by Doug Mayo | Oct 21, 2016
Cattle prices peaked at unprecedented levels in 2014, fell off a cliff in 2015, and took another steep nosedive in 2016. When you look at Figure 1 above you can see that average prices for weaned steers have fallen sharply back to 2010 levels this fall. From July...
by Doug Mayo | Oct 21, 2016
Many producers are probably sitting in fairly good position right now with regard to their cotton marketing and risk management. Provided they took advantage of the opportunities above 70 cents when the market was there—and I think many did. The question on the mind...
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...
