The May Feed Outlook report shows U.S. feed grain production is projected to be lower than a year ago due to lower expected acreage in 2024-25. Although production is down, the supply of feed grain is projected to be above the 2023-24 level.

The usage of technology has also been utilized in the beef industry, such as with RFID tags, genomic testing and robotics. The newest technology to enter the ring is artificial intelligence (AI), which is continuing to develop for the use of facial recognition in cattle, which is being implemented, and which can contribute to a national disease animal traceability program with a developing app called CattleTracs.

The May World Agricultural Supply and Demand Estimates report (WASDE) showed the first forecast for the 2024-25 crop marketing year. The corn crop is projected at 14.9 billion bushels, down 3% from last year’s record as a decline in area is partially offset by an increase in yield.

With a theme of “Driving Innovation,” the conference featured more than 50 speakers presenting interactive sessions that included simultaneous translation into Spanish.

The April Feed Outlook report shows the 2023-24 U.S. corn ending stocks are reduced on higher domestic use. U.S. corn ending stocks are lower this month after upward adjustments for corn ethanol and feed and residual use.

The April World Agricultural Supply and Demand Estimates report (WASDE) showed the 2023-24 U.S. corn outlook having a greater amount of corn used for ethanol, and feed and residual use creating smaller ending stocks.

The March Feed Outlook report shows the global 2023-24 corn stocks are reduced. Foreign corn production is lower this month, as it was last month, with the largest reductions for South Africa, Ukraine and Mexico.

The March World Agricultural Supply and Demand Estimates report (WASDE) showed the 2023-24 U.S. corn outlook remains relatively unchanged compared to last month’s with only a 5-cent decrease in the season-average price to $4.75 per bushel.

The February World Agricultural Supply and Demand Estimates report (WASDE) showed the 2023-24 U.S. corn outlook is for lower food, seed and industrial use and larger ending stocks.

The February Feed Outlook report showed the 2023-24 global coarse grain production is reduced. Supply is slightly lower at 442.6 million metric tons. However, reductions in total U.S. coarse grain use outweigh supply losses, lifting ending stocks.