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Economists often say that market prices are determined by demand and supply. What they really mean is more correctly stated as “market prices are determined by expectations of demand and supply”. Under more stable and normal circumstances, this distinction is not particularly significant. Ho…

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While most of the world has secluded itself in isolation, across the Midwest spring rains are producing a high volume of nutritious forage critical to beef producers’ success, especially in challenging market conditions.

The planting season begins another year under considerable uncertainty. While trade issues remain, the continued spread of the coronavirus and the ensuing market collapse complicates an already difficult decision. Projections from many market observers indicate increases in corn and soybean …

Disruptions in normal activities due to COVID-19 have produced a surge in at-home food demand. Recent reports indicate a 77 percent year-over-year increase in grocery meat sales in mid-March. The spike in grocery demand has overwhelmed the retail meat supply chain resulting in temporary shor…

The cattle and beef industry, along with the rest of the U.S. and global economy, is in uncharted waters with the coronavirus pandemic. There are many unknowns about the timing, severity and aftermath of the disease. For the beef industry, there are longer-term questions about overall impact…

The sharp price drops across equity and commodity markets over recent trading sessions indicate investors foresee a drop off in economic activity over the near term. Only the duration and severity of the economic contraction remain uncertain. A severe contraction extending into the summer do…

The ongoing human health issue, known as COVID-19, serves as a reminder to cattle ranchers about the importance of sound, common sense biosecurity measures that can aid in reducing the risk of a disease outbreak in the new 2020 calf crop.

Coronavirus was the only topic of discussion that really matters once again this week. Depending on which way the headlines read, the stock market was either sharply higher or sharply lower. We even had the largest one-day point day ever on the Dow Jones. The volatility and the uncertainty, …

The U.S. Department of Agriculture’s soybean ending stocks forecast of 425 million bushels for the marketing year may show little, if any change, in the upcoming World Agricultural Supply and Demand Estimates report. Despite the recent strength in soybean crush, the current focus is squarely…

Wholesale beef prices typically increase seasonally from February into March but have showed only scant improvement from the February low three weeks ago. Last week, the Choice boxed beef cutout was $206.94 per hundredweight, up $1.23 per hundredweight from the February low, but 8 percent be…

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For more than 47 years, animal handling expert Temple Grandin has guided the cattle industry through improved corporate facilities, animal welfare awareness and on-farm animal management. Last week at the Spring Forage Conference in Springfield, Missouri, Grandin shared some of her new findi…

On March 2, the latest U.S. Department of Agriculture Grain Crushing report provides an estimate of corn used for ethanol production in January. In the February World Agricultural Supply and Demand Estimate report, the USDA raised corn used for ethanol production by 50 million bushels, to 5.…

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At the KOMA Beef Cattle Conference held recently at the Springfield Livestock Marketing Center, experts explained how beef producers could take a second look at their operations to improve profitability.

Global markets are being roiled by coronavirus (known as COVID-19) and cattle markets are no exception. The combination of broad-based market fears and current market impacts have taken a big toll. One of the functions of futures markets is to anticipate the worst and, not surprisingly, futu…

Old crop corn basis and futures spreads continue to signal a smaller crop scenario than the price levels in the futures market suggest. Futures price levels reflect the uncertainty associated with the coronavirus and the potential weaker growth its continuation promises. Producer grain holdi…

The latest U.S. Department of Agriculture Cattle on Feed report shows feedlot inventories totaled 11.928 million head on Feb. 1, up 2.2 percent year over year and the highest total for the month since 2008. January marketings were 101.1 percent of last year, close to pre-report expectations.…

With slightly warmer temperatures and Punxsutawney Phil’s timely predictions of spring around the corner, sheep and goat producers are hoping for a gentle introduction to 2020 for their livestock’s progeny.

Latest weekly steer carcass weights were 897 pounds, down 4 pounds from the prior week but 12 pounds heavier than the same week one year ago.  Heifer carcass weights in the latest weekly data were 833 pounds, up 1 pound from the previous week and 13 pounds heavier than the same week last yea…

Soybean prices put in a moderate rally last week. An outlook for a large South American soybean crop and uncertainty of the impact on economic growth associated with the evolving coronavirus situation hang over U.S. soybean demand scenarios moving forward.  Expanding soybean acreage in 2020 …

“Old iron.” That’s an affectionate term that farmers have for the old tractors and farm equipment of yesteryear. Those durable old pieces of equipment can serve as reminders of our agricultural heritage and how agriculture still serves our food supply. Today, we’ll meet a group of volunteers…

Uncertainties regarding the potential trade deal and coronavirus outbreak remain as negative forces for commodity markets. Corn prices came through the difficulty relatively well over the last couple of weeks. March corn futures prices continue to bounce around in a range between $3.75 and $…

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