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 …
Culver’s Restaurants Celebrating Farmers with Corn Mazes
Culver’s Restaurants Thank You Farmers campaign is celebrating farmers through 12 corn mazes this fall. The company announced last week that to date, 33 corn mazes in 19 states have joined together to show support for farmers and the future of farming over the past few years, with 12 corn mazes announced this year. The idea for growing messages of …
Economic Study Shows Renewable Fuel Standard Added to Price of Corn
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 …
Similar Yields Expected for Georgia Corn Crop
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, …
No Change to Corn Price Forecast
Despite the increase in USDA’s corn crop forecast, Gary Crawford reports it hasn’t prompted a change in its price forecast for the new crop. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA’s Corn Yield and Production Forecast Surprised Some People
Corn futures tumbled Thursday afternoon after the release of USDA’s first survey based forecasts. Gary Crawford has the story. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Brazil, U.S., Set for Corn Selling Showdown
The world’s two biggest corn exporters are preparing for a showdown, according to Bloomberg. The United States and Brazil are set to square off in competition this growing season over corn exports as Brazil is in the middle of collecting the nation’s biggest corn harvest ever, and U.S. supplies remain plentiful from last years’ record harvest. Bloomberg says those conditions …
Perdue: No Signs Mexico Will Buy South America’s Corn, Soybeans
While in Mexico Friday, U.S. Agriculture Secretary Sonny Perdue said he has no indication that Mexico will buy corn and soybeans from Argentina and Brazil or other countries. Perdue met with counterparts in Mexico to discuss trade and told reporters following the discussion that it was understandable Mexico would make inquiries to other nations, but he sees no signs of …
U.S. DDGS Exports Up 16 Percent To Southeast Asia
U.S. exports of distiller’s dried grains with solubles (DDGS) to Southeast Asia have increased 16 percent so far this marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). The Southeast Asian region – which includes Brunei, Cambodia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – currently represents the …
Sugar Deal Sparks Twitter Debate
One of the less incendiary tweets sent out last week by President Trump had to do with the American sugar industry, making corn and sugar lobbyists happy. Trump tweeted, “New sugar deal negotiated with Mexico is a good one for both Mexico and the U.S. Had no deal for many years, which hurt U.S. badly.” The deal announced last month …