Drought
Analysts say drought, tight cattle supplies and summer grilling demand continue shaping the protein market outlook.
Drought and Planting Shape Weekly State Agriculture Recap
Firefighters continue battling multiple wildfires across southwest Kansas as drought conditions fuel fire danger and raise concerns about additional cattle herd liquidation.
Analysts say poor crop conditions seen on the annual Hard Red Winter Wheat Tour, combined with cheaper overseas grain supplies, are weighing on the industry as the annual tour wraps up.
Scouts say yields are landing close to USDA projections as they monitor drought pressure and abandonment concerns.
Cattle analysts say the U.S. beef cattle herd rebuild still faces major hurdles despite some minor positive signals noted in certain regions.
A bipartisan Senate delegation recently traveled to China ahead of President Trump’s meeting in Beijing.
The lower outlook follows months of drought stress across major winter wheat regions, where some producers have abandoned fields or shifted acres to grazing instead of harvest.
Farm CPA Paul Neiffer discusses SDRP payment limits and offers advice for those seeking higher limits.
Mike Schulte with the Oklahoma Wheat Commission joins us to discuss drought stress in the Great Plains and the current outlook for Oklahoma’s winter wheat crop.