Below you'll find a list of all posts that have been categorized as “Economy”
The U.S. Department of Agriculture has released their price forecast for Milk and Milk Products for May 2026. World Agricultural Outlook Board Chair Mark Jekanowski explains, “With those very strong nonfat dry milk prices, that contributes directly to strong class four prices. So for 2026, we raised our class four price by $1.35 per hundredweight. It’s now at $19.95 per hundredweight. For 2027, …
Bottom Line analysts join others suggesting we may see increased cattle placements and increased cattle numbers in the on-feed report this afternoon. Current estimates show total cattle on feed in April could be up two, two and a half percent this afternoon. Placements during April up seven, maybe eight percent. That would be the first month-over-month increase in placements in over two years. Cattle …
The U.S. Department of Agriculture Risk Management Agency has announced updates to improve insurance coverage through livestock programs beginning in 2027. “These updates expand coverage options, update eligibility definitions and strengthen program consistency across RMA’s livestock portfolio. These enhancements are another way we are putting Farmers First. We want to ensure that livestock and dairy operations across the country have …
It’s been a trend in agriculture and agribusiness that seems to have accelerated each of the passing decades, get bigger or get out, and certainly evident in the farm equipment industry. Farm Equipment Magazine recently published the top 10 largest ag equipment dealers in North America. Number one on the list, a prime example of getting bigger, it’s United Ag and Turf out of …
Precious metals not all that precious as they were even two weeks ago. Inflation back on the front burner heading into the memorial holiday and precious metals certainly feeling the effects. Still six more days of trade in the month of May after today, but so far for the month gold down over two percent to near 4500 dollars an ounce. That’s the lowest …
Expanded daily trading limits for live cattle and feeder cattle futures could make the convergence on the June futures very interesting about a month from now. CME announced late week that daily limits for live cattle will increase to $8.50 starting June 1st, $10.75 for feeder cattle on the same day. June live cattle started the week yesterday about $10 below the current cash …
Georgia Senator Jon Ossoff has introduced legislation to cut taxes for Georgia farmers. The Farm Disaster Tax Cut Act would provide eligible farmers tax cuts after natural disasters, revenue losses or pest outbreaks. The bill excludes crop insurance indemnity payments from taxable income. Senator Ossoff said, “Georgia’s farmers are the cornerstone of our state’s economy and many of our communities. …
U.S. Secretary of Agriculture Brooke Rollins announced the removal of lenders from the USDA Rural Development Lending program. The lenders removed from participation in the OneRD Guaranteed Lending program include portfolios with approximately $620 million in delinquent loans. According to the department this accounts for approximately 47% of Rural Development’s delinquent loans. Secretary Rollins said, ““The Trump Administration has absolutely …
Southern Ag today reports that the United States is a major competitor in producing agricultural products, but one area that erodes U.S. competitiveness is the increase in government regulations. Southern Ag reports that it shows that the total number of pages of the Code of Federal Regulations increased from around 15,000 in 1950 to around 190,000 today. If the cost of U.S. regulations were …
More headlines showing up, wondering if these Iranian rumors and elsewhere headlines across the world setting a commodity trap, especially in the live cattle and feeder cattle trade. We take a look at where the live cattle and feeder cattle futures might find some solid support. Big declines here late week and early week, trying to stabilize August live cattle rolling from June to …
