Drought
Despite weather concerns sprouting in Brazil, USDA didn’t make any major adjustments to the South American crop in Friday’s reports. Increased demand from China and Mexico prompted USDA to trim U.S. ending stocks.
Some Republican House and Senate members have expressed their concerns to USDA Secretary Tom Vilsack, particularly regarding the new payment formula used for ERP in 2022.
AgResource Company forecasts 80% of the soybean crop is planted as of today, but for some farmers it’s been a year of replant for both corn and soybeans.
More than a foot of snow fell across a narrow band in Kansas over the weekend, which should provide some relief for a winter wheat crop already struggling with drought.
The agricultural headlines of 2023 have issued a steady drumbeat of drought – particularly in the Corn Belt, where so much U.S. livestock feed is grown. But just how bad was it?
If your combine monitor is showing a wide range of yields in the field, Ken Ferrie says to investigate. Evaluate soybean stand, pod set and bean size while there’s agronomic evidence.
USDA’s weekly crop progress report shows harvest progress slightly behind average for corn and soybeans.
As extreme weather events affect the profitability of agriculture, here are four areas to bring focus to the ripple effect.
Restrictions are in place at the Panama Canal to conserve water - creating a backlog of ships waiting to pass.
Analysts think the recent hot and dry weather could have a detrimental effect on the potential production picture in the U.S., but even with issues, the price story is different for corn than it is for soybeans.