While the latest USDA numbers indicate a slight rise in projected yields for many crops, Mark Oppold reports condition ratings for some of those crops are lower due to the hot, dry weather. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA to Resurvey Some Planted Acreage
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,” …
Soybean Shipments to China Cancelled
Shipments of U.S. soybeans to China were cancelled this past weekend. Mark Oppold explains why. 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 …
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 …
Record Soybean Planting Expected
A record amount of soybeans are expected to be planted in the U.S. for the 2022 crop year. Tyron Spearman looks at how many acres will be planted, and how that will affect other row crops being planted this year. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Soy Products are Plentiful
Soybeans are used for much more than just food and fuel. That’s coming up on This Land of Ours. Synthetic grass made from U.S. soybeans is just one of many different soy-based products supported through soy checkoff-funded research. United Soybean Board Director and Indiana farmer Tom Griffiths says there are more than 1,000 products with soy available on the market. …
Crop Planting Report has Peanuts, Corn Down and Other Crops Up for this Year
USDA Agricultural Statistics Service released their annual Crop Planting Report. Tyron Spearman reports the outcome for peanuts, cotton, corn, soybeans, and wheat. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
China Scooping Up U.S. Corn and Soybeans
The world’s biggest importer of commodities is feeling the pinch of the Russian invasion of Ukraine. China is buying large numbers of U.S. corn and soybeans to help offset potential shortages in world commodity supplies because of the Russian invasion of Ukraine and slower harvests in South America. Bloomberg says Chinese buyers booked 20 cargoes of American soybeans and 10 …