ARC and PLC Payments for 2023 The 2023 marketing year for wheat ended on May 31st and PLC and ARC payment rates have been published by FSA. The marketing year for corn and soybeans does not end until August 31st, so payment rates remain estimates based on information currently available. ARC and PLC program data…

QUALITY: Unfortunately, there are no discount factors for low protein.  But there is vomitoxin, scab, aflatoxins, and falling numbers. I have included the charts for Vomitoxin, Falling Numbers for Durum and Wheat as that is what is showing up most common this year. For example, if you harvest 50 bu wheat with 5.5ppm vomitoxin your…

  With Small grain harvest well under way though out the Dakota’s we wanted to make sure to report on the findings as well as the current price tracking. Northwest (Minot area) bushels are running 60-100bu on average inclusive of drown out acres with Protein running 12-14 (heavily discounted) Northeast bushels are running 90-120 with…

Cattle & Ranch Report August 9, 2024    Live Cattle: I expect a little house cleaning today as traders have been through a whirlwind of volatility this week.  Margin clerks will be expected to wrap up everything before the close so Monday will start with a clean slate.  Today’s reprieve from selling should help to give…

First, a couple weeks ago, USDA announced a final deadline for sign up for the ’22 ERP disaster program. That deadline is about a week away from today, August 14, 2024!  This deadline will apply to Track 2 applications. Beware – ERP ’22 is a very messy program… the ground has shifted and it will likely shift again because…