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Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to store the surplus oil and the country faces mounting pressure from buyers, industry officials said.

USDA’s 2022 food price inflation forecasts are already at a 14-year high with forecasts for consumer food price inflation increased again this month. All food prices now seen rising 5% to 6% vs 4.5% to 5.5% in March.

Bees, butterflies and other pollinators play a valuable role in food production. Farmers can do their part to protect pollinators by implementing these best management practices.

Price discovery suggests price will go high enough until demand is curbed sufficiently so we will not run out of stocks, but someone(s) might have to use less.

World Weather Inc. predicts the Midwest will see a mix of rain and sunshine during the next two weeks.

CME Group announced some price limits for grains and oilseeds would be reset starting May 1 for the trade date of May 2, 2022.

Corn planting falls further behind

North Dakota’s weather took a sharp turn with a blizzard Easter week. With multiple blizzard making it though for ranchers, and then heavy rain that fell this past weekend, portions of North Dakota are seeing flooding.

Higher prices at the grocery store don’t seem to be causing consumers to veer away from the meat counter. Robust meat demand abroad is also setting sail, despite inflation and shipping struggles.

With these high corn prices, plant corn when conditions are right, says Ken Ferrie. Don’t act in haste and set yourself up for corn replant decisions. If you have to push conditions and plant, go with soybeans.