In this file:

 

·         The potential for tighter livestock margins

·         USDA Chief Economist: ag outlook is positive, but uncertainties remain

 

 

The potential for tighter livestock margins

 

By Meghan Grebner, Brownfield

February 18, 2021

 

With input prices projected to rise significantly in 2021, an ag economist says livestock producers need to keep an eye on prices and take advantage of any opportunities to mitigate risk this year.

 

In this Managing for Profit – University of Missouri’s Scott Brown shares his thoughts...

 

more, including audio [3:03 min.]

https://brownfieldagnews.com/managing-for_profit/the-potential-for-tighter-livestock-margins/

 

 

USDA Chief Economist: ag outlook is positive, but uncertainties remain

 

By Amie Simpson, Brownfield

February 18, 2021

 

USDA Chief Economist Seth Meyer says the outlook for the U.S. ag economy is positive, but uncertainties remain.

 

“Supply chain disruptions have moderated but at some costs,” he says. “There are some costs embedded in the system between the animal producer and the meat wholesaler that remain, and they may remain for awhile as an offset to prevent further disruptions of the type we saw earlier in 2020.”

 

He says the prospects for crops and livestock are good…”based upon continued strong domestic demand and good exports,” he says. “We need both in order to achieve those prices that we’ve forecast, and we expect that they will be there.”

 

Meyer says trade and weather will also be critical.

 

“Trade, particularly trade to China, is going to be a key...

 

more

https://brownfieldagnews.com/news/usda-chief-economist-ag-outlook-is-positive-but-uncertainties-remain/