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p4 Conservation Funds
GFN: Climate conscious farmers leading the way

Most farmers don’t need an incentive to do the right thing, says guest blogger Gabriel Carballal.

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Cold Storage Report signals sizzling beef demand

Frozen beef stocks dropped 4.3% during June whereas they typically hold near steady for the period.

Market Watch | July 22, 2021

Cash prices generally strengthened for grains, soybeans.

Warm and dry in the South, Central and West; cooler in the North, Northwest
Spotty Midwest drought improvement, spring wheat areas still baking

“Active weather prevailed across much of the South, East, and Midwest, as well as parts of the Plains, into the middle of July, followed by a southward shift in widespread shower activity,” today's report says.

Net corn sales reduction as price surge clips demand

On the other hand, wheat sales climbed in the face of rising futures prices, with USDA also reporting a small but unexpected sale for 2022-23.

Semi-annual Cattle Inventory Report expected to reflect ongoing herd contraction

Given last year’s pandemic-related disruptions to the cattle herd, the data could receive more market attention than it typically does, with traders likely to take particular note of USDA’s calf crop estimate.

High degree of uncertainty about coming cattle placements number

On average, analysts surveyed by Reuters expect USDA’s Cattle on Feed Report to show there were around 11.324 million head of cattle on feed as of July 1, down 1% from year-ago levels.

Reuters: White House delays rulemaking on RFS

The Biden administration has delayed its annual rulemaking process regarding its biofuel blending mandates under the Renewable Fuel Standard (RFS) for 2021 (2022 for biodiesel), Reuters says in an exclusive report.