Jul 28, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

AgDay Daily Recap -November 05, 2013

November 5, 2013
 
 

TODAY ON AGDAY

NOVEMBER 05, 2013

 

                          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                
 

CORN PRICES DOWN:

GOOD MORNING I'M CLINTON GRIFFITHS. CORN HITS A THREE YEAR LOW ON CONTINUING NEWS OF AN ABUNDANT CORN CROP AND STRONG HARVEST CONDITIONS.

REPORT ESTIMATE:

USDA WILL RELEASE ITS NEXT CROP PRODUCTION REPORT THIS FRIDAY. INTEREST IS HIGH IN THIS REPORT SINCE THE AG DEPARTMENT CANCELLED ITS OCTOBER REPORT DUE TO THE LIMITED GOVERNMENT SHUTDOWN. IN ADVANCE OF THAT GOVERNMENT REPORT, REUTERS NEWS SERVICE COMPILED PRE-REPORT ESTIMATES FROM NEARLY 30 GRAIN ANALYSTS AND MARKETING FIRMS, SUCH AS INFORMA ECONOMICS, ALLENDALEN AND WATER STREET SOLUTIONS. THE HIGHEST TRADE ESTIMATE ON CORN PRODUCTION IS 14-POINT-THREE BILLION BUSHELS. ON THE LOW END IT'S 13-POINT-FOUR BILLION BUSHELS. ON CORN YIELD THE HIGHEST ESTIMATE IS 163-THREE. THE LOWEST IS 155-SIX.

CROP PROGRESS:

THIS WEEK'S CROP PROGRESS REPORT SHOWS CORN HARVESTED MOVES AHEAD OF THE FIVE YEAR AVERAGE. 73-PERCENT IS IN THE BIN, TWO POINTS AHEAD OF AVERAGE. IT'S A 14 POINT JUMP FROM THE PREVIOUS WEEK. SOYBEAN HARVEST ALSO PUSHED AHEAD OF THE AVERAGE MARK. 86-PERCENT IS NOW COMPLETED, A POINT AHEAD OF AVERAGE.
AND NINE POINTS AHEAD OF LAST WEEK. COTTON PICKING CONTINUES TO LAG BEHIND WITH 43-PERCENT AT THE GIN. IT'S 11 POINTS BEHIND AVERAGE. STATE BY STATE, TENNESSEE HAS THE BIGGEST DELAYS. IT'S BEHIND BY 53 POINTS. WINTER WHEAT PLANTING IS NEARLY ALL SEEDED. IT'S AT 91-PERCENT.

ORGANIC ACRES:

THE USDA'S ERS TEAM SAYS ORGANIC ACRES TICKED BACK UP. THE LATEST DATA COMES FROM 2011. THE U.S. HAD MORE THAN 3 MILLION ACRES OF CERTIFED ORGANIC CROPLAND...RECLAIMING THE ACRES IT LOST DURING THE ECONOMICALLY SLUGGISH 2008 TO 2010 CROP YEARS.

READ MORE
Previous 1 2 3 ... Next

See Comments

RELATED TOPICS: Daily Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions