High Production Costs Won’t Ease Next Year

Dan Corn, Cotton, Economy, Field Crops, Peanuts, Soybeans, Specialty Crops, Wheat

USDA’s first cost of production forecast for major field crops like corn, soybeans, wheat, cotton, rice, and others shows that input costs are expected to remain elevated into the next growing season. The costs will likely be at the third-highest level of all time and only slightly lower than the record high in 2022. While some input costs like fertilizer …

Looking Forward to August Crop Report

Dan Agri-Business, Commodities, Corn, Cotton, Economy, Field Crops, Soybeans, Weather, Wheat

We mentioned yesterday that weather is top of mind right now for grain traders. And as Mark Oppold reports, many are also already looking forward to the monthly crop report coming out in August. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Tracking Commodity Prices for First Half of Year

Dan Biofuels/Energy, Cattle, Commodities, Corn, Economy, Field Crops, Orange Juice, Wheat

Some of the 48 commodities being tracked did fairly well through the first half of the year. Mark Oppold looks at some of the top performers, including agricultural commodities. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Watching the Weather in the Grain Trade

Dan Commodities, Corn, Economy, Exports/Imports, Field Crops, Soybeans, Trade, Weather, Wheat

We’ve talked before how the weekly crop reports are something grain traders look at closely. And as Mark Oppold reports, this is especially true right now as all eyes are on weather conditions. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Cotton Planted Acreage 19 Percent Below 2022

Dan Corn, Cotton, Field Crops, Soybeans, Wheat

The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) estimated11.1 million acres of cotton planted in the United States for 2023, down 19% from 2022, according to the Acreage report (.pdf) released today. Soybean area planted is estimated at 83.5 million acres, down 5% from last year and corn is estimated at 94.1 million acres, up 6% from …

Watching the Grain Market Sell-Off

Dan Commodities, Corn, Economy, Pork, Soybeans, Wheat

Traders continue to watch what is happening with the grain trade. As Mark Oppold reports, some wonder just how low is too low. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Cotton Futures Not Following Grain Trade

Dan Commodities, Cotton, Economy, Field Crops, Wheat

Markets re-open today after a long holiday weekend. But Mark Oppold reports some will be watching cotton futures, as last week they didn’t follow the grain trade. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024