Futures markets rallied in recent days following record national average prices paid for fed cattle. With several USDA reports on the way, we are about to get a better picture on where markets are heading in 2025.
AFBF Economist Bernt Nelson spoke with RFD-TV’s own Tammi Arender on what we can expect from upcoming reports, demand in the cattle market, and what producers should keep an eye on.
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Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
According to the most recent version of the Household Food Security Report for 2022-2023, food insecurity is on the rise in the U.S.
Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
