Important USDA Disaster Assistance Programs Update for Livestock Producers We want to make sure you are aware of available federal disaster assistance programs for livestock producers impacted by qualifying drought conditions. Please review the program details and eligible counties below to see if your operation qualifies. 1.  Livestock Forage Disaster Program (LFP) Purpose: Provides compensation…

Important Date Even though the deadline to report acres to the office was July 15th, we are still processing all the data to get approved schedules mailed out to insureds. If you have received your binder in the mail or delivered to you, you will notice that it contains your hail billing, schedules of insurance,…

U.S. Secretary of Agriculture Brooke L. Rollins today in Missouri announced the U.S. Department of Agriculture (USDA) is maximizing disaster assistance support for producers by issuing a second Supplemental Disaster Relief Program (SDRP) payment to eligible producers who have approved program applications for losses due to natural disasters in calendar years 2023 and 2024. USDA’s…

In my opinion, you would think there would be a chapter, if not a book, to write about this week’s price action. There is not though because I believe that all markets are currently hinged to the oil market.  The oil market is dominated by the current actions being taken by President Trump.  No amount…

See below for the commodity and projected price:

In my opinion, the shorter cattle supply continued to embolden cattle producers this week.  A common thread this week has been money. How much is needed, and how much more will be needed, continues to be discussed amongst producers and lenders.  The bloodletting of packers continues as well with boxes in no better shape.  There…

In my opinion, the inventory report showed us pretty much what was expected.  That being, liquidation has been halted with fledgling signs of expansion.  With this quarter anticipated to be the lowest production numbers for the year, it suggests cattlemen will continue to pay top dollar today, and market into discounts in the future.  Getting…

In my opinion, not a great deal changed over the past week.  I think the Mexican border is no longer an issue.  Whether the cattle are north or south of the border, the same number continues to exist. I think enough time has elapsed that encouraged an increase in production and processing that suggests if…

In my opinion, the Mexican border issue with the New World Screw Fly is a moot point.  Friday’s price action is believed directly associated to comments made that morning about the fly and its proximity to the US border.  With over 15 months of the border having been closed, the Mexican cattle producer is believed…