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USDA Lowers Soybean Yield In November WASDE Report

The USDA released its November WASDE report Tuesday morning.

Neil Townsend is Chief Market Analyst with FarmLink Marketing Solutions.

"I think the big number that the market is going to be talking about is the fact that they lowered soybean yield. That was relatively unexpected. People were kind of thinking that the yield would actually be ticked up a bit. They took it from 51.5 down to 51.2. That doesn't sound like much but the expectation was that the yield was going to go up."

Townsend says there were negligible changes to wheat if any.

Corn stocks were raised in line with expectations that the trade had. The yield was raised half a bushel to 177 bushels per acre, the average trade guess was 176.9.

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Evolution of Beef Cattle Farming

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The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.