Agriculture Secretary Brooke Rollins launched a "Product of USA" labeling
campaign at National Agriculture Day, where officials praised Trump's farm
policies while AFBF President Zippy Duvall warned of serious ongoing hardships
facing rural America.
:^USDA Touts 'Product of USA' Campaign
Just as crops have deep roots, so do farm families. As we celebrate and
honor agriculture, even with its changes and challenges, think about the
generations of farmers who grew their communities as well as crops and
livestock to feed the world.
1^Honor Our Roots as We Celebrate Ag
The soybean/corn price ratio certainly supports a shift in area from corn
to soybean planting this spring, but it will need to be monitored for signs of
that transition being too great.
BCanada Markets
Both the live cattle and feeder cattle contracts were able to close higher
Monday afternoon, but with choppy boxed beef prices, historically slow
throughput, and cash prices yet to be determined, the week still has some
challenges ahead.
BSort and Cull
The May soybean futures chart appears to be forming a bear flag pattern
that typically indicates a downward resolution. However, chart patterns are
certainly not always highly reliable and there are outside market forces
controlling the narrative on grain and soy lately.
FTechnically Speaking