The USDA projected tighter-than-expected wheat supplies for the 2021-22 crop year in its July World Agricultural Supply/Demand Estimates (WASDE) report released on Monday. Most of the other key figures in the report for the big three crops — corn, soy, and wheat — were in line with expectations, with yield projections left unchanged from June…. Read More
Much of the oxygen surrounding agriculture in the United States-Mexico-Canada Agreement has been used on dairy, but expect wheat to gain increased attention in the coming weeks if some U.S. farm groups get their way. Newly reappointed U.S. Secretary of Agriculture Tom Vilsack has mentioned USMCA enforcement and wheat several times in recent speeches, and… Read More
It appears the Biden and Trudeau governments are seeing many issues through a similar lense so far, especially when it comes to fighting climate change, enabling diversity, and a belief in science. Tuesday morning, Canadian Minister of Agriculture and Agri-food Marie-Claude Bibeau and USDA Secretary Tom Vilsack met virtually, to discuss the importance of the… Read More
There were no big surprises in the USDA’s February supply/demand report on Tuesday, although it had a slightly bearish tone thanks to a lower-than-expected corn export estimate. U.S. corn ending stocks for 2020-21 were reduced by 50 million bushels compared to the January report on a 50 million bushel increase in exports driven by China…. Read More
The November WASDE report from the United States Department of Agriculture led to some green on the screen on Tuesday as markets reacted positively to the news of higher corn exports and lower than predicted production. For U.S corn, production is pegged at 14.507 billion bushels, down 215 million from the last report, following a… Read More
The USDA boosted its yield estimates for corn and soybeans in its August World Agricultural Supply and Demand Estimates (WASDE). While the report was generally thought of as bearish, both corn and soybean futures ended the trading day on Wednesday higher. The department’s first survey-based corn yield forecast comes in at a record 181.8 bushels… Read More
This is an unforgettable time in the cattle markets for ranchers and feedyards. The United States Department of Agriculture released its Cattle on Feed report for April 1, and the results are close to expectations and would be considered bullish in a “normal” market. In the United States, total cattle on feed is down 5… Read More
United States Department of Agriculture Secretary Sonny Perdue held a press conference at the National Cattlemen’s Beef Association convention this week in San Antonio, Texas, to talk about the U.S. government’s work on trade, dairy access, and more. As one of the biggest supporters of U.S. President Donald Trump’s agenda, Secretary Purdue boasted about the… Read More
The USDA released its latest cattle on feed report for December 1, 2019. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totalled 12 million head, that’s up 2% year-over-year. Placements in feedlots during November totalled 2.09 million head, 5 per cent… Read More
With U.S. Democrats agreeing to changes on the USMCA, there is now a path for the agreement to seek ratification in all three countries. After the deal was announced, the Minister of Agriculture and Agri-food Marie Claude Bibeau and USDA Ag Secretary Sonny Perdue spoke about the agreement on the phone, with Bibeau later taking… Read More
The United States Department of Agriculture released its November 1 cattle-on-feed report, which saw results in line with pre-report expectations. Anne Wasko, of the Gateway Livestock Exchange, sums up the report below: “November 1 cattle-on-feed is up 1 per cent from last year at 11.8 million head. This is 7 per cent larger than the… Read More
Confirmation of what producers already know and a reminder of some of the upcoming obstacles has become evident in the latest USDA crop progress and condition report. U.S. corn conditions were reported at 58 per cent at good to excellent, versus the analysts projections of 57 per cent. This is a very slight improvement from… Read More
American President Donald Trump has authorized the department of agriculture to provide up to US$16 billion in assistance program payouts to American farmers. The announcement comes after President Trump directed Agriculture Secretary Sonny Perdue to create a relief strategy to support its farmers for the long-run as the country continues a trade war with China…. Read More
As farmers in the U.S. wait on the edge of their seats to learn how much each commodity will get for round two of the Market Facilitation Program (MFP), a source told two Bloomberg reporters that the Trump administration is eyeing $2 per bushel for soybeans. NEWS: Trump admin is preparing to announce another round… Read More
The U.S. Department of Agriculture (USDA) has announced it will be implementing a surveillance plan in an effort to be prepared when it comes to African swine fever (ASF). The program will function in full force spring of 2019. ASF is a highly contagious and deadly disease affecting both domestic and feral (wild) pigs. It… Read More