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Updated Ag Guesses and Trump Checks
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<blockquote data-quote="Stocker Steve" data-source="post: 1601593" data-attributes="member: 1715"><p>Some updated government guesses just came out for future ag production and price. They showed small increases in grain and beef production, and small declines in price, for 2019-2020. Average steer calf price was forecasted down about $9 per hundred for 2019-2020, and then started to increase in 2021.</p><p></p><p>The rest of the story is the expectation that grain producers will get more Trump MFP checks in 2020. The big dogs around here are running 10,000 to 15,000 acres - - so $50/a Trump check x 10,000 acres is a half mil. :!: Looks like land prices will continue to hold up.</p><p></p><p>What do you think will happen in 2021?</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1601593, member: 1715"] Some updated government guesses just came out for future ag production and price. They showed small increases in grain and beef production, and small declines in price, for 2019-2020. Average steer calf price was forecasted down about $9 per hundred for 2019-2020, and then started to increase in 2021. The rest of the story is the expectation that grain producers will get more Trump MFP checks in 2020. The big dogs around here are running 10,000 to 15,000 acres - - so $50/a Trump check x 10,000 acres is a half mil. :!: Looks like land prices will continue to hold up. What do you think will happen in 2021? [/QUOTE]
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