Corn
Preliminary analysis of corn silage samples in the U.S. reveals a high increase in mycotoxin contamination compared to 2023, with all samples containing two or more mycotoxins.
The October Monthly Monitor reflects cautious optimism in certain areas of agriculture, marked by export strengths and potential price recoveries, but shadowed by long-term rebuilding challenges, weather dependencies and the impact of the upcoming election.
The effects are already visible, with declining French barley exports to China and the U.S. struggling to sell corn for the new season.
USDA’s Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Economists say the net farm income picture would look even worse it weren’t for improved livestock prices.
Agricultural imports are expected to reach a record $212 billion, up $8 billion from FY 2024. This increase is largely due to rising imports of horticultural products, sugar and tropical products.
U.S. corn prices hit a four-year low as the prospect for record corn and soybean crops takes shape in the field. The eroding outlook also appeared in the August Ag Economists’ Monthly Monitor.
USDA’s World Agricultura Supply and Demand Estimates for October project higher ending stocks for corn and wheat. Soybean use is unchanged.
EPA’s new model is designed to address previously identified shortfalls in the R&D GREET model and how it calculated lifecycle greenhouse gas emissions. The new approach accounts for all emissions from farm to fuel.
Super Bowl fans in Illinois will be able to cheer on some familiar faces in a commercial during the big game on Sunday. Illinois pork producer Chad Leman says the commercial is all about communicating trust in farmers.
The survey uses records from ag retailers to measure the use of cover crops, nutrient management and conservation tillage and no-till by Iowa growers.
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Ag economists’ view on the ag economy is starting to erode. The September Ag Economists’ Monthly Monitor shows lower commodity prices, concerns about demand and a negative outlook for China’s economy.
“Mexico’s decree, which runs counter to scientific findings and is in direct violation of USMCA, is negatively impacting American corn growers,” said Tom Haag, NCGA president.
During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico’s Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.
Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.
The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.
USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.
The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.
Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.
Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.
Dry conditions spurred by La Nina weighed on areas of the Corn Belt in 2022. As La Nina fades, and El Nino starts to make a return, meteorologists say the weather shift could also signal better crop production in 2023.
U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per bushel to soybeans in 2022, study results find, released by USMEF.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
The new year brings fresh market action, but volatility continues to be the main theme to enter the new year. As farmers look ahead, analysts say there are some keys lessons to keep in mind from 2022.
Vilsack urged Mexico to “find a way forward” and said that if Mexico’s plans went unchanged, the U.S. government would be forced to consider all options, including legal action under the USMCA.
FAPRI’s baseline projections point to little change in net farm income over the next decade, which could lead to further erosion in the farm financial picture for agriculture. For 2019, FAPRI sees livestock receipts not boasting the numbers USDA currently projects.
High input prices continue to be a pain point for farmers planning their 2023 crop needs. Experts say the price of natural gas isn’t the only driver fueling the market as farmers look to book their fall needs.
The 44th annual World Ag Expo 2011 will take place Feb. 8 to 10 at the International Agri-Center in Tulare, Calif., with 1,600 exhibitors on 2.6 million sq. ft. of show grounds.
Strong basis bids are sparking questions about the reality of corn supplies and issues in getting grain to areas of the country that need it. Analysts are watching USDA’s Grain Stocks report this week for answers.
Commodity prices won’t grow less volatile over the next several months. So, what’s a potential game plan for locking in feed prices? Friday’s market action may be one example of what producers can do to manage risk.
With uncertainty taking over the grain market, it’s a double whammy for livestock producers who are facing higher feed costs, as inflationary pressures may create more headwinds on the demand side in 2022.