Seeing corn prices below four dollars has really opened some eyes. Part of that is due to numbers recently released by the USDA National Agricultural Statistics Service (NASS). Their quarterly Grain Stocks Report indicated on-farm stocks of corn, as of June 1, was up 37% from a year ago. USDA Chief Economist Seth Meyer says corn growers are storing a large …
Tracking Various Agricultural Commodities
The markets have been a but quieter this week, mostly due to the fact they will be closed Thursday for the 4th of July holiday. So, Mark Oppold takes time to look back at how some of the agricultural commodities have performed the first half of this year. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst …
Watching Weather Events
Many traders continue to keep an eye on various weather events taking place across the major growing areas. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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 …
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. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024