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North Mountain Ag Services

WEEKLY UPDATE JULY 28, 2014

NORTH MOUNTAIN AG SERVICES WEEKLY UPDATE July 28, 2014 Agricultural News: Corn crop looks promising Soybean crop progress and supply Dairy profitability Pork prices and demand expectations Market Updates: USDA is rating 76% of the US corn crop as being “Good to Excellent”. At this time last year, only 67% of the crop was ranked at this level. For livestock producers, this is welcome news that offers optimism for continued profitability through the first quarter of 2015. With the potential for prices to further weaken at harvest, grain producers are wise to consider covering a portion of their crop. As early concerns over US moisture have leveled off in the trading pit, the soy complex continues to show signs of softening. Barge availability has increased over the past two weeks for shipments of soybean meal from South America. Alternative...

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