Agriculture News
Dry conditions in the upper midwest developing
USDA’s harvested acres estimate drove 62% of the production increase
USDA reported quarterly corn stocks data as of Sept. 1 were nearly 200 million bu. higher than the average analyst estimate, while soybeans were slightly below. Wheat production also surpassed pre-report expectations.
National soybean good to excellent ratings up 1%
Weekly corn inspections are outpacing year-ago by more than 50%.
The team discusses Argentine soy purchases by China and what to expect in this week’s Grain Stocks Report.
Drought relief came to the plains, while dryness expanded in the eastern corn belt again
Corn sales during the week ended Sept, 18 totaled 1.923 MMT, according to USDA, which topped analysts’ pre-report range.
Weak profit margins may limit benefits of lower rates for financially stressed farmers.
Corn fell 1.7 points on the CCI, while soy fell just 1.2 from last week
Davis, Hillari and Spencer discuss the impressive pace of wheat exports and China’s continued absence from the U.S. soy market.
Wheat inspections outpaced pre-report expectations ranging from 300,000 to 500,000 MT.
Corn, soybeans and wheat are lower at the start of daytime trade with livestock futures slightly to sharply higher...
Nearly all the continental U.S. is expected to be hotter than average this fall
Use one or more of these tips to reduce expenses, reallocate resources and build a fertility program that works well for your farm and gives you some peace of mind in the process.
RMI Negative for Seventh Time this Year.
Corn and soybean acres in drought increased again this week
USDA reported weekly corn sales totaled 1.23 MMT, while soybean sales stood at 923,000 MT.