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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Cattle Market Commentary 6/26

Cattle & Ranch Report June 26, 2024   Live Cattle: August and October fats pushed to a new high today.  While only by a fraction, it will be more than interesting to see if there is follow through, or a last ditch effort to resume a bull trend.  Open interest has been increasing slightly.  I…
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Cattle Market Commentary 6/20

Cattle & Ranch Report June 20, 2024   Live Cattle: The spread today between front end and back leads me to believe the industry is wrapping up the end of the holiday seasons for the summer and preparing for the doldrums.  Grocer and restaurant buying for the July 4th weekend is believed wrapping up as next…
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Cattle Market Commentary 6/12

Cattle & Ranch Report June 12, 2024 Live Cattle: Stagflation is painfully slow in declining, but it is. Nothing new today that I can see.  Boxes continue to rise, opening further margin to packers and rationing beef to the consumer.  I continue to see nothing to do in the live cattle market, as fewer do…
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