Markets

U.S. cattle on feed totaled 11.1 million head on August 1, up 2 percent from 2025, while July placements fell 11 percent to a record low.
Anhydrous prices are still 27 percent higher than a year ago.
Persistent losses and tight cattle supplies are forcing beef packers to reduce processing capacity.
President Donald Trump said the imported beef will be sold at 25 percent below current market prices.
NCBA says reopening the Douglas port could restore feeder cattle supplies while maintaining New World screwworm safeguards.
Ethanol production remains historically strong, but rising inventories and weaker gasoline demand could limit additional growth.
Seasonal slaughter is expected to increase into fall, but tight supplies should continue supporting cull cow values.
Results remain below last year as scouts wrap up their journey across the Corn Belt.
Researchers are also working to strengthen African swine fever preparedness.
As beef prices have climbed roughly 9-13 percent, some shoppers are shifting toward pork and chicken, which remain more affordable per gram of protein.
Additional tariffs against Canada have been paused as negotiations continue.
USDA says a historically small U.S. wheat crop is tightening ending stocks as extreme heat hits European production and war disrupts Black Sea exports.
Farm Bureau Economist Bernt Nelson explores how blockchain and digital assets could impact agriculture through asset ownership, supply chains, traceability and financing.
Weak grain prices could limit China’s demand for U.S. corn despite potential trade opportunities.
ASFMRA CEO Amanda DeJong explains how accreditation, market knowledge and specialized expertise can help landowners and investors navigate rural property markets.
The initiative combines dairy ingredients with recipes designed for school breakfast programs.