The dairy industry continues to struggle financially.
The supply and demand fundamentals continue to balance each other well, which is why prices continue to chop and traded in this sideways pattern. Yet be aware of what might be lurking ahead.
Hog slaughter for the week came to 2.215 million head, according to USDA’s weekly packer survey.
Dave Mowitz visited the John Deere archives in Moline, Illinois for an exclusive behind-the-scene
Due to advances in battery capacity and brushless motors, leaf blowers have graduated to high-volume blowers, offering farmers the ultimate portable clean-up tool for their operations.
The 2018 outlook early this year was for modest profitability. Now, it has shifted to losses plus higher costs and lost exports as China has implemented a 25% tariff on U.S. pork.
Cattle futures have come to life yet again.
A recent price recovery in both live cattle and lean hog futures contracts is offering an opportunity for producers to lock in better prices than existed just a few weeks ago.
Today's Cattle on Feed report is a bearish surprise. USDA’s monthly survey of feedlots found 2.6% more placements in August against the trade expectation of a 2.1% decline.
On the bear side, this year’s production will easily surpass next year. On the bull side, we have two new plants that are opening.
The week's kill may have come in a little larger than the trade was expecting.