Planters are rolling in Texas, and for many farmers that haven’t started, planting is on their minds.
Grain traders are turning their attention to weather and crop conditions in South America as the USDA boosted its forecast for the Brazilian soybean crop in its World Agricultural Supply and Demand Estimates (WASDE) report.
Each year is a little different, and some years are more similar than others. Farmers might be trying to figure out their marketing plan for 2018.
With Midwest fields under a blanket of snow and cold, grain traders turn their attention to South America as USDA boosts its forecast for the Brazilian soybean crop.
During an address of the House Agriculture Committee earlier this week, Agriculture Secretary Sonny Perdue called the farm economy “fragile,” and the latest net farm income forecast is reflecting that.