As the 2024 growing season progresses, the weather-related losses are accruing. Fastmarkets has spoken to far-flung organic producers from Nebraska and Kansas to the Upper Midwest and Northeast that have experienced significant crop losses from 2024 storms.
Along with severe flooding in some cases, we’ve heard reports of widespread hail damage. With some of that hail falling over the last week, it isn’t clear how much summer crops will rebound if at all. Replanting is no longer an option for Upper Midwestern growers.
Texans are still assessing the impacts of Hurricane Beryl, which left many farms and residences without power. Crops and grain infrastructure both saw significant damage from high winds. United Ag Cooperative’s general manager, Jimmy Roppolo, told Texas Farm Bureau that a Beryl-spawned tornado destroyed about 1.2…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...