February’s numbers are in the latest USDA Peanut Stocks and Processing Report. Tyron Spearman has more on peanut usage for the month.
GCC Highlights Enrollment for Cotton Trust Protocol
The Georgia Cotton Commission (GCC) continues to encourage producers to enroll in the U.S. Cotton Trust Protocol, an initiative launched in 2020 that drives continuous improvement across six metrics, including water use, energy efficiency, greenhouse gas emissions, soil conservation, soil carbon and land use. Taylor Sills, GCC executive director, provided updates for growers who might have additional questions on how …
Peanut Stocks Reported
The Peanut Stocks and Processing Report for February was recently released. Tyron Spearman has more.
USDA Holding Peanut Checkoff Continuance Referendum
Peanut producers across the Southeast are being reminded the U.S. Department of Agriculture (USDA) is conducting a referendum now through April 19th for eligible U.S. producers of peanuts to decide whether to continue the checkoff program. The USDA Agricultural Marketing Service (AMS) is conducting the referendum by regular mail, express mail and electronic ballot. Those engaged in the production and sale of …
Watching Oats for Long Term Direction
When it comes to long-term direction in the grain markets, many traders are watching what happens with oats. Mark Oppold explains why.
Beef and Pork Exports Bring Nice Returns to Corn and Soybean Producers
New information released by the U.S. Meat Export Federation (USMEF) shows beef and pork exports last year at $18.1 billion had a significant impact on the corn and soybean industries. The numbers, from an independent study conducted by The Juday Group, notes U.S. pork and beef exports contributed an estimated total economic impact of 14.6% per bushel to the value of corn …
Crop Progress Reports Start
Crop progress reports from the USDA have started for the new crop year, something Mark Oppold notes many traders will follow closely.
Tracking Various Agricultural Commodities
Now that we’ve wrapped up the month of March, Mark Oppold looks at how some of the agricultural and energy commodities have done the first three months of 2024.
Some Surprises in USDA Prospective Planting Reports
The USDA’s Prospective Planting Report was not without some surprises. Gary Crawford reports. Listen to USDA Gary Crawford’s report here. The USDA’s Prospective Plantings Report shows corn planted area will be 90 million acres this year, down five percent or 4.61 million acres from last year. Soybean planted area for 2024 is estimated to be 86.5 million acres, up three …
Georgia Peanut Commission Approves Funding for FY 2024-2025 Research Projects
(GPC/TIFTON, GA) — The Georgia Peanut Commission (GPC) board of directors has approved $791,639 in research project funding for the 2024-25 research budget year. This action was taken during the commission’s March board meeting. The research projects include 40 project proposals submitted from the University of Georgia, Abraham Baldwin Agricultural College and the U.S. Department of Agriculture Agricultural Research Service. …