smaller corn

USDA Projects Smaller Corn, Soybean Crops

Dan Corn, Industry News Release, Soybeans, Wheat

The May World Agricultural Supply and Demand Estimates from the Department of Agriculture projects smaller corn and soybean crops this year. The corn crop is projected at 14.0 billion bushels, down from last year with a lower forecast area and yield. The yield projection of 174.0 bushels per acre is based on a weather-adjusted trend assuming normal planting progress and …

rabobank

Rabobank: Corn Prices Could Exceed $4 a Bushel

Dan Corn, Industry News Release

A new report from Rabobank shows an increased chance of four-dollar corn this growing season. As 2018 corn planting is underway, the report shows key risks are developing that can drive price volatility and potentially sustain elevated grain prices through the 2018/19 season. The report explains that while demand is staying firm, the projected corn acres and current global corn …

china

WASDE Report Predicts Record Soybean Crop for Brazil

Dan Corn, Industry News Release, Soybeans, Wheat

The latest World Agriculture Supply and Demand (WASDE) Report from the Department of Agriculture shows Brazil is reaching a record soybean planting. USDA predicted a record Brazilian soybean crop in the report Tuesday of 115 million metric tons, or 4.2 billion bushels. Domestically, U.S. soybean supply and use changes for 2017/18 include increased crush, lower seed and residual use, and …

columbia

Colombia Increases Ethanol Mandate to 10 Percent

Dan Energy, Industry News Release

The Colombian government increased its national blend mandate for ethanol to E10 as of the beginning of this month. Government officials in Colombia say sugar prices dropped considerably in early 2018, encouraging the production of ethanol, which led to the mandated increase. Colombia has a growing domestic ethanol industry, producing sugar-based ethanol. Additionally, U.S. ethanol enters Colombia duty-free per the …

ethanol demand

Cap on Conventional Ethanol RINs Will Reduce Biodiesel Market

Dan Energy, Industry News Release

A new analysis by the National Biodiesel Board (NBB) and the World Agricultural Economic and Environmental Services (WAEES) found that capping the price of conventional biofuels’ Renewable Identification Numbers (RINs) will significantly harm the production of biodiesel and related industries. Although some believe that limiting the price of RINs for the conventional biofuels market won’t harm biomass-based diesel volumes, the …

progeny

Progeny Bringing the Best Possible Products to Your Farm

Dan Corn, Seeds

Progeny. That’s the name of innovative, high-performing seed products. And they do it all with one goal in mind: to bring the best possible products to your farm. And when it comes to corn seed, Progeny Agronomist John Rocconi says they recently received some great news about one of their hybrids. Progeny Bringing the Best Possible Products to Your Farm

usda

USDA Report Indicates Increased Corn Demand

Dan Corn, Industry News Release, Soybeans, Wheat

The Department of Agriculture (USDA) has increased corn demand in it’s latest forecast for the 2017-18 crop year. The monthly World Agriculture Supply and Demand report increased exports of corn by 175 million bushels to 2.2 billion bushels based on price competitiveness, and increased expected corn ethanol use by 50 million bushels to 5.5 billion bushels. The average price for …

usda

USDA Releases 2018 Planting Estimates

Dan Corn, Cotton, Field Crops, Industry News Release, Soybeans

While some planters are already working in Texas, the Corn Belt seems a long way away from planting because of snow and ice. However, the U.S. Department of Agriculture (USDA) is already thinking about planting. During the Agricultural Outlook Forum in Arlington, Virginia, the USDA released its acreage estimates for 2018. The USDA says corn and soybean acres will be …

mexico

Mexico Buying More Brazilian Corn as NAFTA Negotiations Continue

Dan Corn, Industry News Release, Trade

Mexico purchased ten times more corn from Brazil last year than it had previously. Reuters says that’s due to the uncertainty regarding the potential outcome of the North American Free Trade Agreement (NAFTA) negotiations. Mexican government data and top grain merchants all say they fear supply disruption from the U.S. if the White House ever followed through on its threat …