with conditions here at harvest the lowest in 37 years. Harvest pressure is here, combines rolling in …
