Weather, Cattle and Markets - What To Expect

This week, the American Feed Industry Association held its Digital Dialogues webinar series, highlighting what we can expect for the weather, cattle and global markets. The weather discussion was no small talk. Art Douglas, Ph.D., of Creighton University, said that for the first time in eight years, we are experiencing a major La Nina event, which is creating a drought over large swaths of the United States. The La Nina will also cause drought issues with this year’s South American summer crops and the winter wheat in the U.S. plains. The prediction is that winter cattle feeding in the U.S. will benefit from a warmer and drier weather pattern this winter.  Douglas also provided an outlook fo

93rd National FFA Convention and Expo Next Week

FFA members and supporters from across the country will log on to their smart devices next week to celebrate agriculture during the 93rd National FFA Convention and Expo. The event, which is traditionally the largest student convention in the country, will be held virtually this year. While the event will look different this year, an FFA spokesperson says it will "still have the amazing programming that we always offer our students and supporters." The general sessions, which will recognize the award winners, will air live on RFD-TV and the Cowboy Channel and streamed on RFD-TV Now, the Cowboy Channel + app and FFA.org, allowing members and supporters to tune in and watch gavel-to-

This Week's Drought Summary (10/22)

Over the past week, beneficial precipitation fell over the higher elevations of Washington and Oregon, in much of Montana (particularly the mountainous western half), in the Lower Missouri River and Ohio River valleys, and in New England, leading to improving conditions in parts of these regions. Meanwhile, the southeast United States (with the exception of the Florida Peninsula) was mostly dry. Dry weather also continued across much of the central and southern Great Plains this week, as well as most of the southwestern United States. With background dry conditions in many areas that did not receive rain, combined with high evaporative demand over much of the High Plains and western United S

La Niña to bring cool North, warm South conditions

Nearly 47% of the U.S. is experiencing some form of drought, highest level since September 2013. The National Oceanic and Atmospheric Administration (NOAA) recently released its winter forecast for the U.S., revealing odds favor warmer, drier conditions across the South, and cooler, wetter conditions in the North, the result of an ongoing La Niña. Forecasters at NOAA’s Climate Prediction Center — a division of the National Weather Service — are also closely monitoring persistent drought during the winter months ahead. Currently, large areas of drought extend over the western half of the U.S., with parts of the Northeast also experiencing drought and near-record low stream flows. The most rec

USDA Weekly Crop Progress Report - Corn, Soybean Harvest Both 17 Percentage Points Ahead of Normal

OMAHA (DTN) -- Mostly dry weather across much of the nation's midsection last week helped farmers push harvest past the halfway mark for corn and hit the three-quarters mark for soybeans by the end of the week, according to the USDA NASS weekly Crop Progress report released on Monday. NASS estimated that 75% of soybeans were harvested as of Sunday, Oct. 18, up 14 percentage points from 61% on Oct. 11. That was a slower pace than the previous week but still puts this year's harvest 17 percentage points ahead of the five-year average of 58%. "The soybean harvest is 96% complete in Minnesota, Nebraska is 92% harvested, Iowa is 90% complete and Illinois is 81% harvested," said DTN Senior Analyst

This Week's Drought Summary (10/15)

A dry pattern continued this past week over large portions of the continental United States, with a few exceptions being areas impacted by Hurricane Delta or its remnants, parts of the Upper Midwest and middle Missouri River Valley, and parts of the Northeast. In areas of the Northeast that received an inch or two of rain, some improvements were made in the ongoing drought areas there. As a storm system and associated cold front brought showers and thunderstorms to parts of the Middle and Upper Missouri River Valley and to the Upper Midwest, some improvements were made to ongoing drought there. Abnormal dryness abated in a few areas of Louisiana and Mississippi, which received copi

USDA Weekly Crop Progress Report - Over Half of US Soybeans Harvested

OMAHA (DTN) -- The U.S. soybean harvest rocketed past the halfway mark last week, propelled by well-ahead-of-normal progress across the Midwest and Upper Midwest, according to the USDA NASS weekly Crop Progress report released on Tuesday. The report was delayed from Monday due to the federal holiday. NASS estimated that 61% of soybeans were harvested as of Sunday, Oct. 11, a leap of 23 percentage points from 38% the previous Sunday. That pushed this year's harvest progress to 19 percentage points ahead of the five-year average pace of 42%. "Soybean harvest is over 80% complete in Minnesota, the Dakotas and Nebraska and is 78% complete in Iowa," said DTN Lead Analyst Todd Hultman. The harvest

This Week's Drought Summary (10/8)

Temperatures for the week were below normal over much of the Plains, Midwest, South, Southeast and Mid-Atlantic, with departures of 5-10 degrees below normal for many locations. The West continued to be warm with temperatures near normal to slightly above through the Rocky Mountains and 5-10 degrees above normal over the West Coast. Temperatures in New England were also slightly above normal, with the greatest departures in Maine. Below-normal precipitation dominated almost the entire country. Precipitation amounts were greatest over the eastern seaboard, with the Northeast recording the most rain. Almost no precipitation was recorded in the western two-thirds of the country. In the next sev

Ag Economy Barometer rises in September 2020

Crop price rallies and the announcement of CFAP2 helped the rise in sentiment. Farmer sentiment hit a post pandemic high in September, according to the Purdue University/CME Group Ag Economy Barometer. The index rose to a reading of 156, up 12 points from August and up 60 points from its 2020 low in April. The Current Conditions Index also saw an uptick, jumping 18 points to a reading of 142 in September, and the Future Expectations Index rose 9 points to a reading of 163. The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted Sept. 21-25. This past month marked key changes in the agricultural economy. On Sept. 18, the U.S. Department of

USDA Weekly Crop Progress Report - Soybean Harvest Progress Leaps Ahead

OMAHA (DTN) -- U.S. farmers took advantage of mostly dry conditions across the nation's midsection last week to speed ahead with harvest, particularly of soybeans, according to the USDA NASS weekly Crop Progress report released on Monday. NASS estimated that 38% of soybeans were harvested as of Sunday, Oct. 4, a jump of 18 percentage points from 20% the previous Sunday. That puts this year's current progress 26 percentage points ahead of last year at the same time and 10 percentage points ahead of the five-year average of 28%. The faster-than-normal harvest was likely aided by the crop continuing to reach maturity slightly ahead of normal, with 85% of the crop estimated to be dropping leaves

October Issues Preview

Amy Coney Barrett’s nomination to the Supreme Court was on the fast track in the Senate until a coronavirus outbreak hit key senators. But regardless of when she gets a confirmation vote, it’s clear that having a sixth conservative on the high court would have far-ranging implications on everything from health care to technology policy to environmental regulations. POLITICO’s policy teams cast a wide net to see how Barrett would influence the nine-member high court, should she be confirmed by the Senate. Here’s what we found: QUICK FIX — The biggest and most politically volatile case of the new Supreme Court term is the challenge to the Affordable Care Act brought by the Trump administration

Precipitation prospects dim for West

Lack of rain affecting record wildfire season and wheat production prospects. No precipitation is expected in the near future in the West, where wildfires rage and drought continues to expand. “There is not a single drop of rain in sight from the Pacific Coast to the High Plains. That also happens to be the part of the country most impacted by drought at this point,” U.S. Department of Agriculture’s meteorologist Brad Rippey said. As of Sept. 29, nearly 43% of the U.S. was experiencing drought, while nearly 62% was experiencing some form of dryness or drought. If precipitation doesn’t occur soon, “we’ll be looking at a significant chunk of the hard red winter wheat production area that will

This Week's Drought Summary (10/1)

Tropical Storm Beta made landfall on September 21 about 10 pm CDT near Port O’Connor, TX, with sustained winds near 45 mph. Once inland, slow-moving Beta weakened and turned northeastward, crossing the Mississippi Delta before dissipating on September 25 over the Southeast. Nevertheless, heavy rainfall associated with Beta caused local flooding, especially along and near the middle and upper Texas coast. Beta’s heavy rain tracked across an area (centered on Mississippi) experiencing abnormal dryness (D0) and moderate drought (D1), leading to a significant boost in soil moisture. Mostly dry weather covered the remainder of the country, aside from a few showers in the upper Great Lakes region

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