Agriculture News
Its initial soybean crop estimate was also a bit smaller than expected, and it sliced its all wheat crop quite a bit more than the market anticipated. The market was also caught leaning the wrong way on cotton.
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.
Access this week’s newsletter here.
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.