Researcher doubts USDA soybean yield estimates

A soybean researcher has doubts about the accuracy of USDA’s projected soybean yields this year.  Shawn Conley with the University of Wisconsin says, “I think these yield estimates for NASS are overexagerated.” Conley tells Brownfield his boot-on-the-ground observations combined with nationwide satellite imagery don’t support USDA’s soybean yield expectations. “I’ll just use last year as…… Continue Reading

Live cattle down, feeders mixed ahead of direct trade

Chicago Mercantile Exchange cattle futures were lower and feeders were mixed, continuing to get ready for the week’s direct business. October live was down $.77 at $178.62 and December was $1.07 lower at $177.77. September feeders were $.62 lower at $241.30 and October was $.20 higher at $238.57. Direct cash cattle markets remained at a…… Continue Reading

USDA to encourage third-party verification for food label claims

A new guideline from the USDA’s Food Safety and Inspection Service encourages third-party verification of animal raising or environmental related claims found on food products at the grocery store. The agency says encouraging a third-party certification helps ensure the claims like “raised without antibiotics, grass-fed and free-range” are truthful and not misleading. The updated guideline…… Continue Reading

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