Thursday, December 8, 2016
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
Drought hampers overall U.S. production as tight supplies continue
As farmers and ranchers contend with the worst drought in 50 years, all eyes are on actual harvest numbers. Now, a second U.S. Department of Agriculture (USDA) National Agricultural Statistics Service grain stock report has again prompted an increase in corn prices, due to the findings published. All this, while feedlot operators, ethanol producers, and the export markets are all watching closely as small grain prices rise to historic levels. The concern is that the typical decline in grain prices in October and November may not occur, due to the findings of these reports. . . .
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Agriculture & Outdoors Archives
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