wasde

WASDE Anticipates Lower Harvests for Corn and Soybeans

Dan Corn, Industry News Release, Soybeans

The October World Ag Supply and Demand (WASDE) report predicts corn and soybean yields will both be lower than previously expected. Corn production is forecast at 14.78 billion bushels, down 49 million bushels due to a reduced yield forecast. Corn supplies going into harvest are forecast to be a record-high number, exports were raised by 75 million bushels, and USDA …

ncga

NCGA Welcomes Year-Round E15

Dan Corn, Energy, Industry News Release

National Corn Growers Association (NCGA) President Lynn Chrisp praised an announcement from President Trump, setting the necessary regulatory steps in motion to allow for year-round sales of E15. “Corn farmers across the country have been advocating for year-round sales of higher ethanol blends like E15 to help grow demand, provide consumers with more options at the pump and improve economic …

south

South Asia Presents New Markets for U.S. Corn Co-Products

Dan Corn, Industry News Release, Trade

Shifting trade patterns and growing feed markets are creating new export opportunities for U.S. corn co-products in the South Asian markets. Representatives from the U.S. Grains Council explored the markets of Bangladesh and Sri Lanka last month. Both countries are currently importing small quantities of U.S. dried distiller’s grains with solubles. A USGC representative said: “There is appetite in both …

september

September USDA Stocks Report Bearish

Dan Corn, Industry News Release, Soybeans, Wheat

The USDA reported larger than expected inventories of corn, soybeans, and wheat in its September 1st Stocks Report, which analysts call bearish for the markets. The corn supplies came in at 2.14 billion bushels, which is 138 million more than the last estimate of old-crop carryout. USDA says feed usage was likely smaller than expected, reducing the number of bushels …

ncga

NCGA Calls on Congress to Pass Farm Bill Before Heading Home

Dan Corn, Farm Bill, Industry News Release, Legislative

The National Corn Growers Association (NCGA), called on leaders of the Senate and House Agriculture Committees to put partisan differences aside and find common ground on a farm bill that can be signed into law before the current bill expires September 30. In a letter to Senate Agriculture Committee Chairman Pat Roberts, R-Kansas, and Ranking Member Debbie Stabenow, D-Mich., and …

poultry

Florence Washing Away Cotton and Tobacco Crops

Dan Corn, Cotton, Industry News Release, Soybeans, Weather

The record-setting and still-rising floodwaters of Hurricane Florence are wreaking havoc on cotton and tobacco crops in the Carolinas. North Carolina Farm Bureau spokesperson Lynda Loveland says it’s going to take some time to get an accurate picture of the damage to flooded tobacco, cotton, corn, soybean, and sweet potato fields because they’re still flooded. Bloomberg says it’s going to …

ncga

NCGA Names Doggett as CEO

Dan Corn, Industry News Release

The National Corn Growers Association (NCGA) announced Jon Doggett as the organization next CEO, taking the place of Chris Novak. Doggett is the fifth CEO in the organization’s 61-year history. The change is effective immediately. He has served as interim CEO since August first when Novak left for CropLife America. Doggett has also served as executive vice president of the …

corn crop

WASDE Predicts Second-largest Corn Crop, Record Soybean Crop

Dan Corn, Industry News Release, Soybeans

The Latest World Agriculture Supply and Demand report predicts the second-largest corn crop for the United States this year and a record soybean crop. Corn production is forecast at 14.82 billion bushels, up 241 million from last month on an increased yield forecast. The outlook predicts larger production, increased domestic use, greater exports, and higher ending stocks. The season-average corn …

ethanol

Refiner Waivers Could Cost Ethanol Industry $20 Billion

Dan Corn, Energy, Industry News Release

New research estimates the U.S. ethanol industry could lose 4.6 billion gallons of domestic demand and $20 billion in sales from the administration’s approach to the Renewable Fuel Standard. Economists at the University of Missouri estimated the losses over the next six years, if the Environmental Protection Agency continues exempting dozens of small refiners from their blending obligations under the …