Soy in livestock diets is traditionally evaluated on one metric: crude protein. Recent research shows that may not be the best indicator for meeting nutritional needs of livestock. How can you discern those differences?
The latest drought monitor shows a dramatic shift. A year ago, 100% of the state was drought free. And today, 100% of North Dakota is seeing some level of drought; a concern for farmers who fear drought will linger.
Corn, soybeans and wheat experienced double-digit price gains on Tuesday, a product of the 2021 bull market. And as prices continue to see the extreme price moves, some think the bull market could last beyond this year.
The bull market right now is one driven by not just tight supplies, but monster demand. Two marketing analysts say even with an expected increase in acres, tight supplies mean prices can absorb more production.
U.S. farmers are facing a changing scenario this year. From wet conditions impeding planting in 2020, to now drought concerns creeping in, one analyst thinks weather could be a major market mover in 2021.