Agriculture News
Changes to the corn and soybean crop estimates will impact new-crop balance sheets, with bigger carryover projections also expected.
This week’s National Drought Monitor reflected widespread improvement across areas of the Midwest and eastern parts of the Central and Northern Plains in response to beneficial rainfall.
Corn and soybean basis and cash prices plunged over the past week.
The reporting period preceded Hurricane Ida. New-crop sales of soymeal were also impressive at nearly 400,000 MT.
The Renewable Fuels Association supports EPA’s reevaluation of the exemptions, but it objects to EPA’s remand request.
If the review justifies any changes, NASS will publish updated planted and harvested acreage estimates in the Sept. 10 Crop Production Report.
“The loud and angry debates over crop-protection products in Europe can give the false impression that farmers like me are prone to over-use chemicals on what we grow,” Maria Gabriela Cruz says in this guest blog post.
Argentina’s government has extended its restrictions on beef exports until the end of October, a politically charged move that’s likely to anger the country’s meat producers.
CCI ratings for both crops are below the respective five-year averages for the end of August.
Chip Flory and Pro Farmer Policy Analyst Jim Wiesemeyer discuss policy issues and happenings in D.C.