USDA Report Looms with Risks and Pressure on Cattle Producers

The upcoming USDA acreage report is expected to be relatively quiet on yield, but Kristi Van Ahn-Kjeseth warns of underlying risks. She doesn't anticipate major surprises in the report, but is closely watching feed usage and old crop corn revisions.

Kristi breaks down the marketing plans for 2027 across corn, beans, and wheat, highlighting the challenges facing producers. She also examines whether China can meet its target of 25 million metric tons of soybean purchases.

The packing plant closures in Texas, Colorado, and Pennsylvania are putting additional pressure on cattle producers, according to Kristi. This could have a ripple effect throughout the supply chain, impacting prices and availability.