In June, farmer sentiment drifted lower as high input costs, the risk of lower prices for their products, and rising interest rates continue to weigh on farmers. According to the Purdue University/CME Group Ag Economy Barometer, last month’s reading of 105 was 3 points lower than in May. The overall decline in sentiment was due to a 5-point drop in the …
Tracking Various Agricultural Commodities
The markets have been a but quieter this week, mostly due to the fact they will be closed Thursday for the 4th of July holiday. So, Mark Oppold takes time to look back at how some of the agricultural commodities have performed the first half of this year.
Wide Range of Beef Prices
There’s a wide range of beef prices for holiday grilling. That’s coming up on This Land of Ours. If you love to grill beef at your cookout, you will find a wide range of products and prices to choose from. Some cuts may even be lower priced than last year. Gary Crawford reports.
Watching Weather Events
Many traders continue to keep an eye on various weather events taking place across the major growing areas. Mark Oppold has more details.
Hoping for a Rebound in the Grain Trade
The recent sell-off in the grain trade has many hoping a rebound is in the works. Mark Oppold looks at what analysts are hoping will take place.
More Maple Syrup This Year
Some would call it a breakfast staple. Why there’s more maple syrup coming this season. That’s coming up on This Land of Ours. The latest USDA outlook on maple syrup production indicates more product this season after a year-over-year production rebound. Rod Bain reports.
Three Year Lows in Corn and Soybean Futures
We are seeing three year lows in both corn and soybean futures. Mark Oppold looks at how history shows this is normal for this time of the year.
Summer Cookout Prices Up This Year
Your summer cookout could cost you more this year. That’s coming up on This Land of Ours. The American Farm Bureau Federation’s 2024 summer cookout survey revealed record high prices. “The largest price increases in the survey were for ground beef, which was up 11 percent, and lemonade, which was up 12 percent. The good news here is that we …
NCBA Calls USDA Proposed Rule “Direct Attack”
The U.S. Department of Agriculture (USDA) announced new action on the Packers and Stockyards Act (P&S Act). It says the Fair and Competitive Livestock and Poultry Markets proposed rule would tackle longstanding challenges around interpretations of unfairness and competitive injury for the livestock, meat, and poultry sectors. However, the National Cattlemen’s Beef Association (NCBA) issued a statement against the rule …
Hog Futures Looking for Support
Hog futures have not seen a lot to talk about as of late. As Mark Oppold reports, they have been in a free-fall and are looking for some support.