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2016 August 19
Reality disappointed early-week projections of a strong-steady cash market last week. By close of trade last Thursday, over 78,000 head had been confirmed sold at prices ranging from $116-118.50 live and $185-187 dressed. These levels were down from the prior week’s $117-120 live and $186-188 dressed ranges

by DTN
2016 August 12
If the student is working on the farm for some part of the year, compensation can be a great tool. The student’s salary isn’t subject to income tax until it exceeds the standard deduction ($6,300 for 2016). Normally, there will be the 15.
by USDA
2016 August 12
The 2014 Farm Act revised the maximum income limitations (the income cap) that determine eligibility for most commodity and conservation programs and payments by replacing the separate limits on farm and nonfarm income specified in the 2008 Farm Act with a single total adjusted gross income cap of $900,000.
2016 August 12
There was a bit of a lull in the markets last week, almost as though the relative revelry of the markets in the last few weeks took a slight breather to look around. Announced changes to the futures market and the anticipation of the August World Agricultural Supply and Demand Estimates report likely clouded the market’s upward momentum.


2016 August 12
U.S. red meat exports ended the first half of 2016 on a positive note, as June export values for both beef and pork were the highest of the year. June also marked the second consecutive month of solid year-over-year volume growth, according to statistics released by USDA and compiled by the U.


by USDA
2016 August 12
Passage of the Federal Crop Insurance Reform Act in 1994 led to a spike in the use of crop insurance, reflecting the introduction of low-coverage, fully subsidized Catastrophic Risk Protection Endorsement (CAT) insurance and a temporary requirement that producers obtain insurance coverage to be eligible for other commodity support programs.


2016 August 12
For example, an appreciation of the U.S. dollar (stronger dollar) will increase the price of U.S. exports of currently produced agricultural goods. A depreciation of the U.S. dollar (weaker dollar) will decrease the price of U.S. exports in world markets..


2016 August 5
By the close of trade last Thursday, over 14,000 head had been confirmed sold. This was somewhat light, but still likely sufficient to set the trend for the week. Live cattle traded at $118, above the prior week’s $114-117 range, and dressed cattle sold for $187-188, the upper end of the prior week’s dressed price range.


2016 August 5
“We’ve seen quite a slide, 40 percent, which is quite challenging,” said Gerald Sullivan, who co-owns Santa Rosa Ranch in Navasota and Crockett with his daughter, Kelley Sullivan. “Not everything is bad, not everything is good. We’re also seeing an uptick in per capita consumption of beef.


by USDA
2016 July 29
The USDA Economic Research Service report, Feed Outlook, for July 2016 shows U.S. corn area in 2016/17 is estimated at 94.1 million acres, of which 86.6 million is expected to be harvested for grain, up 5.9 million from last year. With a national average yield forecast of 168 bushels, corn production this year would reach 14.
2016 July 29
Now is the time to start thinking about marketing opportunities for calves this fall. While prices are well below what was received last year at this time, considerations can be given to the seasonal aspects of feeder cattle prices and the opportunities that may exist to utilize risk management tools.
by USDA
2016 July 29
Following a period of decline due to the farm financial crisis in the 1980s, farm sector debt has trended upward since the mid-1990s but at a slower pace than growth in the 1970s.
2016 July 29
Did we hit bottom or not? That was the question hanging over most of the cattle and beef markets last week. The prior week saw some spectacularly bad prices for cash fed cattle, the beef cutout, and new lows in the cattle futures markets. Last week was the first opportunity the markets had to see if those lows were the lows of the season or not.



by USDA
2016 July 22
Growth in demand for food, and by extension for agricultural imports, is particularly sensitive to growth in per capita incomes in developing countries, where relatively large shares of rising incomes are typically spent on increasing both the amount and diversity of foods consumed.


2016 July 15
The cash fed cattle market was, like most of the cattle and beef markets, depressed last week. As of Thursday afternoon, almost 22,000 head had been confirmed sold. Cattle traded for $116-118 live and roughly $186 dressed, a $4 decline in all ranges compared to cash cattle the week before.


by USDA
2016 July 15
Based on simulations using farm-level survey data from USDA’s 2014 Agricultural Resource Management Survey (ARMS), about 3 percent of farm estates would have been required to file an estate tax return in 2015, while 0.8 percent of all farm estates would have owed any federal estate tax.




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