Agriculture News
Lance Honig, chair of the Agricultural Statistics Board and a NASS official, addressed farmer concerns in a Farm Journal interview explaining the major January data revisions that caused corn prices to sink on Monday.
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USDA Undersecretary Luke Lindberg says the big takeaway is establishing a level playing field for U.S. producers and building opportunities from there.
Monthly Rural Mainstreet Index Shows Slight Gain
Local Market Conditions Return as Key Demand Driver
Portions of Mississippi, Alabama received 5 inches of rain last week
Examining which states drove surprise increases
Brazil has officially surpassed the U.S. as the world’s top beef producer. With U.S. production down 3.9%, analysts point to Brazil’s feed capacity and rising imports as key drivers of this historic market shift.
After years of losses, debt is piling up and new government payments won’t fill the hole. At a breaking point, more farmers are expected to leave the business this year, some by choice, others forced out by lenders.
USDA increased the national corn yield 0.5 bu. per acre, as well as planted (98.8 million acres) and harvested acreage (91.3 million).