Recently released USDA projections reveal expectations for U.S. crop prices to decrease over the next 10 years while prices for major animal products, except hogs, are forecast to increase. Expected…
prices
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The CME Group has begun publishing a new Boxed Beef Index. The new pricing tool is designed to provide the beef industry with better price discovery by focusing on the…
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AFBF’S Market Intel series has examined the impact that COVID-19 has had on livestock, beef and pork markets over the course of the pandemic. Food production was significantly disrupted, especially at livestock processing facilities, where labor shortages…
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U.S. Department of Agriculture’s National Agricultural Statistics Service released their agricultural prices received for September showing hay prices in Wyoming and Montana are up for the state but mixed for…
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Cattle and beef markets have decreased from April highs with uncertainty in a variety of factors weighing on markets the past month. The latest threat of additional tariffs on Mexico rattled…
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Ronald A. Wirtz, Director-Regional Outreach, Federal Reserve Bank of Minneapolis There’s an old truism (among many) about farmers: Farmers have to be optimists, or they wouldn’t still be farmers. That…
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In just the last 3 years both cattle and wheat prices have declined by over 30{b9074abe8f97d35d556dcc91d04f630e2f89dbb1fa8fca20af3e4b7ae12c3e5a}. The profitability in agriculture has dipped sharply after cattle producers saw peak prices just…