A closer look net farm income. The latest USDA forecast indicates a drop of $1.2 billionfrom 2025. Nathan Kauffman with Federal Reserve Bank of Kansas City says commodity prices have been holding steady since 2024. “They’re still higher than what they were in 2019. But, once again, expenses are much higher than they were in […]

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The USDA’s reporting a mostly positive week for export inspections. Soybeans and sorghum both saw week-to-week and year-to-year improvements as purchases made earlier in the marketing year by China start to leave U.S. ports. Wheat was down on the week, up on the year, reflecting the solid demand from several key U.S. customers. Corn inspections […]

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Cash dairy prices were steady to higher on Tuesday except for powder at the Chicago Mercantile Exchange.    After a long period of unchanged prices, dry whey was up $0.02 at $0.74.  No sales were recorded.  Forty-pound cheese blocks were up $0.0625 at $1.45.  Six sales were recorded, ranging from $1.4150 to $1.45.  Cheese barrels were up $0.01 after holding steady for a long time, closing at $1.45.  One sale was recorded at that price.  Butter prices were unchanged at $1.7050.  Four sales were recorded, ranging from $1.6950 to […]

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Direct cash cattle trade activity is quiet.  Bids and asking prices haven’t surfaced.  If business follows the trend of recent weeks, significant trade volume will likely be delayed until sometime Thursday or Friday.  At the Joplin Regional Stockyards in Missouri, feeder steers weighing less than 800 pounds were $5 to $20 higher.  Yearling steers weighing […]

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