Markets - General
The next challenge for U.S. farmers? To plant the 92 million acres of corn and 87.5 million acres of soybeans.
If weather conditions allow crop yields to return to trend-line levels in 2023, prices for corn, soybeans, wheat, cotton and many other crops are likely to fall.
With the USDA Prospective Plantings and quarterly Grains Stocks reports in the rearview mirror, the market will now focus on weather for the planting season.
USDA’s Prospective Plantings and Quarterly Grain Stocks reports tend to produce big price moves, and this year was no different. Jerry Gulke provides his analysis of the important data.
While U.S. Sustainable Aviation Fuel (SAF) production reached 15.8 million gallons in 2022, it falls well below the previous goal for U.S. airlines to use 1 billion gallons per year by 2018.
Wet weather in the Northern Plains and Upper Midwest is sparking conversations about a growing number of prevent plant acres this year. Is it too early to start conversations about the possibility of prevent plant?
With the Prospective Plantings report out on Friday, share with us how your crop mix is shaping up for 2023.
China continued to buy U.S. corn this week, and analysts say China may not be finished, especially if prices dip, and China sees it as an opportunity to buy more.
Given the collapse in the grain markets, will USDA’s report on March 31 matter this year? Jerry Gulke provides his insights.
While the wheat market might not be respecting the situation, there are big concerns about the nation’s winter wheat crop due to drought.