Below you'll find a list of all posts that have been categorized as “Economy”
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 …
The Federal Trade Commission announced this week that they are formally launching a sweeping investigation into fertilizer pricing and market concentrations. They are marking the first significant federal scrutiny of the fertilizer industry in years and giving farmers hope that the long-running concerns over soaring input costs and limited competition may finally face some legal examination. Speaking before farmers this …
Trade discussions between the U.S. and China may have significant impacts to agriculture. Agricultural markets across the Southeast are continuing to react to last week’s summit between President Trump and Chinese President Xi Jinping, where trade and agricultural purchases were major topics of discussion. Following the meetings in Beijing, reports indicated China may expand purchases of U.S. agricultural products as …
Mortgage rates continue to push higher, reaching a nine-month high as we look to June. Mortgage Bankers Association says average 30-year mortgage rates rose to 6.65% this past week. That is a nine-month high. Rates had been trending lower since about this time last year, bottoming out at around 6% in late February, but rising every week since. The Bankers …
