Red meat outlooks up, poultry and eggs down

The USDA raised its 2025 red meat production outlooks, while cutting the guesses for poultry and eggs. Beef production is now seen at 25.79 billion pounds, up 125 million from December on higher slaughter levels and placement numbers, with an average steer price of $196 per hundredweight, $5 higher, and larger imports and consumption against…… Continue Reading

Cotton, rice production both grow

The U.S. produced more cotton and rice in 2024 than 2023. The USDA says upland cotton production was 13.946 million bales, up 2.196 million on the year and above December’s projection, with increased harvested area of 8.071 million acres canceling out a decrease in yield at 829 pounds per acre. 2023 upland production was 11.75…… Continue Reading

Hemp growers eyeing farm bill discussions

The president of the Illinois Hemp Growers Association says the extension of the 2018 Farm Bill means their industry can continue to flourish under current federal regulations. Rachel Berry says the hemp industry is closely monitoring the ongoing negotiations of a new five-year bill. “There are talks of changing the farm bill and making things…… Continue Reading

Cash dairy prices end the week steady to lower

Cash dairy prices were steady to lower again Friday on the Chicago Mercantile Exchange.  Dry whey remains unchanged at $0.74.  One sale was recorded at that price.  Forty-pound cheese blocks were down $0.0775 at $1.82. Six sales were recorded, ranging from $1.82 to $1.8625.  Cheese barrels were down $0.02 at $1.85.  Two sales were recorded at…… Continue Reading

Winter wheat planted area rises

U.S. farmers planted more winter wheat. The USDA says all major types saw higher acreage on some expectations for improved export demand, along with continued solid domestic demand. The total of 34.115 million acres was up 2% on the year, including a 1% rise for hard red winter wheat in the southern and central Plains…… Continue Reading

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