Corn
Your crop insurance decisions are a key part of your risk management plan for this year.
According to a new report by USDA, ag imports from Latin America and the Caribbean have increased over the past 12 years, with a compound annual growth rate of 6.9%.
The U.S. corn crop is consistently declining in condition. Currently 57% of the crop has a good or excellent rating, which ties with 2019 for the week’s worst corn condition rating since 2012.
High input costs, excessive disease pressure or commodity prices — any of these factors could be pushing you to plant back-to-back corn or back-to-back soybeans.
The bare-bones simplicity of chaff lining may offer farmers with resistant weed control for pennies on the dollar. Chaff lining is showing major promise in ongoing Iowa field trials.
On the low end, expect to invest at least $50 an acre in the Midwest and $85 in the South for products. Some corn and soybean farmers are evaluating adjuvants and management practices that could help trim expenses.
There is now a dollar value assigned to grain carbon intensity scores below 29 in the form of tax credits to biofuel plants that buy grain as part of their decarbonization efforts.
The biggest surprises included a 4-bu. reduction in corn yield and soybean ending stocks came in at 300 million bushels, which is 100 million bushels higher than trade estimates.
John Smith is growing 137 acres of wide-row cluster corn planted directly over his water source. Essentially, he is taking his corn to the well.
During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico’s Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.