by Doug Mayo | Apr 27, 2018
Eighty-cent cotton is within sight. Prices (December futures) trended down last week, but rebounded on Thursday and Friday—closing at 79.43 cents. December 2018 futures broke 79 cents for the first time, and gained 52 points for the week. Some producers began and...
by Chris Prevatt | Apr 20, 2018
Last spring I wrote an article entitled “At What Weight should I sell my Feeder Calves” that bought forth many questions on the value of each additional pound of gain. This article will serve as a follow-up to revisit the value of gain, and share the calculation for...
by Doug Mayo | Apr 20, 2018
Cow-calf ranchers have an opportunity to add value to the weaned calves they sell, through a cooperative board sale. For the past 24 years cattle producers in Southeast Alabama, Southwest Georgia, and Northwest Florida have joined together to form marketing groups...
by Doug Mayo | Apr 13, 2018
A tariff is a fee assessed on imports. The tariff is a per-unit charge that has to be paid to the government by whomever brings the good across the border, and into the country. Assuming this fee is passed on by the importer, the impact of a tariff is to increase...
by Chris Prevatt | Apr 6, 2018
The August 2018 Feeder Cattle futures contract decreased by $11.30/cwt. during March. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $90.40/head ($11.30/cwt. * 8.0 cwt.) on an 800-pound feeder steer, which amounts to...
by Doug Mayo | Apr 6, 2018
On March 29, USDA released their Prospective Plantings report, which in my opinion, gets us much closer to what will eventually be the acres planted in 2018. The 13½ million acre neighborhood, or even higher, is what has been expected by many observers, and that’s...