Columbus, OH

With the USDA cancelling its regularly scheduled July cattle inventory report due to budget cuts, a question that many would like to have answered is: How big is the U.S. cattle herd?. Fortunately, historical relationships between changes in prior and subsequent inventories and levels of cow slaughter in between or...

How big is the U.S. cattle herd?

Lean hogs settle the Monday session with contracts closing within 35 cents of unchanged in the nearbys. The USDA Daily Direct Hog report from the afternoon showed negotiated prices down $1.05 to $82.48. The CME Lean Hog Index was $91.90 on August 8, down 90 cents from the previous day.

Hogs Mixed to Close Monday

Live cattle futures were down 65 to 95 cents in the front months at Monday’s close. Cash trade saw $185-187 sales in the South last week, with northern trade down $3 to $193. Feeder cattle futures felt some pressure from gains in corn, with losses of $2 to $2.50 in the nearbys. The CME Feeder Cattle Index was down $4.14 at $245.57 on August 9. Monday’s OKC auction is estimated to sell 5,300 head with prices up $2 to 6 on the week for feeder steers and $10 higher for steer calves. Heifer feeders were firm to up $4, with calves $7-10 higher.

Cattle Close Lower on Monday

Georgia State

Georgia soybean grower Alex Harrell has shattered the world record yield for soybeans with a bin busting 218.2856 bushel per acre (bpa) average. Not only has he broken his own previous world record of 206 bpa, but he’s done it in back-to-back years. The 34-year-old farms about 4,000 acres...

New soybean yield record set at 218 bushels

1. Wheat futures modestly lower in overnight trading. Wheat futures were down slightly overnight as the U.S. harvest progresses and on increased production in Ukraine. Corn and beans were little changed. The U.S. winter wheat harvest was 93% complete at the start of the week, up from 88% seven days...

3 Big Things Today, August 14, 2024

Ohio State

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The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Lean hog futures posted $2 to $3.07 gains in the front months on Wednesday, as August rolled off the board. The national average base hog price was up $1.26 at $84.43 on Wednesday afternoon. The CME Lean Hog Index was $90.34 on August 9, down 58 cents from the previous day.

Hogs Rally Triple Digits on Wednesday

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

The manure spreader may be considered by some to be the lowliest of all farm implements. Yet, considering that it was one of the most frequently used implements on many farms and weighing the huge impact it exerted on reducing the back-breaking labor to spread manure across fields, enriching them. and boosting yields, the manure spreader deserves a prime position in the pantheon of farm machinery advances.

Celebrating the history of the manure spreader

How big is the U.S. cattle herd? Budget constraints have caused the USDA to limit the number of reports it releases. Among these is the July Cattle Inventory Report. However, there is enough historical context from which some conclusions may be drawn. “A model estimates the July 1 U.S. cattle...

Cattle Herd Contraction Appears To Be Continuing

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Cooking With Maryann

A good pizza sauce makes ALL the difference in the flavor and end result of your dish. Personally, I've not found any commercially processed pizza sauces that don't taste.... fake, so I made my own. I'm not a huge fan of tomatoes in a can as they tend to taste a bit metallic, but you use what you've got and it's 1000 times better than storebought. Fresh tomatoes are in season right now though, so if you can get them fresh, more power to ya!

10-Minute Pizza Sauce

Sales for 4WD tractors were up in July while other segments remained down, according to sales numbers from the Association of Equipment Manufacturers (AEM). “July’s uptick in 4WD ag tractors is a bright spot after a slowdown of sales in June and May of 2024,” says Curt Blades, senior vice president at AEM. “However, we are still seeing softness across the subcompact tractor market after years of strong sales. We know the challenges facing the market are complex. This is why AEM is focused on advocating for the swift passage of a farm bill to provide the certainty farmers need to make these purchases.”

Low equipment sales in July highlight need for farm bill

TheStreet

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

Food & Wine

The good news: It's easy to avoid getting sick to the gills.

Worms Are ‘Pretty Common’ in These Types of Fish — Here’s What to Do

December corn ended the day up 3½¢. November soybeans closed up 6¢. September wheat contracts closed mixed. CBOT wheat was up 6¢. KC wheat was down 1½¢. Minneapolis wheat was down a penny. "Monday’s bullish reversal remains supportive to corn prices as the market...

Corn and soybeans close higher | Wednesday, August 14, 2024

Today the USDA released the 20th Crop Progress report of the 2024 growing season. As of Aug. 11, 94% of the 2024 corn crop in the top 18 corn-growing states had reached the silk growth stage, the USDA says. This was up from 88% the week prior and is on par with the five-year average of 94%.

Corn and soybean conditions hold steady

Row crops ended ended lower Tuesday with soybeans making new contract lows again. Tomm Pfitzenmaier, Summit Commodity Brokerage, says soybeans suffered from report hangover as the market is still pricing in the 25% increase in ending stocks. However, soybeans also saw pressure from crop ratings remaining unchanged at 68% good...

Tomm Pfitzenmaier: Soybean Prices Crash as Crop Swells Dragging Down Corn

Denver, CO

On the night in January 2024 when volunteers counted people experiencing homelessness in Denver, no shelter beds were available for individuals or families, according to data provided by the National Alliance to End Homelessness. More than 2,500 individuals and 181 families slept outside, the data showed.

State of homelessness in Denver: Full shelters, surge in older adults

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Gold prices pared gains on Thursday as the dollar and Treasury yields rose after stronger-than-expected U.S. economic data that could influence the size of interest rate cuts from the Federal Reserve. Spot gold inched higher 0.6% at $2,461.36, after rising as much as 0.9% earlier in the session. U.S. gold...

Gold pares gains as dollar, bond yields climb after strong U.S. data

NewsBreak

Soybeans up 2¢ this morning | Thursday, August 15, 2024

December corn is down 1½¢ this morning. November soybeans are up 2¾¢. September wheat contracts are in the green. CBOT wheat is up 2¼¢. KC wheat...

Soybeans up 2¢ this morning | Thursday, August 15, 2024

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