The current High Pathogenic Avian Flu outbreak has broken records since it began more than a year ago.
U.S. ag officials have spent $670 million dollars to try to get it under control. According to APHIS, the majority has gone to compensation for depopulated birds and eggs. The rest has gone to culling and disposal, personnel, state agreements, and field costs.
To date, HPAI has taken nearly 59 million birds and caused countless losses for producers.
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All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
The Fertilizer Research Act, reintroduced by Sens. Grassley, Ernst, and Baldwin, would direct the USDA to study and publish public reports on competition and pricing trends in the fertilizer market.
