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Below you'll find a list of all posts that have been tagged as “corn”
Alabama farmers planted fewer acres of corn this year, but high yields could elevate the harvest to near record levels. “Good yields are always a blessing,” said the Alabama Farmers Federation’s Carla Hornady. “Farmers need high yields to help offset low prices this year.” U.S. Department of Agriculture spring reports showed Alabama farmers planted 240,000 acres of corn, a 27 …
As is usually the case, Brazil produced a large soybean crop this year. The country has been exporting a lot of soybeans but has reached the point at which they don’t have many soybeans left to ship. A new report says that Brazil hit a new soybean export record in September when they shipped 4.3 million tons. A spokeswoman from …
Last week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. USDA’s quarterly grain stocks estimate suggests there are fewer bushels of corn and soybeans left over from last year than have been reported so far. University of Illinois Commodity Grain Markets Specialist Todd Hubbs says corn is off by 56 million bushels and …
Current corn storage has swelled to levels not seen since the 1980’s, according to new data released by the Department of Agriculture. USDA released its quarterly Grain Stocks report Friday. The report shows that old-crop corn stocks have reached a 30-year record at 2.2 billion bushels. That number was 32 percent higher than last year, but still below the pre-report …
The U.S. Grains Council says Saudi Arabia has nearly doubled purchases of U.S. corn this marketing year due to a combination of favorable government policy shifts, competitive prices and market development work by the Council. So far in the current marketing year, Saudi Arabia has purchased 2.07 million metric tons of U.S. corn, or 81.5 million bushels, up significantly compared …
The United States is moving forward with a World Trade Organization case against China regarding tariff-rate quotas for agricultural products. The WTO said this week that the U.S. is requesting that the WTO set up a panel to investigate the tariff-rate quotas, a move that Reuters says sets up a showdown between the two largest economies in the world. The …
A new economic study shows the Renewable Fuel Standard has added a third to the price of corn and saved the U.S. nearly 18-billion in gasoline costs. The Iowa State University study to be published soon in the American Journal of Agricultural Economics shows specific benefits to farmers, consumers, and the environment, from the nation’s renewable fuels requirement. Renewable Fuels …
According to information provided by University of Georgia Cooperative Extension agronomists, yields for the 2017 Georgia corn crop should be similar to previous years. They predict that yields from irrigated acres will be actually lower than normal, while yields from dryland acres are expected to be better than normal. According to UGA Extension’s new corn, soybean and small grains agronomist, …
Corn futures tumbled Thursday afternoon after the release of USDA’s first survey based forecasts. Gary Crawford has the story.
U.S. corn production for 2017 is forecast at 14.2 billion bushels, down 7 percent from last year. Based on conditions as of August 1, yields are expected to average 169.5 bushels per acre. Soybean production is forecast at a record high 4.38 billion bushels, up 2 percent from last year. All cotton production is forecast at 20.5 million 480-pound bales, …
