Many traders continue to keep an eye on various weather events taking place across the major growing areas. Mark Oppold has more details.
Corn Acreage Down, Soybean and Cotton Acres Up
According to new estimates from the USDA National Agricultural Statistics Service (NASS), farmers this year planted 91.5 million acres of corn in the U.S., down 3% from last year. Soybean area planted is estimated at 86.1 million acres, up 3% from last year, while all cotton planted is estimated at 11.7 million acres, 14% above 2023. Following up on the Prospective Plantings report released in March, NASS …
New Format for Sunbelt Ag Expo Field Research Days
The Sunbelt Ag Expo has announced they will be showcasing their field research in a new format that will actually span over a two-week period. The 2024 Field Research Days are scheduled for July 10-24, and farmers are invited to stop by at their convenience during this two-week period. During the self-guided driving tour of the Darrell Williams Research Farm located at the Expo …
Hoping for a Rebound in the Grain Trade
The recent sell-off in the grain trade has many hoping a rebound is in the works. Mark Oppold looks at what analysts are hoping will take place.
Three Year Lows in Corn and Soybean Futures
We are seeing three year lows in both corn and soybean futures. Mark Oppold looks at how history shows this is normal for this time of the year.
No Real Movement in the Grain Trade
New condition ratings reports have not been a factor thus farm in this week’s grain trade. Mark Oppold has more details.
Farmers Holding Large Corn and Soybean Stocks
After stockpiling crops for much of this season due to low commodity prices, many U.S. farmers continue to turn away buyers despite few signs that prices will improve. Farm Policy News says grain supplies are ample, and early ratings of summer crops are good. While USDA will update on-farm corn and bean stocks numbers at the end of June, a …
Trend Continues Lower in the Grain Trade
The trend in the grain trade continues to be lower this week. Mark Oppold has more details.
Weather Pushing Grain Trade to New Lows
Weather conditions over a good portion of the major growing areas is helping to push the grain trade to new lows. Mark Oppold has more details.
Crops Off to a Good Start
While the summer heat is building, many crops are seeing their best start in years. Mark Oppold has more details.