The summer temperatures across the nation’s midsection have trended below normal. Subsoil moisture is strong while the corn and soybean crops are rated in good condition.
The market focus over the past month was weather as the peak growing season is upon us. We have also witnessed speculators impacting the market. Corn and spring wheat both suffered tough trading months.
Today’s cattle prices are strong. With strong prices come greater opportunity and risk. Those raising feeder cattle can protect against a declining market price with a Livestock Risk Protection (LRP) policy.
Equipment financing is a critical tool for both farmers and equipment dealers in today’s high-cost machinery market. For many producers, access to financing ensures growth and stability amidst rising prices.
