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Feb 9, 2012

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USDA News and Reports

Crops Suggest 'Exciting Bean Market'
02/09/2012
A smaller soybean crop in South America and more U.S. acres going to wheat and corn should make for an interesting soybean market this year.
USDA Projects More Milk in 2012, Pegs All-Milk Price at $18
02/09/2012
Today’s WASDE report indicates cow numbers will fall later this year.
February WASDE Reports Coverage
02/09/2012
See all of the report data, coverage and analysis of today's World Agricultural Supply and Demand Estimates.
WASDE: Projected Corn Price $5.80 to $6.60/bu.
02/09/2012
The projected range for the season-average farm corn price is narrowed 10 cents on both ends of the range to $5.80 to $6.60 per bushel.
Corn Market Remains Unsettled
02/09/2012
The 2011-12 corn marketing year is approaching the halfway point, but consumption, stocks and price prospects are still unclear.
Increased Production Spells Trouble for Dairy Prices
02/07/2012
Milk checks will decline along with cheese and butter prices.
Wheat Stocks Above Expectations
02/07/2012
U.S. wheat stocks came in substantially larger than expected this past month at 870 million bushels. Analysts had been expecting only 831 million bushels.
Many Farmers Have 2012 Inputs Locked In
02/02/2012
The Farm Journal Pulse shows nearly 60% of farmers have already locked in at least half of their 2012 input prices.
Budget Cuts Target USDA Offices
01/31/2012
USDA proposes to consolidate 131 Farm Service Agency offices.
Rising Global Supplies Limit Wheat Price Prospects
01/31/2012
In the face of increasing global competition, U.S. wheat producers are and opting to grow other crops that pay better than wheat.

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