The value of the U.S. dollar weakened substantially since March 2020 and is expected to experience modest deflation in 2021, making U.S. ag products more competitive globally. However, CoBank reports not all commodities are affected equally given the diversity in global export competition and foreign exchange rates. Fundamental factors like…
The Department of Agriculture Thursday extended the deadline to apply for the latest round of the Coronavirus Food Assistance Program. Agriculture Secretary Tom Vilsack told reporters the sign-up period will be extended, allowing producers more time to apply. The deadline will extend 30 days after USDA completes a review of…
The Western half of the United States is reported in various stages of drought in the latest U.S. Drought Monitor, released Thursday. Much of the Southwestern U.S. is in a classified extreme or exceptional drought, with the worst states being Nevada, Utah, Colorado, Arizona and New Mexico. The Drought Monitor…
Emotion of some of the net reduction in the salesMarket had some shifts at the beginning of the tradeCancelations & the fundamentalsWeather uncertainties with the GFS & European modelsDollar index…is there a head & shoulder top?Energy markets…year laterEthanol demand
MANHATTAN, Kan. – Kansas State University researchers have completed a large study of 211 livestock video auctions, analyzing the sale of more than 60,000 beef calf and feeder cattle lots to determine the effect of trucking distance on sale price of the calves. The K-State team accessed data indicating the…
Pilgrim's Pride Corporation this week pleaded guilty to price-fixing allegations. The Department of Justice announced the plea, and a sentence to pay approximately $107 million in criminal fines. According to the plea agreement entered in the U.S. District Court in Denver, from as early as 2012 and continuing at least…
The American Farm Bureau Federation is asking the Department of Agriculture to extend the deadline to apply for the Coronavirus Food Assistance Program. In January, an additional $13 billion in assistance was made available to help farmers and ranchers suffering losses due to the COVID-19 pandemic. The current deadline is…
Pumping more money into the commoditiesCorn & Beans increase due to weather in South AmericaDemand for U.S. WheatToday’s ethanol reportCattle trying to get back to normal post artic blast
Grand Island, NE—The Nebraska State Fair added two new Board members to the State Fair Board. Governor Pete Ricketts appointed Tom Dinsdale of Grand Island to serve as the Grand Island representative on the Board. Tom Schellepper of Stanton was recently elected to the State Fair Board, as the District…
Anyone considering expanding or diversifying their operations are invited to the Nebraska Pork Expo set for July 21 in York, Neb. The program will run from 8 a.m. to 5 p.m. at the Holthus Convention Center. Admission is free and lunch will be provided. Registration is requested by July 7,…
