Cattle prices are up. There’s no doubt about that. Nominally prices are at or higher than where we were in the 2013 to 2015 cycle. June 2023 average monthly prices …
Drought
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Ag News StoriesGrain NewsLivestock NewsNews
USDA Announces Emergency Relief Assistance for Producers Who Incurred Disaster Related Losses Due in 2022
by Colter BrownWASHINGTON, May 19, 2023 — Agriculture Secretary Tom Vilsack today announced plans to roll out $3.7 billion in Emergency Relief Program (ERP) and Emergency Livestock Relief Program (ELRP) assistance to …
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USDA Offers Livestock Disaster Program Flexibilities for Producers Hit by Drought and Winter Storms
by Colter BrownBozeman, Montana – USDA’s Farm Service Agency (FSA) has provided additional flexibilities and further enhanced disaster recovery assistance provided by the Emergency Assistance for Livestock Honeybees, and Farm-raised Fish Program (ELAP), Livestock Indemnity …
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USDA Announces Assistance for Distressed Farmers Facing Financial Risk
by Colter BrownWASHINGTON, March 27, 2023 – The U.S. Department of Agriculture (USDA) today announced that beginning in April it will provide approximately $123 million in additional, automatic financial assistance for qualifying …
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Drought Conditions Expected to Improve for the Northern Plains this Spring
by Colter BrownA 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 …
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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 …