Category: Ag News

Justin Lewis Market Wrap-Up for November 24, 2023

US Dairy Loses in USMCA Dispute With Canada

In a setback for U.S. dairy industry, the U.S.-Mexico-Canada Agreement (USMCA) dispute settlement panel upheld Canada’s dairy quota administration practices. Today the panel announced that Canada was not obligated to make further changes. An earlier panel ruled in January 2022 that Canada had improperly restricted access to its market for U.S. dairy products. In response, …

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Thompson, Scott Statement on USMCA Dairy Dispute Decision

House Agriculture Committee Chairman Glenn “GT” Thompson and Ranking Member David Scott today released the following statement after the USMCA dispute settlement panel issued its finding regarding Canada’s dairy tariff-rate quota (TRQ) allocation measures in favor of Canada: “We are disappointed in today’s announcement and the decision of the dispute panel. It is critical the U.S. encourage and enforce USMCA, …

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USMCA Dispute Panel Limits Canadian Market Access

Today’s ruling by a U.S-Mexico-Canada Agreement (USMCA) dispute panel allowing Canada to restrict the dairy access that the United States negotiated for in the USMCA pact weakens the agreement’s value to the US dairy industry, according to the National Milk Producers Federation and the U.S. Dairy Export Council. An earlier panel ruled in January 2022 …

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Livestock Market Economist Derrell Peel Believes 2024 Cow Herd Numbers Could Be Lowest Since 1961

Senior Farm and Ranch Broadcaster, Ron Hays, is back visiting with Oklahoma State University livestock market economist, Derrell Peel about beef cow herd numbers. In January of 2023, the beef cow herd number issued by the USDA was at 28.9 million head. This number is a 4 percent drop compared to January of 2022. Looking …

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AFBF Farm Dog of the Year Contest Connects Pet Lovers with the Ag Industry

At the recent National Association of Broadcaster’s convention, Farm Director KC Sheperd had the chance to visit with the American Farm Bureau Federation Vice President of Communications, Terri Moore. Sheperd and Moore talk about the Farm Dog of the Year contest and the Ag Innovation Challenge. Moore said the Farm Dog of the Year contest …

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US Wheat Associates Weekly Price Report – November 22, 2023

    U.S. wheat markets will be closed on Thursday, November 23, in observance of the U.S. Thanksgiving holiday. Wheat markets ended the week mixed following Monday’s (Nov. 20) drop to new contract lows for all wheat futures. December 2023 CBOT soft red winter (SRW) futures were up 5 cents on the week, closing at …

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Funding Opportunity – Crop Protection and Pest Management

The Crop Protection and Pest Management (CPPM) program addresses high-priority issues related to pests and their management using integrated pest management (IPM) approaches at the state, regional, and national levels. CPPM supports projects that ensure food security and respond effectively to other major societal pest management challenges with comprehensive IPM approaches. Projects must be economically …

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Friday Preopening Market Update with Dave Lanning

RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.

Credit End Meats With CAB® Value-Add

Fed cattle prices have been under pressure for the past two weeks with yet another $2.19/cwt. average decline in last week’s fed steer values. This culminates into a two-week downward adjustment of $7/cwt. in cash fed cattle prices. The now month-old October 1st Cattle on Feed report, with a surprising increase in September placements and …

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