by Doug Mayo | Oct 7, 2016
Chris Prevatt, UF/IFAS Regional Livestock Economics Agent The August 2017 Feeder Cattle futures contract decreased by $10.38/cwt. during September. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $77.85/hd. ($10.38/cwt. *...
by Les Harrison | Oct 7, 2016
Farming enterprises in the 21st century require many costly inputs to even have a chance of competing successfully. Equipment such as tractors, truck and harvest machinery are necessary, but a major long term expense. Thorough and regular maintenance is required to...
by Doug Mayo | Sep 16, 2016
I’m not 100% sure what the cotton market expected to see in this week’s USDA monthly estimates. As if anyone ever knows. Whatever the market was expecting, it didn’t get it; prices reacted accordingly—down. In the short term, markets and price direction are driven...
by Doug Mayo | Sep 9, 2016
The last few years most of the farm market news has been pretty discouraging, with declining market prices for peanuts, cotton, corn, soybeans, and cattle. In August, however, USDA released the 2016 Land Values Summary report that showed that the value of farmland has...
by Doug Mayo | Aug 19, 2016
In a recent newsletter, I referred to the sudden increase in cotton prices as “Christmas in July.” Well, as we all know, the new wears off eventually—even for Christmas gifts. July was a good month, but so far August has not been. Prices have come under...
by Doug Mayo | Jul 15, 2016
The calendar says July; but for the cotton grower it’s Christmas. This week’s USDA monthly supply and demand numbers were an unexpected gift. The market reacted positively and let’s hope prices can sustain the new-found optimism. Even if prices...
