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In February, the USDA provided the first look at the U.S.’s net farm income in 2017. The highlight of the report – which was widely cited – was the estimate of farm income in 2017, down 9 percent from 2016.

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The USDA National Agricultural Statistics Service (NASS) released its annual Cattle Report Jan. 31, 2017, which showed higher inventory numbers in many categories for the third consecutive year.

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Don Close is a senior analyst in Rabobank, focusing on the animal protein sector. He has more than three decades of experience in agribusiness, having worked as a buyer, broker, analyst and other capacities within the industry.

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Abundant dry grass coupled with windy conditions to create deadly and disastrous results as wildfires spread through the Midwestern states of Kansas, Oklahoma, Texas and Colorado. The amount of acreage burned easily exceeded 1 million acres.

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A Kansas State University expert says the region’s grasslands will need some moisture and higher temperatures to recover from wildfires that scorched an estimated 1 million acres in Colorado, Kansas, Oklahoma and Texas.

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