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Corn futures fell about 5% as USDA raised the national yield. Former USDA chief economist Seth Meyer says the data raises fair questions, but he doesn’t think sampling alone explains the jump.
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Sen. Tom Cotton, a farm-raised Republican, faces Hallie Shoffner, a Democrat who closed her family’s Arkansas farm last year, in the top U.S. rice state, where family-farm bankruptcies lead the nation.
When family members choose other career paths, creative partnerships offer eager young producers a rare foothold in a capital-intensive industry.
Despite a mid-season drought and a 10-inch September soaking, Matt McCarthy is seeing near-record yields and better margins — though quality concerns and a race against drydown loom.
The soybean tentiform leaf miner feeds inside soybean leaves and can be difficult to detect. Confirmed in seven Midwest states, it’s prompting researchers to expand monitoring and encourage farmers to scout field edges.
While EPA’s SRE reallocation proposal was good news for the biofuels and agricultural industries the market seemed disappointed and faded into the close according to Jim McCormick with AgMarket.
Darren Frye with Water Street Solutions says part of bounce in corn was technical buying off support, plus the market was also trying to determine if USDA’s yield forecast is correct.
Brad Kooima of Kooima Kooima Varilek says last week’s technical breakout in cattle was a surprise to him due to the current fundamentals.
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