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California's Good-Bad Water Supply and New Dairy Cattle Testing Rules
The Agribusiness Update
Heavy rainstorms this spring have boosted California’s water supply for farming but have dampened farmers market attendance and crop selection, and the USDA has mandated testing for H5N1 of dairy cattle that cross state lines in a move to protect the livestock industry.
Suit Over New Emissions Rules and New Dairy Cattle Testing Rules
The Agribusiness Update
Attorneys generals from 25 states, including Florida, Georgia and Alabama, have sued the EPA to block rules to reduce emissions from cars and encourage electric vehicle manufacturing, and the USDA has mandated testing for H5N1 of dairy cattle that cross state lines in a move to protect the livestock industry.
Corteva Petition Controversy and Severe Spring Weather Possible
The Agribusiness Update
Six major commodity groups sent a letter to the ITC encouraging a NO vote in advancing a petition from Corteva Agribusiness, and forecasters say the spring severe weather season may quickly shift into high gear with favorable tornado conditions over the next few weeks.
Klamath Water Allocations and US Ag Under 10% Greenhouse Gas Emissions
The Agribusiness Update
Klamath irrigators are frustrated over water allocation for farms, and U.S. agriculture represents just under 10% of total U.S. greenhouse gas emissions.
GA Farm Bureau to D.C. and US Ag Under 10% Greenhouse Gas Emissions
The Agribusiness Update
A group of 37 Georgia Farm Bureau members and staff visited Washington, D.C., earlier this month to meet with members of the Georgia congressional delegation, and U.S. agriculture represents just under 10% of total U.S. greenhouse gas emissions.
National Pork Producers Council on Prop 12
Line on Agriculture
The National Pork Producers Council does not want a patchwork of livestock standards.
California Livestock & Wolves and Drone Swarm Exemption
The Agribusiness Update
Farmers and ranchers gathered in Sacramento recently to advocate on policies impacting agriculture, including financial support for livestock impacted by wolves, and the FAA issued an exemption for “drone-swarm” agriculture for seeding and spraying crops at a fraction of the cost.
California Livestock & Wolves and Drone Swarm Exemption
The Agribusiness Update
Farmers and ranchers gathered in Sacramento recently to advocate on policies impacting agriculture, including financial support for livestock impacted by wolves, and the FAA issued an exemption for “drone-swarm” agriculture for seeding and spraying crops at a fraction of the cost.
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Weekly Beef Exports Up 15%
This weeks Beef Exports were 15 % higher than the previous week and 4% higher over the month.
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Beef Futures Steady
Cattle Futures steady following Tuesday’s selloff, as Cash cattle remain resilient.
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Sell Off Continues In Beef Markets
The selloff continues in the Beef Market, as prices hit 60 day lows.
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Beef Market Correction
Traders see a bit of a of correction in the Beef Market following the Cattle On Feed Report last.
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Cattle Market Consilidates
Feeder Cattle fell sharply lower last week, as cash cattle prices remain red hot.
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Corn Climbs Higher
The Corn Market picked up some momentum yesterday with export expectations in line with USDA estimates.
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More Sideways Trading
Both the Beef and Grain Market fell into the red yesterday as outside markets continue to play a role in commodities.
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Outside Markets Weigh In On Beef Market
Finally the Beef Market cools off as Live and Feeders found resistance in front running contracts.
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Weekly Cattle Update
Feeders and Live Cattle hit a bit of a lull last Thursday but finished the week on in the Green.
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Highs Turn To Lows
Cash Cattle continue to trend higher, however Live and Feeder Cattle hit a wall as prices fell yesterday.
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Strength Continues In Beef Market
The strength continues in the Beef market in all sectors as prices are up over 30% from the past 12 Months.
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Cash Cattle Rally Again
The Beef Market continues to find momentum as Cash Cattle trend higher.