New Report Shows Investing in Agricultural Research Delivers Long-Term Economic Benefits

An interesting new report from the Supporters of Agricultural Research Foundation (SoAR) shows that investing in agricultural research results in a long-term economic boost for the farm industry. The report comes as U.S. farmers are beset by slew of economic complications and Congress works on additional stimulus measures to address...

Morning Summary 05-01-20

Chew on this Chinese math... U.S. stocks just finish their strongest month since 1987, at the same time the six-week unemployment total is now +30 million, implying a jobless rate of around 22%, the worst since the Great Depression, and more than twice the 10% peak reached in 2009. Consumer...

Bitcoin Bouncing… What You Need to Know About the “Halving”

As most of you know, I still own some Bitcoin and Bitcoin Cash off the original split. From what I understand, the next "Bitcoin Halving" is about two weeks away. Industry experts aren't certain of the exact date but many believe it will happen on or around May 12th. Google...

Grain Traders Keeping Close Eye on Livestock, Weather, and Crude

CORN trade is talking perhaps 1 million cattle now backed up in the pipeline awaiting slaughter. Seeing similar complications in both the pork and poultry sectors. There is talk that President Trump is going to mandate that processing plants stay open in order to avoid a food problem here in...

Cellular Meat is Headed Our Way… What You Need to Know!

Most of us in the livestock industry have been shocked by the rising popularity of so-called fake meat products from the likes of Beyond Meat and Impossible that went mainstream last year. These "plant-based" products proved more popular among consumers than many had thought. But there is another threat that...

Don’t Miss Mecums ‘Gone Farmin’ Vintage Tractor Auction

Vintage collectors, history buffs and pretty much every red-blooded American farmer who enjoys a walk down the equipment memory lane will want to check out Mecum's Gone Farmin auction. In 2010, Dan Mecum, son of Mecum Auctions’ President and Founder Dana Mecum, officially launched a tractor division to stand all...

Why I Continue to Hold a Bullish Position in Corn

Corn bulls will be trying to hold some of yesterday's gains. Perhaps increased Chinese buying and a bit of stabilization in crude oil can stop or slow some of the bleeding. I continue to hold a very small bullish position but have prepared myself mentally for the price to drop...

With Kids All at Home, Here’s a Little Something for Parents to Debate

As you know I have argued for many years that building a false sense of high self-esteem in our children was a very slippery slope. Finally, more psychologists are getting on the same page and starting to change their tune. The Wall Street Journal ran an article that showed how...

New Study Says “Megadrought” is Underway in American West

Nine Western states are currently in the midst of a historic "megadrought", according to scientists at Columbia University who just published their findings in the journal Science. They say it's the worst one in 500 years and has likely been ongoing since 2000. The researchers were studying the occurrence of...