FSA Loan Information With the uncertainty in the soybean market regarding basis, I thought we would send out some information on FSA programs for loan rates. I’m sure all of you know and understand that basis does not affect the way crop insurance values commodities. They use future pricing and as of today we do…

In my opinion, the cattle markets price action this week will help in deciphering demand.  Whether from cattle feeders, feed yards, packers, or consumers, if the price moves lower from here, it will simply be due to a lack of demand from one, or multiple entities.  With the border shut, and significant controversy of who…

The USDA RMA has released the Final harvest prices for the following crops.  With a significant price drop from the initial price set in Feb to the Harvest prices now set it is important to double check your production for losses.  With the price movement and refiguring of guarantees your bu trigger becomes a lot…

Fall Information Update   Corn Chopping for Silage: Any acreage that exceeds 50% of the unit chopped for silage vs grain corn needs to have an appraisal done prior to chopping.  I would encourage all silage choppers to have an appraisal done regardless of the amount of acres it’s just easier. RYE Planting: If you…

We will continue to keep you updated weekly on the progress of the prices (usually Friday). If you have any questions or concerns about the pricing, please do not hesitate to call the office.

In my opinion, the increase of volatility, and further price expanse, may have produced a point in which production schemes of paying inflated retail for incoming feeder cattle, with only a discounted wholesale price to market into, have come to a pause.  Whether a long pause, or short, the spread between starting feeder and finished…

LRP has an advantage at the moment due to compatibility of derivatives to the physical product. That being calves. Last week’s data showed placements were down by 4% more than expected. This is believed to be due to a retention of heifers due to increased hay production and pasture conditions in the spring of this…

Disaster updates in place and coming this summer.   ECAP Updates: (Emergency commodity assistance program) This was simple math, they took the Per acre PMT rate and multiplied it by the number of acres planted for 2024.  The initial payment was factored by 85%.  To date the program has paid $7.8 million in payments leaving…

Cattle & Ranch Report July 1, 2025      Live Cattle: An increase in cattle pulled forward to be marketed in July video sales tend to be delivered in September and October.  With more inventory believed pulled forward, due to basis spreads, and coupled with inventory from the south, and no telling how much of,…

Our chief Meteorologist, Rob Kupec, is tracking 2 rounds of severe weather that will affect most of the State. Currently we are looking at storms forming in both western and eastern North Dakota. In the east, storms should form along and north of I-94, with the potential for large hail, damaging winds and tornadoes. These…