Agriculture News
Chip Flory and Pro Farmer Policy Analyst Jim Wiesemeyer discuss policy issues and happenings in D.C.
Sales of old- and new-crop corn were in line with expectations. Soybean sales were strong, as expected, with much of the business known thanks to USDA’s daily reporting system.
Soybean basis slipped but the cash price rebounded.
ERS made upward revisions to its 2021 food inflation forecasts for all food, restaurant and grocery store prices.
USDA announced today that it is updating the Coronavirus Food Assistance Program 2 (CFAP 2) for contract producers of eligible livestock and poultry and producers of specialty crops and other sales-based commodities.
But cotton ratings shot higher once more as Texas continues to receive rain.
There were 401.26 million lbs. of beef in the nation’s freezers at the end of July, just a 256,000-MT decline from the end of June versus the five-year average increase of 23.6 million lbs. for the month.
The corn and soybean CCI ratings are the lowest of the growing season.
Corn, soybean and wheat futures are firmer to start the week. Livestock futures are also higher.
Chip Flory and Washington policy analyst Jim Wiesemeyer discuss current D.C. policy issues and events...