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Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.
The June Farm Journal Ag Economists’ Monthly Monitor reveals a majority of ag economists support reopening the Mexican border and rank weather and input costs as more immediate threats to the U.S. cattle herd.
Acres saw a minor uptick while analysts expected a modest cut
Corn acres landed above the average pre-report estimate, though lighter-than-expected June 1 stocks are supportive. Wheat acreage and stocks were mostly short of average pre-report estimates.
USDA says Trump’s executive order suspending phosphate duties could cut fertilizer prices by about 22%, saving U.S. farmers an estimated $1.82 billion annually across 97 million planted acres.