The June 30 acreage report from USDA shows farmers planted slightly less acres than last year. However, American Farm Bureau Federation Senior Economist Veronica Nigh says USDA will resurvey some planted acreage, which could change the data. “USDA’s June 30 acreage report indicates that for the ’22-23 crop year, farmers planted 237.8 million acres of corn, soybeans, wheat and cotton,” …
Cotton Acreage Up, Corn Acreage Down in Latest Report
The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released updated crop numbers on June 30. Cotton planted acreage is up 11% from last year. NASS estimated 89.9 million acres of corn planted in the United States for 2022, down 4% from last year, according to the Acreage report released today. Soybean area planted is estimated at 88.3 million …
Overreactions in the Grain Markets
Overreactions in the grain markets are something we do see from time to time. And as Mark Oppold reports, that’s what traders are seeing right now. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Looking Ahead to Thursday’s Reports
USDA has a variety of reports coming out next Thursday, something Mark Oppold notes many traders will be thinking about. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Study Shows Red Meat Exports Deliver Value to Corn, Soybean Producers
Record level red meat exports of $18.7 billion last year, had a major impact on the corn and soybean industries, according to an independent study by the Juday Group. The study quantified the returns that red meat exports brought to corn and soybean producers in 2021. Corn and soybean growers support the international promotion of U.S. pork, beef and lamb …
Heat Wave Effects on Grain Prices
When it comes to the grain trade, many are watching how the current heat wave may affect prices. Mark Oppold has the story. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Extensive Study Says GMO Corn Not Harmful to Non-Target Insects
What a new study says about GMO corn. That’s the subject of today’s This Land of Ours. The largest, highest quality analysis of data ever conducted on the subject shows that genetically modified Bt corn has little impact on nontarget insects and other organisms, especially compared to growing conventional corn. This study was published this week in Environmental Evidence by …
Corn and Soybean Planting Slow by Any Measure
There’s been very little progress in both corn and soybean planting across the country so far this season. Gary Crawford has more details. In Alabama, corn planted as of this past Sunday was at 87 percent, which compares to 95 percent last year and the 5-year average is 93 percent. Corn emerged was at 76 percent, which compares to 87 …
Southeast Row Crop Planting Update
The USDA National Agricultural Statistics Service (NASS) reports as of this past Sunday, cotton and peanut planting is still on par with normal for this time of the year. Cotton planting is actually one percent ahead of the normal pace. But USDA meteorologist Brad Rippey says the numbers are being helped by the fast-paced planting efforts in California. Rippey also has the latest …
Southeast Row Crop Planting Update
The USDA National Agricultural Statistics Service (NASS) is issuing their weekly crop progress reports for the 2022 season. As of this past Sunday, NASS reports cotton and peanut planting is on par with normal for this time of the year. But overall, USDA meteorologist Brad Rippey says there is a mixed bag on planting progress for cotton across the nation. As for …