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Brad Kooima with Kooima Kooima Varilek says the USDA Cattle on Feed report was providing some support. The on feed number came in at 98% of a year ago, placements were at 95% which was below trade estimates and marketings were at 87%.
After a dry, unusually warm January, key Western river basins are in severe snow drought. With irrigation allocations at 0%, one Colorado producer warns tough planting decisions could reshape this year’s crop mix.
Jerry Gulke, president of the Gulke Group, says he was impressed with the outlook USDA provided on biofuels and trade at the Ag Outlook Forum, but does not agree with their acreage projections.
Shawn Hackett with Hackett Financial Advisors says the market fears that China will use the ruling as leverage to get out of its trade framework struck with the U.S. on Oct. 30 and that could include its soybean purchase commitments.
The company says its high-oil, low-carbon intensity seed products will help growers develop additional income from existing acres.
O-ring types and chemistries are not interchangeable. Modern machinery requires ones designed for specific uses. Here’s what you should use for agricultural fluid fittings.
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