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USDA Undersecretary for Farm Production and Conservation Richard Fordyce said landowners should start to receive notifications within the next month about whether they have farmland eligible for enrollment in base acres. Fordyce also acknowledged at least some local county offices are facing staffing challenges.
With placements in Friday's May 1 USDA Cattle on Feed report anticipated to range anywhere from 96.2% to 108.5%, traders will likely remain on edge until the data is released.
The Justice Department stated in a news release that Bayer agreed to remove potentially anticompetitive provisions from its seed loyalty program. DOJ stated the agreement came as part of the Antitrust Division's investigation into corn and soybean seed markets.
Wildfires driven by extreme drought have burned over 120,000 acres in southwest Kansas, threatening livestock and grazing land. Ranchers, veterinarians and community foundations are coordinating relief efforts.