A year ago, drought conditions were affected 75% of the Continental U.S. Today that figure has fallen to just under 55%. 2022’s drought was the most widespread the U.S. had…
Drought
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Ag News StoriesGrain NewsLivestock NewsNews
USDA Forecasts 2023 Net Farm Income to Fall 16%
by Colter BrownUSDA’s Economic Research Service expects 2023 farm incomes to decline nearly 16% compared to 2022 due to lower cash receipts, smaller government payments and higher production expenses. U.S. net farm…
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CattleFax Forecasts Tighter Supplies, Improved Profitability and Potential Drought Relief
by Colter BrownTuesday’s USDA Cattle Inventory report revealed the lowest beef cow inventory in the US in the 50+ year history of the report. Down 4% from last year at 28.9 million…
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Omnibus Spending Bill Includes Ag Disaster Money and USDA Carbon Program
by Colter BrownThe massive spending bill negotiated for Congress to pass before adjourning includes language allowing USDA to establish rules and verification protocols for agricultural carbon market programs. The bill also funds…
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OMAHA (DTN) — Farmers and ranchers who have missed out on disaster or pandemic aid from the past two years will get another opportunity to demonstrate their losses and file…
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Cattle on Feed Reactions: Feedlots Turning the Corner?
by Colter BrownThe latest USDA Cattle on Feed report pegged the October 1 cattle on feed inventory at 11.449 million head, down 0.9 percent year over year. This is the first year…
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Winter Outlook: Warmer South, Colder North, Drought Persists in Many Areas
by Colter BrownThis year, La Niña returns for the third consecutive winter, driving warmer-than-average temperatures for the Southwest and along the Gulf Coast and eastern seaboard, according to NOAA’s U.S. Winter Outlook released…
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U.S. Durum Production Increasing While Food Use Remains Stable
by Colter BrownU.S. production of durum—the primary class of wheat used to produce pasta—is expected to increase in the 2022/23 marketing year after last year’s drought reduced production to its lowest in…
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Ag News StoriesLivestock NewsNews
Increased Beef Production Indicates Continued Cattle Industry Contraction
by Colter BrownThe year kicked off with a cattle inventory estimated to be down 2%, thanks to a 2021 calf crop down 2.3% from the previous year, due largely to the pressures…
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Ag News StoriesLivestock NewsNews
Bill Introduced to Improve Livestock Disaster Assistance
by Colter BrownU.S. Sens. John Thune (R-S.D.) and Ben Ray Luján (D-N.M.), members of the Senate Committee on Agriculture, Nutrition, and Forestry, recently introduced the Livestock Disaster Assistance Improvement Act, bipartisan legislation that would…