by Doug Mayo | Feb 9, 2018
On January 31, 2018 the USDA’s National Agricultural Statistics Service (NASS) released their annual January 1 Cattle Inventory Report. The total U.S. cattle inventory was estimated to be 94.4 million head, which was a 1% increase as compared to 93.7...
by Doug Mayo | Jan 19, 2018
New crop Dec18 futures now stand at over 75 cents. The reasons for much better prices seem fairly obvious, but what has been somewhat surprising is the strength of the uptrend. Prices have now improved 5 to 6 cents or about 8 to 9% since the most recent “plateau” at...
by Doug Mayo | Dec 1, 2017
Back in May, when most of the 2017 cotton crop still remained to be planted, USDA released its first supply and demand projections for the 2017 crop marketing year. That first projection for total World use was 115.75 million bales. That was back in May. The most...
by Doug Mayo | Nov 17, 2017
Source: Livestock marketing Information Center Cattle prices during the fourth quarter of 2017 were significantly stronger than expected. Higher prices caused 2017’s calculated cow-calf return over cash costs plus pasture rent to be revised up. In fact, earlier...
by Doug Mayo | Nov 17, 2017
Source: American Farm Bureau American Farm Bureau Federation’s 32nd annual price survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $49.12, a 75-cent decrease from last year’s average of...
by Doug Mayo | Oct 20, 2017
Don Shurley, UGA Emeritus Cotton Economist Last week, I visited an “apple house” in north Georgia. On this day, there were 3 or 4 bus loads of kids there also—touring the orchards, petting animals, and eating all sorts of yummy stuff. In the store, you could buy...
