AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
Jerry Gulke, president of the Gulke Group, says as of Friday’s report, USDA has dropped corn ending stocks nearly 1 billion bushels from their initial estimate during the February 2024 Ag Outlook Forum when the agency projected carryout at 2.532 billion bushels based on trend-line yield.
Markets saw a double-digit rally as USDA says the 2024 corn and soybean crops were not as big as originally projected.
Prime Minister Justin Trudeau’s administration aims for a “dollar-for-dollar” response.
A quick rundown of some recent notable smart farming products and companies innovating electrified and autonomous solutions.
USDA lowered corn yield a whopping 3.8 bu. and soybeans 1 bu. which led to lower production and ending stocks.
He was a farmer, governor, president and international peace maker, but many people will remember him most as a man who put honesty and kindness above partisan politics. The nation paused yesterday to remember and honor the nation’s 39th president.
USMEF and Soy Transportation Coalition leaders were among those weighing in on the decision, which could have cost U.S. farmers and ranchers an estimated $1.4 billion a week.
Proposition 12 is exacerbating food insecurity in California – especially in the Asian and Latino communities who rely on pork as their primary protein.
Allison Thompson with The Money Farm says corn has rallied nearly $1 and soybeans around 50 cents off the lows. So production and ending stocks will need to come in well under trade estimates in the USDA reports for prices to push higher.
Oliver Sloup joined RFD-TV this afternoon to share his thoughts on the price action leading up to tomorrow’s USDA report. Livestock markets have been on a rollercoaster too, what’s next?