U.S. Department of Agriculture
The January USDA reports have been historically a huge market mover and a great deal of the focus will be on final yields and production.
Updated guidelines from USDA and HHS urge Americans to focus on protein, full-fat dairy, fruit and veggies and avoid processed foods.
Research and polling suggests the money will go toward operating costs, paying down debt, and not be eyed for machinery purchases.
“You can’t just look at ‘ag’ or ‘farm policy’ any longer,” says Jim Wiesemeyer. “It’s interrelated.”
Another set of estimates have been released to divvy up the $11 million earmarked for eligible row crop producers. Payments range from $21 per acre for barley to a high of $134 per acre for rice.
At a White House roundtable with farmers, a rice producer’s candid message stole the spotlight. Meet Meryl Kennedy, the rice producer who had a powerful message for President Trump last week.
In a recent one-on-one interview, Luke Lindberg highlights the three-point plan and the three-step process Ag Secretary Rollins and the team at USDA are deploying to create what they are calling “the new golden age for American agriculture.”
Record corn exports are tightening stocks and lifting prices, but long-term strength depends on expanding domestic demand. Could year-round E15 overcome legislative hurdles in Washington and change the market trajectory?
The bridge payment announcement coincides with the busiest time of year with higher volumes of land sales; 40% or greater of annual volumes occur in the fourth quarter for some ag real estate companies.
Jim McCormick with AgMarket.Net says the 125 million bu. cut to U.S. corn ending stocks was bullish as well as global corn carryout.