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WASHINGTON, D.C. – USDA’s projections in the May 12, 2023 WASDE report estimate for very large corn and soybean crops this season, and a modestly higher all-wheat harvest. That’s good news for the cattle and beef industries For 2024, cattle prices are forecast above 2023 on tighter supplies.  The 2023 cattle price forecast is raised […]
WASHINGTON, D.C. – Analysts were keeping a sharp eye on corn yield and production in the Aug. 12 USDA World Agricultural Supply & Demand Estimates report. In the monthly report, released Thursday, Aug. 11, the agency was aggressive in lowering yield nearly 5 bushels per acre to 174.6 for corn. That pulled production down 415 […]