Beef
USDA’s July WASDE report projects the smallest U.S. wheat crop since 1970, tighter corn stocks, stronger soybean exports, larger cotton supplies, and higher cattle prices.
Cattle futures eased as traders weighed inflation and consumer demand, while robust auction activity under tight herd supplies and new export opportunities continued to support the beef outlook.
Beef-on-dairy and longer feeding periods are helping producers navigate historically small herd sizes.
Weekly USDA export data showed beef leading the way as corn stayed strong and soybean sales weakened.
A Minnesota farm is improving soil health while creating new opportunities through regenerative farming.
Producers say the agreement helps fill cattle supply gaps and supports beef processors across the region.
The new USDA program, Strengthening Processing for U.S. Ranchers (SPUR), targets small and medium-sized beef processors during historically tight cattle supplies.
Building cash reserves during strong markets could help producers reduce debt and respond to future opportunities.
Higher beef prices continue to support food inflation, while egg prices have fallen as production rebounds.
The grants are designed to expand processing capacity, strengthen rural supply chains and improve access for livestock producers.