Marketing-Communications
According to a recent Farm Journal Pulse, these two governmental bodies top the list of impacting agriculture.
USDA’s stocks report has been a subject of controversy among those at odds with the agency’s ability, or lack thereof, to provide useful data.
Former MF Global CEO Jon Corzine testified today that he never gave his staff instruction to misuse funds.
USDA stunned the market with the release of its Aug. 11 Crop Production and World Agricultural Supply and Demand Estimates reports.
Listen in to Illinois Ag Economist Darrell Good’s analysis of today’s reports.
Find the report data and expert analysis of today’s reports.
Exports are projected down 50 million bushels with increased competition, particularly from FSU-12 countries, where production prospects are raised. Projected feed and residual use is raised 20 million bushels.
A larger corn crop than expected; China’s on a buying spree.
Tomorrow morning, at 7:30 a.m., USDA will release its monthly WASDE report. Here are some predictions for the market impact.
Crude oil influences commodities; world watching wheat stocks; container shipments higher; consumers want steak again
Beginning farmers get grant support; big market rallies require temperance; New members in Congress will need ag schooling; watch IRS requirements for prepaying expenses
The Federal Reserve’s plan to keep interest rates where they are buy $600 billion of Treasuries, should mean good news for agriculture.
(This is not a legal transcript. Bloomberg LP cannot guarantee its accuracy.)HUSSEIN ALLIDINA, HEAD OF COMMODITY RESEARCH AT MORGAN STANLEY, TALKS ABOUT OIL PRICE ESTIMATES ON BLOOMBERG TVAUGUST 31, 2010SPEAKERS: HUSSEIN ALLIDINA, HEAD OF COMMODITY RESEARCH, MORGAN STANLEYSCARLET FU, REPORTER, BLOOMBERG NEWS
John McCoy, of Orthman Manufacturing Inc. and President of the Farm Equipment Manufacturers Association, said the Association is among the many agricultural groups urging the Ways & Means House Committee to make permanent the five-year depreciation schedule for agriculture equipment
Market analysts think soybeans will see a price rally before corn, and farmers should have a strategy in place.
Many soybean producers say they get their best yields when they get the crop in the ground early, but that wasn’t the case this year. Pete Meyer of S&P Global says now farmers are seeing those ramifications.
The world’s soybean crop has grown by leaps and bounds since 1990, growing 231%. And “the U.S. and Brazil are in a neck-and-neck competition for the top spot,” according to ag economist David Widmar, writing for the Agricultural Economic Insights blog.
The world can’t seem to get its fill of soybeans. Exports from the U.S. and Brazil, the world’s largest growers, are the highest ever for this time of year, and demand is poised to eclipse earlier government forecasts for a record this season.
As a new month begins, there’s new things to watch.
U.S. increased biofuel target, boosting soybean-oil futures.
Argentina’s farmers, who are harvesting a record soybean crop, would have to boost storage investments if torrential rain forecast for the second half of the year materializes. El Nino is always bad news for Argentine farmers as it causes drought in some areas will and heavier rain in other areas, requiring more protection for stored crops.
Palm oil production has quadrupled; further ramp-up is likely.
Soybeans fell for the first time in three sessions after forecasts for rain in South America eased concern that developing crops would be hurt by hot, dry weather.
The area of the Corn Belt with less rainfall than normal has expanded to cover 70% of the region, with more dry days ahead this week, QT Weather says.
U.S. soybean production is projected at a record 3.390 billion bushels, up 375 million from the drought-reduced 2012 crop.
Soybeans rose in Chicago as speculation China is buying U.S. supplies boosted optimism the biggest importer will sustain purchases amid a bird-flu outbreak.
Soybean prices are weak and likely to get even weaker.
The Pro Farmer Crop Tour found some fields with pod counts 20% above last year, and reports a 44.9-bu. national yield, versus USDA’s 44 bu.
Consumption of palm oil will exceed production; soybean supplies ample
More soybeans could be planted across the U.S.; at least that’s how it looks according to a recent poll.