Domestic Crop and Livestock Production
Expanded coverage gives cattle producers another way to protect future calf values as they consider rebuilding their herds.
Meridan Agribusiness Advisors researchers estimate beef-on-dairy cattle now account for roughly 20 percent of calf and beef supply, with room to grow.
Waterlogged soils are also contributing to nutrient deficiencies as growers are urged to scout fields.
Production is still expected to decline as growers face water, weed and disease challenges.
Stronger ethanol production is providing additional domestic demand for corn heading into harvest.
Allendale estimates the national corn yield at 178.7 bushels per acre, two bushels below USDA’s August estimate. Its soybean yield is 52.6 bushels per acre, just one-tenth below the USDA estimate.
Heavier cattle are helping maintain beef output as tighter supplies continue to reduce slaughter numbers.
Growers expect good quality as weather-related losses reduce apple supplies in other states.
Washington should not try to manufacture a lower beef price. It should create the legal, tax, and economic environment that gives American ranchers a reason to produce more beef.
New regulations aim to reduce the threat from Prince Edward Island while allowing safe trade to continue.