USDA Reports

Brad Kooima, Kooima Kooima Varilek, says grains are weak on more tariff talk. Cattle opened strong with the slightly friendly numbers in the Cattle on Feed Reported Report and a possible cash bottom forming.

Scott Varilek, Kooima Kooima Varilek, says corn and soybeans fell heading into the weekend on profit taking and technical selling, plus lower crude oil and a higher dollar.

Jon Scheve discusses the latest USDA report and how likely it is for corn prices to go even higher.

USDA’s annual Cattle Inventory Report released Friday shows the U.S. total cattle inventory shrunk another 1% over the past year, with the number of beef cows also down 1%.

Last year’s USDA Cattle Inventory Report showed the smallest cattle herd since 1951. With strong heifer prices and no strong signs of rebuilding underway, the Ag Economists’ Monthly Monitor shows supplies may come in even lower than last year.

The latest USDA American Farms and Ranches at a Glance report offers insights to how row crop growers are making a go of it financially in 2025.

Brad Kooima, Kooima Kooima Varilek, says live cattle futures are consolidating which is healthy. Meanwhile, corn and soybeans make new highs for the move still digesting USDA’s bullish report data and the shocking cuts in yield, production and ending stocks.

Jon Scheve discusses highlights from last week’s USDA report and how prices could be impacted for corn, soybeans, and wheat.

Jerry Gulke, president of the Gulke Group, says as of Friday’s report, USDA has dropped corn ending stocks nearly 1 billion bushels from their initial estimate during the February 2024 Ag Outlook Forum when the agency projected carryout at 2.532 billion bushels based on trend-line yield.

Markets saw a double-digit rally as USDA says the 2024 corn and soybean crops were not as big as originally projected.