Beef and Pork Exports Bring Nice Returns to Corn and Soybean Producers

Dan Beef, Cattle, Corn, Exports/Imports, Livestock, Pork, Soybeans, U.S. Meat Export Federation (USMEF)

New information released by the U.S. Meat Export Federation (USMEF) shows beef and pork exports last year at $18.1 billion had a significant impact on the corn and soybean industries. The numbers, from an independent study conducted by The Juday Group, notes U.S. pork and beef exports contributed an estimated total economic impact of 14.6% per bushel to the value of corn …

Farmers Planting Less Corn, More Soybeans in 2024

Dan Corn, Field Crops, Soybeans, Wheat

American farmers might plant less corn this year than last year, but it will still likely be larger than what USDA previously anticipated. That’s according to data from the March 2024 Farm Futures grower survey. Total corn and soybean acreage will likely vary minimally from last year. Growers expect to plant 92.4 million acres of corn this year, down 2.3 …

Grain Traders Waiting on New Report

Dan Commodities, Corn, Cotton, Economy, Soybeans, Wheat

Grain traders have been keeping an eye on various issues, and according to Mark Oppold, that includes a report coming out Thursday. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024