Cattle Market Commentary 7/31

Cattle & Ranch Report July 31, 2024    Live Cattle: Bonds made a new high from contract low today.  A signal of a need to lower rates, or better stated, stimulate.  Energy is believed initiating a bear market trend.  Consumers are believed to have begun to shift again, although resilience in beef demand appears to…

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Emergency Relief Program ERP Track 2

Initially when this program was announced, there was no deadline. There is now a deadline of August 14th! As a reminder, Track 2 is a revenue-based certification program that provides assistance for producers that suffered a loss in disaster year revenue as compared to the benchmark year revenue, that was due to necessary expenses associated…

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Cattle Market Commentary 7/11

Cattle & Ranch Report July 11, 2024  Live Cattle: A spate of activity across the commodity spectrum this morning.  Inflation continues to simmer, although a tenth of a percent lower.  Futures have started off a little higher, most likely due to enormous positive basis and lack of selling interest after a $7.00 plus decline.  The…

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Hail Cash Discount

Acreage Reporting    There is always a first and always a last.  As a reminder we need all acres reported and signed no later than July 15th this coming Monday!    We are also fast approaching the cash discount date of August 15th for hail insurance.  Cash Hail Discounts  The office must have ample time to…

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