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As big yield estimates are being thrown around so early, it’s stoking an intense debate. However, that’s not stopping the trade chatter. With talk of a new national corn yield record, it’s pressuring prices, with many farmers staring at cash corn with a $3 handle.
On Monday, 14 countries received letters indicating tariff increases of 25% to 40%, including Japan and South Korea. Meanwhile, President Trump extended the implementation date for those tariffs to Aug. 1
New Rabobank research shows the potential effect of losing this critical shipping channel to the global fertilizer market.
Human urine is gaining recognition as a sustainable, nutrient-rich fertilizer with the potential to benefit small urban farms, home gardens and large-scale farms, offering a low-cost solution to rising fertilizer prices and environmental concerns.
Crop consultant Dr. Michael Cordonnier kept his U.S. corn yield forecast at 180 bu. per acre, though he noted if weather remains favorable it could move higher.
Brian Grete, editor of Pro Farmer, says grains saw another ugly day with funds selling across the complex.