Wheat
Cashing in on higher prices for cull cattle as meat demand stays high. Plus, trouble grows for wheat growers in a global surplus, and ag machinery sales slump.
A study by Kansas State University shows farmers in the state would need a yield of 60 bushels per acre at $6.26 per bushel to break even.
USDA’s Economic Research Service attributes that to wheat becoming a rotational crop as farmers mix it in with more profitable corn or soybeans.
Brazilian agriculture faces hurdles with low rainfall and an approaching heat dome which may cast a shadow over crop production.
With the wheat harvest around the corner, the agricultural world is abuzz with anticipation and speculation.
In Oklahoma, their progress report shows the crop is 70 percent good to excellent, which is up 7 percent from January.
USDA economists are expecting U.S. wheat exports to go up.
Winter wheat is thriving is some areas despite a five-percent reduction in planted acres in Oklahoma. However, pasture and rangeland still face challenges posed by ongoing drought.
USDA Meteorologist: How another round of “arctic” snowstorms could impact livestock and winter wheat
USDA Meteorologist Brad Rippey says a couple of areas of concern include continued stress on livestock, and if extreme cold temperatures induce winter kill on the winter wheat crops in some regions.
According to USDA Meteorologist Brad Rippey, there are some positive trends emerging in winter wheat, hay production, and cattle inventory as despite the uncertainties brought by El Niño.
Looking ahead, the USDA’s National Crop Progress and Condition Reports are set to resume weekly distribution in April. Here’s a look at where winter wheat crops stand now at the beginning of 2024.
The winter time is typically thought of as a slower time in the agricultural world, but for Midwestern cattle ranchers and wheat producers, that’s not the case — they are having quite a busy season!
