Below you'll find a list of all posts that have been categorized as “Economy”
The United States Cattlemen’s Association (USCA) testified before the Office of the U.S. Trade Representative, urging for strong comprehensive trade action under Section 301. Jenna Stanton, USCA Director of Policy and Public Affairs, expressed support of additional tariffs on Brazilian bovine products. Stanton said, “Brazil’s cattle sector enjoys an unfair advantage that no U.S. rancher can, or would ever want …
Tomorrow’s monthly crop report could be pushed aside by changing weather forecasts. The July report historically can be a non-factor, always squeezed between the quarterly stocks and final acreage numbers that come at the end of June, and the August report that for the first time is based on actual field surveys and not computer models. That report, by the …
The American Farmland Trust’s Beef Grazing Network is launching a redesigned Beef Producer Economic Resilience Initiative, in part with the USDA’s Advancing Markets for Producers Program. The $42 million project will support 700 beef producers from the Mid-Atlantic, Southeast, and Texas. These funds are aimed at making producers’ operations more profitable and resilient, through sustainable grazing systems. Dr. Richard Watson, …
Weather forecasts front and center in the grain trade here at midweek, but U.S. and European weather models disagree going forward. Bottomline grain analysts suggest that commodity fund traders have been looking for any reason to go long in this market, and weather was the reason this week. Now, there’s a catch. European weather models show a hot, dry August …
World events certainly affect grain, and livestock markets all year long, but as we move deeper into July, weather takes more of a spotlight for both. Markets back open today after the holiday. We hope it was a great weekend for family and friends. We mentioned in a report last week that December corn historically reaches a top 10 to …
Markets are closed Friday for the July 4th holiday, leaving today and tomorrow for grain and livestock traders to get comfortable with their positions ahead of the three-day break. We have six months now in the books, and we take a look at our list of 48 commodities that we track each day and how they’ve performed since New Year’s. …
Average trade estimates show grain analysts expect a lower corn acreage number from USDA today and a slightly higher soybean number. In March, USDA put corn at 95.3 million acres. We expect a number at or just below 95 million today. Planters rolled nearly nonstop, especially in this area, resulting in a few more soybean acres nationwide. We think 85 …
President Donald Trump is asking Congress to approve more than $11 billion in additional agricultural assistance, including $10 billion in economic aid for producers across the country and another $1.1 billion specifically for Florida farmers recovering from devastating winter storms and freezes. The request is part of a larger supplemental funding package now before Congress. Florida Farm Bureau Federation President …
The U.S. The Department of Agriculture recently released the annual Supplemental Nutrition Assistance program payment error rates. These rates are a measure of how accurately states determine eligibility for SNAP. According to a press release from the USDA “The national payment error rate for fiscal year (FY) 2025 is 10.62%, far surpassing the congressional threshold of 6%. While this is …
A headline from Bank of America caught our attention late week saying the Fed is fed up with continued inflation and about to do something about it. Bank of America financial analysts say the Fed has tolerated annual inflation above its 2% target going on five years now. And they forecast the Fed will raise interest rates by a quarter …
