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.
For the money, top-line tractors from the 1970s and 1980s offer the best price-per-horsepower value.
Dave Mowitz features a unique service vehicle built from an old school bus.
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.
This analyst and firm believes wholeheartedly that futures prices made for the projections are artificially inflated.
This is the third consecutive year that the calf crop size has increased after bottoming out at 33.5 million head in 2014.
USDA's monthly survey of feedlots found that they placed 16.1% more cattle in the nation's feedlots in June.
Pork producers are watching the weather forecast almost as intently as crop producers. Current feed prices are already high enough to turn the 2018 outlook into expectations for losses.
This firm says hang on to hedges . . . but until when?
For agricultural commodities, larger supplies generally result in lower prices. This year's hog market is going against that adage with both larger supplies and higher prices.