Pro Farmer
Yesterday, USDA announced eligible livestock producers will receive disaster recovery assistance through the Emergency Livestock Relief Program for 2023 and 2024 Flood and Wildfire to help offset increased supplemental feed costs.
High yields lead to high nutrient removal rates, but next year, nutrient replacement and feeding a new crop comes at a higher cost
The agency plans to rescind a 2024 rule that placed habitat restoration and ecosystem protection on equal footing with uses like grazing, mining, energy development, and recreation.
Illinois and Ohio showed the largest gains in abnormally dry conditions
Seasonal decline in grain prices continue
Soybeans led strength overnight while wheat led weakness, falling to fresh contract lows.
Analyst’s expected net new crop corn sales to range from 900,000 MT to 2.4 MMT.
Trading in grains may be more subdued ahead of Friday USDA data