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04Jan

Harsh Cold, Biting Winds to Threaten Midwest, Northeast into Weekend

AccuWeather reports despite already experiencing some of their coldest weather in recent years, residents of the Midwest and Northeast will need to brace for another round of arctic air by Friday. The arctic air will blast into the region behind the blizzard that hammered the coastal Northeast on Thursday. This new wave of cold air will be close to the level of cold experienced at the end of 2017 and start of 2018 in the Midwest, central Appalachians and interior South. Actual temperatures...

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04Jan

Regional Economics to Influence Hay Prices Most

For many livestock species, alfalfa is a critical component of the diet. As we look to 2018, national hay prices aren’t expected to soar, but look for regional economics to play a heavy role in the price you pay at the farm gate. Rising highway costs are making the expense of delivering hay more of a consideration, which is resulting in very regionalized hay prices, according to Dan Undersander, a member of the University of Wisconsin Madison forage team. The latest...

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04Jan

U.S. To Renegotiate Free Trade with Korea

This week the U.S. Trade Representative Robert Lighthizer announced that negotiations on amendments and modifications of the United States-Korea Free Trade Agreement (KORUS FTA) will begin Friday in Washington, D.C. The Trump Administration has long-voiced their desire to take another look at the agreement, which was first signed in on March 15, 2012. This trade agreement between the U.S. and South Korea has resulted in gains of market share for U.S. agriculture products in the Asian Pacific region due largely...

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03Jan

2018 Outlook: Beef Demand vs. Growing Cattle Supplies

Demand has proven the key to holding livestock markets in the black during 2017. Despite increasing beef production, cattle feeders experienced a booming market last spring that padded closeouts at times in excess of $400 per head. Demand, industry analysts say, was the driving force that kept pulling cattle forward and in the process a steep decline in carcass weights. That windfall for feed yards fueled the desire for replacement cattle, supporting prices for feeder cattle and calves at unanticipated levels. “Strong demand...

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02Jan

Buyers Learn About U.S. Grains During South Asia Trip

More than 70 nutritionists, purchasing managers and other decision makers attended the South Asia Trade Exchange, jointly organized by the U.S. Grains Council (USGC) and the U.S. Soybean Export Council (USSEC), in Colombo, Sri Lanka, last month. The U.S. Grains Council collaborated with the U.S. Soybean Export Council to conduct the South Asia Trade Exchange in Sri Lanka. Attendees from Bangladesh, Sri Lanka, Nepal, Pakistan and India traveled to the meeting to hear expert views on the U.S. production and trading systems....

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