Evening Edition | Wednesday, August 24, 2022
In tonight's Evening Edition, read about U.S. corn conditions and the record Brazil soybean crop, cattle and hog markets, and new ATV and UTV models.
Terry Roggensack of The Hightower Report writes, "The technical action was positive yesterday for live cattle, but the market does not seem to have the bullish demand factors to spark a resumption of the uptrend just yet."
The USDA report Friday was clearly bearish showing short-term supply above the range of estimates and beef prices have fallen to their lowest level since May 20.
Without a quick turn higher in beef prices, speculative long liquidation selling is a threat.
Under-conditioned sows can also mean reduced farrowing rates, animal well-being issues and lower herd longevity, writes Mark Moore.
Getting an entire barn filled with sows to the ideal body condition can be tricky. For years, evaluating the ideal body condition has been highly subjective.
Read about how to build a consistent, effective conditioning program on your operation.
- READ MORE: How to properly evaluate sow condition
Corn and Soybean Crops
Editor Natalina Sents Bausch writes about crop conditions in Texas, Kansas, and North Carolina.
Corn farmers in these states have been challenged by drought and more.
Between the three states, 313 counties have USDA disaster designations. Corn condition in the respective states is rated as the worst in the U.S. at this point in the 2022 growing season.
Natalina Septs Bausch also reports on the USDA assessment across the top 18 corn growing states, which says just 7% of the country’s corn crop is in excellent shape.
However, Illinois, Iowa, Michigan, Pennsylvania, North Dakota, Ohio, Indiana, and Missouri have higher rates of excellent corn.
Click the link below for a more detailed look at weather and crop conditions in three of the leading states.
Brazil is set to plant its biggest soybean crop to date, as farmers in the world's largest supplier of the oilseed get ready to sow a larger area starting in September.
In its first forecast for the next crop, Brazil's food supply and statistics agency Conab said on Wednesday that the soy harvest will grow by 21% to a record 150.36 million tonnes.
A rise in Brazil's soybean output will boost exports to an estimated 92 million tonnes, representing a 22.2% rise from the 2021/2022 harvest and record.
ATVs and UTVs
Editor Alex Gray reports on the new 2023 Arctic Cat ATVs and UTVs, which incorporate GPS integration from Garmin.
The Garmin TREAD Navigator can be seamlessly integrated into Arctic Cat’s Prowler Pro UTVs and Alterra 600 ATVs.
The 2023 Alterra 600 ATVs start at $9,199 for the base model, with the Mud Pro and Black Hills Edition both starting at $11,599. The Prowler Pro EPS model starts at $15,499, and the Prowler Pro Crew model starts at $16,999.