Feed & Grain StaffFrom the Author - Page 59Business & MarketsFarmer sentiment hits lowest levels since 2016Declining income expectations, weak commodity prices, and high input costs have fueled the pessimism.Feed Mill Renovations & BuildsNew $58 million feed mill opens in Union County, PennsylvaniaThe new feed mill is set to begin operations in mid-October, producing 8,000 tons of feed weekly for Country View’s hog production.Company NewsBushel report reveals surge in digital payment adoption among farmersDespite over 70% of grain settlements still being processed via paper checks, this represents a 12% drop year-over-year.Company NewsNOVUS launches NEXT ENHANCE® CGO feed solutionBy reducing feed intake without compromising milk production or cow health, the solution offers a cost-effective approach to supply challengesCommoditiesStrike paralyzes US Atlantic and Gulf Coast portsThe USDA has reassured the public, stating that current domestic agricultural production and alternative export channels can mitigate the strike’s effects.CommoditiesUSDA reports major surge in corn and soybean stocksThe report also highlighted a 9% increase in US wheat production.Grain Supply ChainEast and Gulf Coast ports face potential shutdownA strike could severely disrupt U.S. supply chains, impacting 40% of the nation’s containerized agricultural exports during the crucial harvest season.Grain Trade & ExportGrain workers reach tentative deal to end Vancouver strikeThe deal, set to run through 2027, will go to a ratification vote on October 4.Association NewsUSGC hosts Japanese feed grain buyersThe tour reinforced the long-standing trade partnership and built trust with the next generation of Japanese agricultural leaders.Business & MarketsModest increase in US hog inventoryMarket hogs accounted for 70.4 million, while breeding inventories reached 6.04 million.Grain Trade & ExportWheat sales hit marketing-year low as soybeans show resilienceCotton and soybean oil faced steep declines, and beef and pork sales dipped amid global demand concerns.CommoditiesIntensifying drought worsens pasture and crop conditionsNearly half of the nation’s rangeland and pastures now rated in very poor to poor condition.Previous PagePage 59 of 160Next Page
