money

More Money Raising Soybeans

Dan Industry News Release, Soybeans

For four years in a row crop farmers in Illinois, other parts of the nation too, have made more money on soybeans than corn. The numbers are pretty clear and University of Illinois Agricultural Economist Gary Schnitkey lays them out in an online farmdocDaily article. He says, on average, soybeans have been more profitable than corn since 2013. And farmers have responded …

Tropical Storm Nate Causes Crop Quality Coincerns

Dan Alabama, Cotton, Peanuts, Soybeans, Weather, Wheat

Soggy cotton and waterlogged peanuts have farmers concerned about crop quality in the wake of Tropical Storm Nate, which brought 35 mph winds and torrential rain to parts of Alabama last week. It’s too early to accurately calculate yield loss from the storm, though farmers like Dallas County’s Wendy Yeager say damage was less than anticipated. “I expected it to …

southern region

Southern Region October Crop Production

Dan Alabama, Corn, Cotton, Crop Forecasts, Field Crops, Florida, Georgia, Peanuts, Soybeans, Wheat

The Southern Region October Crop Production has Corn production in the United States is forecast at 14.3 billion bushels, down 6 percent from last year. Based on conditions as of October 1, yields are expected to average 171.8 bushels per acre. Soybean production is forecast at a record high 4.43 billion bushels, up 3 percent from last year. All cotton …

corn soybean stocks

Corn and Soybean Stocks Explored

Dan Corn, Industry News Release, Soybeans

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 …

grain

USDA Releases Grain Stocks Estimates

Dan Corn, Industry News Release, Soybeans

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 …

Soybean Rust Spreading Across Alabama

Dan Alabama, Industry News Release, Soybeans

After a few weeks of consistently wet weather, soybean rust is making its annual march from the Gulf Coast to north Alabama. Spurred on by wet leaves and strong winds, the fungal disease popped up in 33 of Alabama’s 67 counties. Alabama Extension specialist Dr. Dennis Delaney weighed in on the development and offered advice to soybean farmers across the …