Drought
A bad wheat crop is a bad wheat crop. It is not, by itself, a farm economic collapse.
For farmers and ranchers, the combination of expanding export opportunities, uncertain Chinese demand, and unpredictable weather will continue to shape markets heading into the months ahead.
Weather outlooks point to more moisture this fall as cattle producers look for alternatives to limited pasture and hay supplies.
Industry officials say rainfall will be critical as harvest expands northward.
Grain markets are watching China’s soybean buying commitments and worsening Corn Belt weather as analysts assess the outlook for crop yields, prices, and U.S. supply heading into harvest.
Austin Rice with Specialty Risk Insurance explains the fire recovery claims process and shares steps producers can take to protect their operation before losses occur.
Persistent drought and weak market conditions are forcing growers to rethink long-standing practices.
Rising diesel costs and greater pumping demand could pressure farm budgets this growing season.
Despite near-record cattle prices, widespread drought is complicating efforts to rebuild the nation’s cow herd.