Below you'll find a list of all posts that have been tagged as “USDA Crop Report”
U.S. peanut crop now is perking along good with some good rains helping the farmers. They rated the crop this week one percent very poor, six percent poor, 33 fair, 53 good, and seven excellent. That’s nationwide. In Georgia there, 88 percent of their crop is pegging. The five-year average is 86. Soil moisture has been returning to good, 39 …
We’ve mentioned several times on this program that history shows December corn can top 7 to 10 days before the 4th or 7 to 10 days after. Analysts wonder if that has happened this year. The run-up in corn and beans early week has faded some here late week so now watching December corn 368, 369, all highs from this …
Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …
Droughts have affected several parts of the country, causing decreases in pasture and rangeland conditions. USDA meteorologist Brad Rippey discusses updates on pasture conditions. “We did see a one-point increase in the very poor-to-poor ratings for pastures nationally,” said Rippey. “Now 36 percent, up from 35 percent a week ago. The good-to-excellent rating dropped a point from 34 percent last …
Tomorrow’s monthly crop report could be pushed aside by changing weather forecasts. The July report historically can be a non-factor, always squeezed between the quarterly stocks and final acreage numbers that come at the end of June, and the August report that for the first time is based on actual field surveys and not computer models. That report, by the …
Average trade estimates show grain analysts expect a lower corn acreage number from USDA today and a slightly higher soybean number. In March, USDA put corn at 95.3 million acres. We expect a number at or just below 95 million today. Planters rolled nearly nonstop, especially in this area, resulting in a few more soybean acres nationwide. We think 85 …
An update on the peanut crop in the Southeast. In Georgia they’re saying that crop is 33% pegging, 32 is the 5-year average, average condition is 3% very poor, 8 poor, 33 fair, 50 good, and 6% excellent. The industry is waiting for an estimate on planted acres coming up next week. Alabama says they are 1% very poor, 1% …
We keep an eye on winter wheat as harvest continues to roll north. Along with weekly condition ratings, USDA puts out a weekly wheat condition index. It encompasses a variety of factors. The 10-year average for winter wheat in this part of early June, 327. The index this week in Oklahoma scored a record low, 219. But it gets worse as you move north. …
USDA Ag Outlook Enters a New Era as Chief Economist Seth Meyers Retires The name Seth Meyers may not be familiar to most farmers and ranchers, but within the world of farm broadcasting and agricultural markets, his influence has been significant. Meyers is retiring after serving as USDA’s Chief Economist since 2021, marking the end of a key chapter for …
Traders Anticipate Market Shifts Ahead of November USDA Crop Report After a two-month data gap, the U.S. Department of Agriculture (USDA) is set to release its long-awaited crop report, which could bring significant movement to the grain markets. The last official supply and demand report was issued on September 12, leaving traders, exporters, and producers without updated figures during the …
