By Alaina Friesleben and Ann Johanns
New information and decision tools are available in the August edition of Ag Decision Maker to help farmers and livestock producers make informed marketing decisions for their yields and herds.
As harvest approaches, understanding cattle marketing tools and basis is especially important, as crop yields directly affect feed availability and prices. By incorporating these resources, producers can better navigate market conditions and make more confident, risk-aware marketing choices.
Crops
According to a recent Ag Decision Maker article by Chad Hart, extension economist at Iowa State University, the USDA projects the largest corn crop on record (16.7 billion bushels), while soybean total production is expected to dip, primarily due to reduced acreage.
Record corn production also means lower prices.
Source : iastate.edu