Fed Cattle Market Sets New High
Last week fed steers came in near $200 per cwt in the Northern Plains market. The weekly average fed steer price was $198.09 per cwt. This was a negotiated, live, weighted average price across quality grades.
Farm Sentiment Weighed Down By High Inputs, Rising Rates and Low Commodity Prices
The Purdue University/CME Group Ag Economy Barometer Farmer sentiment indicated an erosion of farmer sentiment in June.
Overhaul of Federal Milk Marketing Rules Proposed
The USDA released a 332-page proposal that would eliminate a change made by the 2018 farm bill to how milk is priced under federal milk marketing orders.
Inflation Heats Up Cost of July 4 Barbeque
The annual ritual of the July 4 barbeque will come at a steep price this year. It will cost $99.00 to host a 10-person barbeque, according to the 2024 Rabobank BBQ Index, which measures the cost of staple ingredients
Pecan Industry Stays Course on Research and Promotion Program
The pecan producers and importers voted to continue the American Promotion Board's research and promotion program.
Crops Devastated By North Carolina Drought
While much of the Upper Midwest struggles with too much moisture, North Carolina grappled with drought conditions.
Supreme Court Chevron Decision Could Affect USDA and EPA Regulations
View of marble columns and greek classical architecture of the United States Supreme Court building with sunrise in background
Federal Funds Will Promote Tree Fruit, Berries and Grapes
The USDA's Regional Agricultural Promotion Program (RAPP) announced $300 million in funding to build demand for tree fruit, berries and grapes.
USDA to Compensate Dairy Farmers 90% of Milk Value Lost to Bird Flu
Agriculture Secretary Tom Vilsack announced that dairy farmers will be compensated for 90% of the value of milk lost due to bird flu infections.
Farmers Planted an Estimated 91.5 Million Acres of Corn and 86.1 Million Acres of Soybeans
The latest USDA Acreage report came in higher than its March report with 91.5 million acres of corn and 86.1 million acres of soybeans.