Below you'll find a list of all posts that have been categorized as “Economy”
The U.S. dairy industry is applauding the Trump administration’s latest effort to challenge Canadian dairy trade practices and defend market access promised under the U.S.-Mexico-Canada Agreement, or USMCA. The White House announced this week it will impose a 50% tariff on dairy imports from Canada, invoking Section 338 of the Tariff Act of 1930. Administration officials say the action is …
Grain traders have shown reluctance to build additional weather premium into futures at this point, but temperatures returning to 100 degrees or more this weekend and into next week can certainly change that. Bottom line analysts say December corn needs consecutive closing over $4.76 to keep the upward momentum in place. August is soybean month, but another forecaster is holding …
The Federal Reserve Board concludes their two-day July meeting a week from today, with no move expected in interest rates. CME FedWatch Tool shows an 83% chance the Fed will leave rates unchanged, still a 17% chance of a small rate hike. Now, the Fed doesn’t meet in August. CME, though, is looking for some action at the September 15th-16th …
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 …
