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2015 August 28
Last week saw one of the most spectacular falls in Chinese markets the world has been allowed to see. Last Monday alone, the Shanghai Stock Exchange Composite (SHCOMP) fell 8.5 percent, one of the largest single-day declines possible for the market. And this was only one day in a weekslong decline.


2015 August 28
The cash fed cattle trade was sluggish at best with the leverage in the hands of the packers to buy cattle cheap. By Thursday, barely more than 8,500 head had been confirmed sold which was too slight a volume to set a trend. Live heifers traded between $140-145, but averages were on the lower end of the range, and dressed steers were going for $227.


2015 August 21
Compared to the prior week, the cash fed cattle trade was rather lively in terms of pace if not price. The vast majority of trade was completed by Wednesday, and by Thursday over 94,000 head had been confirmed sold. Live cattle sold between $145-148 and dressed cattle sold between $231-233.


2015 August 21
Feeder cattle prices have bounced off the recent summer lows. For the week ending August 14, 2015, the Oklahoma seven-market average price of 450-500-pound, Medium/ Large, number-one steers was $283.81/cwt., up from recent summer lows and $7-$8/cwt. higher than this time last year.


2015 August 21
A farmer recently asked a very simple but extremely relevant question at a market outlook meeting: “Will I ever see high grain prices again in my lifetime?” The farmer asking this question started his farming career in the early 1980s and remembers the low commodity prices and tough financial conditions in agriculture at the time.


by USDA
2015 August 21
Herbicide-tolerant (HT) crops, developed to survive application of specific herbicides that previously would have destroyed the crop along with the targeted weeds, provide farmers with a broader variety of options for effective weed control.


by USDA
2015 August 21
Agricultural total factor productivity (TFP) is the difference between the aggregate total output of crop/livestock commodities and the combined use of land, labor, capital and material inputs employed in farm production.


2015 August 21
Beef export volume in June was down 8 percent from a year ago to 96,716 metric tons (mt), while export value fell 9 percent to $578.9 million. This was the second consecutive month that export value fell below last year’s level, resulting in first-half value being steady with 2014’s pace at $3.


2015 August 14
Oklahoma feeder cattle prices are currently at about the same level as this time last year. The difference is that cattle prices increased steadily last year and were on the way up. Hot dry weather in July and August this year has pulled feeder cattle prices seasonally lower from peaks in May and June.


by DTN
2015 August 14
Erik Norland, an economist at CME, compared how spot futures contract prices and futures spreads for a variety of commodities behaved in the 12-24 months after National Oceanic and Atmospheric Administration’s Climate Prediction Center Oceanic Niño Index signaled the beginning of an El Niño or La Niña.


by DTN
2015 August 14
There are some comments about taxes that make me shudder. Here are five that cause me concern: • “I enjoy preparing my own return.” It’s rare, but on occasion I encounter that farm producer who does his own return. Today’s tax system is insanely complex, especially when business activity is in the mix.


by USDA
2015 August 14
The number of rural (nonmetropolitan) counties that lost population in 2010-14 reached a historic high of 1,310. The recent economic recession, increased global competition, and technological changes led to widespread job losses in rural manufacturing.


by USDA
2015 August 7
Imported food and beverages that were purchased directly by U.S. consumers (such as farm-raised shrimp from Thailand, fresh avocados from Mexico, and wines from Spain) accounted for $186.9 billion—13 percent of this total. The remaining 87 percent ($1.3 trillion) was spent on domestically-produced food and beverages.




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