Corn
Here’s a look at what you can learn from the various tests available and why you need to submit samples now.
More than a year after the 10th Circuit Court issued its ruling on the small-refinery provisions within the RFS, EPA announced it’s supporting the ruling, which will put tighter restrictions on issuing such waivers.
USDA’s Ag Outlook Forum painted a brighter forecast for corn demand this year. While USDA does expect a 7% increase in production, the agency is also forecasting an increase in domestic use, as well as exports.
As USDA prepares to give its first glimpse at 2021 acreage this year, the acreage debate could be dynamic as tighter supplies will encourage planting.
The record cold this week made it feel like planting season is far off, but April 1 is less than seven weeks away. As farmers nail down planting decisions, the acreage debate is starting to heat up.
Trade seems to be taking a back seat in Washington. From COVID-19 recovery to a focus on climate, other issues are taking priority in the new White House. That’s not stopping ag groups from pushing for key trade deals.
As the substantial demand looks to be rooted in a need for feed and food, corn purchases from China may not be over yet and could be on track to hit a new record. However, actual shipments are lagging.
A month after USDA releases its final production estimates, USDA’s February report typically doesn’t provide major revisions. With possible changes to corn demand, analysts say Tuesday’s report could be different.
A far cry from this time last year, farmers are actually asking the question ‘what should I add?’ versus ‘what do I need to cut?’ With skyrocketing commodity prices, farmers have the opportunity to experiment.
China put a record number of corn purchases on the books to end January, but it’s not just China buying. This week, USDA confirmed China bought more corn from the U.S., a sign demand may be strong across the board.