by Doug Mayo | Jun 17, 2016
Maybe it’s just me, but this year’s USDA Acreage report seems to be on the back burner. Usually there is pre-report speculation on the June number and how it might compare to the March Prospective Plantings number. I’m not seeing or hearing much this year. For what...
by Doug Mayo | Jun 3, 2016
The 64-cent area (Dec16 futures prices) seems to be the limit that this market is willing to go at this point. Additional positive market factors could take us to 66 cents—but 64 cents has been tested twice over the past month or so and the market shows no ability,...
by Doug Mayo | Jun 3, 2016
Chris Prevatt, UF/IFAS Livestock Economist The August 2016 Feeder Cattle futures contract made a $5.60/cwt. price improvement during May. Based on this futures price increase, August Feeder Cattle revenues increased by approximately $42.00/hd. ($5.60/cwt. * 7.5 cwt.)...
by Doug Mayo | May 20, 2016
April was a good month for cotton prices. So far, May has not been. Prices do seem to be attempting somewhat of a recovery, however. Both old crop July futures and new crop December futures have bounced back to recover about half of the decline we’ve experienced so...
by Les Harrison | May 20, 2016
The Federal Reserve Banks’ Beige Book indicates agricultural conditions were mixed across the country in its April 13, 2016 release. Chicago, St. Louis, Minneapolis, Kansas City, and Dallas Federal Reserve Banks reported poor prospects for agricultural profitability...
by Doug Mayo | Apr 22, 2016
Lately, it seems everything that could go wrong has gone wrong. If we were playing backyard football, the cotton market would get called a penalty for piling on. Growers are frustrated. Some growers and agribusinesses are hurting financially after a tough 2015, and...
