Farm Economy
Texas agricultural losses due to the 2011 drought reached a record $7.62 billion, making it the most costly drought in history.
As commodities skyrocket, you have to wonder how much feeder cattle placements are really worth.
Some other USDA operations would continue, but many wouldn’t
The Japanese earthquake could have a large effect on U.S. grain and beef exports, but likely will have only a minor effect.
Congress and regulatory oversight agencies have held hearings to examine the role of speculation in commodity markets.
Match the smallest cowherd on record with an upswing in beef demand, and the stage is set for higher cattle prices across the board.
Some other USDA operations would continue, but many wouldn’t
In the third quarter, farm income and loan repayment rates weakened.