Agriculture News
The spring wheat CCI rating improved again, likely due to the poorer acres being hayed/abandoned or already harvested.
Pro Farmer policy analyst Jim Wiesemeyer and host Chip Flory discuss the highlights of last week in D.C. and look ahead to key votes and policy issues that matter most to farmers and ranchers.
“The Well, the Wealthy, and the Worried are the folks who think they can afford to overlook the incredible benefits of GMOs,” writes Bill Horan, an Iowa farmer, in this guest post.
Tyson Foods Inc. reported stronger-than-expected earnings for the third quarter, but the company says it cannot increase prices for chicken and prepared foods fast enough to keep pace with rising raw material prices
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Corn inspections were more than halved compared with the week prior, with inspections coming up well short of expectations. Soybean inspections were also light and near the lower end of expectations.
USDA’s finds U.S. cropland values reach new high.
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IHS Markit Agribusiness and Linn & Associations estimated the U.S. corn crop will yield an average of 176.5 bu. and 176.16 bu. per acre, respectively.
Conditions were mixed for the Midwest the week ending Aug. 3, with heavy precipitation again favoring southern and eastern areas of the Midwest, with little to no rain in the Upper Midwest.
Old-crop sales of the grain were light, but in line with expectations. Wheat sales fell short of expectations. Soybean sales were in line with expectations, with new-crop business perking up a bit.
The ag economy barometer stabilized at levels similar to where it stood for much of 2017 through 2019.
On the other hand, soybean and spring wheat ratings unexpectedly improved. Find more highlights of USDA’s Crop Progress and Condition report.
This was the first weekly uptick in the spring wheat CCI of the growing season.
The amount of corn inspected for export handily topped expectations and the tally nearly doubled the year-ago figure. In addition, last week’s number was also revised nearly 150,000 MT higher.
Corn and wheat futures are higher and soybeans are mixed. Cattle and hog futures are higher to start the week.
In Kenya, farmers can’t spend much time thinking about the UN’s sustainable development goals, let alone striving to meet them, when we don’t have a good sense of whether it will rain next week.
EPA and Army say they will work to develop a “a reasonable, effective, and durable definition of WOTUS,” and enlist the public’s help to do so.