Latest News From USDA Reports

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.

USDA’s first official net farm income forecast shows an expected 16% drop in 2023 net farm income, largely due to a decline in commodity prices and government payments with higher expenses and costs at the farm level.

This month’s 2019/20 U.S. corn outlook is for larger production and beginning stocks, greater feed and residual use, lower food, seed, and industrial (FSI) use, and increased ending stocks.

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Declining U.S. corn acres, a slow start to corn planting and stable domestic consumption are all creating a bullish story for corn.

Declining U.S. corn acres, a slow start to corn planting and stable domestic consumption are all creating a bullish story for corn.

In todays episode of AgriTalk After The Bell Chip Flory talks with the Goddess of Grain Angie Setzer. She is the VP of Grain for Citizens LLC. Executive Producer John Herath fills in for Newsman Davis Michaelsen.

Jerry Gulke, president of the Gulke Group, offers further analysis on market trends and movements and what they mean to the farm industry.

Corn feed and hog intentions data in USDA's Grain Stocks report will be reviewed particularly closely, says Jerry Gulke, president of the Gulke Group.