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Less than a week after Louisiana was ravaged by Hurricane Ida, farmers and ranchers are assessing the damage with recovery gets underway. And now a disaster relief fund is aimed to provide financial help.
We’re finally on the backside of the cattle cycle. Calf crops are getting smaller, and the inventory of 2019 and 2020 born cattle on feed continues to shrink.
The percentage of heifers in USDA’s August feeder cattle sale reports is higher this year in all three marketing channels – auctions, direct sales and video auctions – an indication of the drought’s influence.
U.S. Secretary spoke on the impacts of climate change in the agricultural industry, as well as prevention plans set forth by the Biden Administration, during Thursday’s Farm Journal Farm Country Update.
Net cash farm income, which tracks producers’ cash flow, is forecast by USDA at $134.7B for 2021. That number is up $6.4B from February’s forecast and would be an increase of 21.5% from 2020’s $110.9B.
Officials in North Dakota are investigating the suspicious deaths of 58 pregnant cows grazing U.S. Forest Service rangeland. The loss to the rancher is estimated at $100,000.
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