Crops
USDA’s August reports came with surprises. From a cut to the corn yield, to the revisions in export demand, the changes fueled prices both Thursday and Friday. So, where does the market go from here? Analysts weigh in.
Lush cornfields and a picture-perfect sunset. The first-ever MLB game played at the “Field of Dreams” put not only agriculture on center stage but all of Iowa, as social media was buzzing. And agriculture played a part.
A once-a-century drought has lowered the water level of Argentina’s main grains transport river, reducing farm exports and boosting logistics costs in a trend that meteorologists said will likely continue into 2022.
USDA’s August crop production report produced a few surprises, including a 5 bu./a cut to the national corn yield. The report sent corn futures up nearly 20 cents immediately after the report was published.
Chicago Board of Trade wheat futures climbed to a three-month high on Thursday after the U.S. Department of Agriculture slashed global production estimates.
The iconic “Field of Dreams” cornfields will come to life in Iowa on Thursday, Aug. 12, as two MLB teams prepare to face off at the first-time event. NCGA is an official sponsor of the game.
Even with drought and meager crop conditions, the trade has recently had a high miss rate on USDA’s August projections and the analyst guesses this time have not allowed much room for error.
Ahead of USDA’s August supply and demand reports, analysts expect little change to yield, but what about demand? Jarod Creed and Mike North provide their expectations leading into Thursday’s reports.
On August 17, Pro Farmer scouts will be walking Illinois corn and soybean fields checking crop conditions and making annual yield projections.
China’s buying spree continued Wednesday with USDA confirming a a sale of 132,000 metric tons for delivery to China during the 2021/2022 marketing year. The five-day buying spree supported soybean prices.
Plant half the seed, yet maintain yield? Less is more for Adam Chappell: He’s all in on 76” rows and is “not going back.”
Drought is deepening in Nebraska, but corn and soybean crops are hanging tough so far.
From corn fields flattened to grain bins ripped to shreds, the scene was stark after the derecho ravaged the heartland on August 10, 2020. One year later, crop potential is promising, but rebuilding is still underway.
Iowa farmers were just weeks away from harvest when 100 mph winds raced across their fields, flattening a year’s worth of work. A short film shows what farmers in the derecho’s path experienced on Aug. 10, 2020.
Flooded by freakish summer rains, southeast Arkansas farmers are trying to salvage their crop season after a $250M loss, and waiting on word about disaster designation.
According to the weekly USDA Crop Progress report, the national corn condition ratings are still trailing last year at this time, but it was USDA’s double digit increase to Illinois ratings that sparked questions.
USDA is preparing to release its next Crop Production and WASDE reports on Thursday, August 12. Ahead of the release, debate is heating up on whether the U.S. can achieve a trendline yield in corn this year.
de•re•cho [dāˈrāˌCHō] A widespread, long-lived, straight-line windstorm associated with a fast-moving group of severe thunderstorms known as a mesoscale convective system.
On Aug. 17, scouts will sample fields in Indiana. What will they find in the Hoosier State?
On Aug. 16, scouts will sample fields in Ohio. What will they find in the Buckeye State?
During August, markets watchers will debate the possibilities of national yields. USDA’s gauge of crop conditions are posted every week, Pro Farmer says the condition ratings aren’t the best indication of yield.
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Brad and Lisa Dircks’ farm in Lowden, Iowa was flattened by the derecho last week. This week, scouts on the Pro Farmer Crop Tour will gauge the scope of damage, wading through fields across eastern Iowa.
Register for the “View from the Field: A Preview of the 2021 Pro Farmer Crop Tour” webinar which takes place Thursday, July 15 at 3 p.m. central.
As scouts prepare to hit the fields across seven states, our team of experts gathers to frame expectations ahead of this annual August ritual.
You have the opportunity to attend Pro Farmer Crop Tour nightly meetings in person or watch the nightly broadcast online this year.
Iowa’s corn yield estimate dropped by about five bu. per acre compared to 2019, soybean pods per 3X3 square barely squeaked ahead of 2019 by 40 pods.
Heat and drought aren’t the only issue farmers in drought-stricken areas are dealing with. Grasshoppers are also destroying pastures and crops. Producers say it’s finishing off what’s left of an already dire crop.
The 2021 Farm Journal Corn and Soybean College kicks off this week and will take a deep dive into everything from cover crops and nutrient management and regulation, to create an environment for high-yield soybeans.