News
An unexpected increase to corn acres weighing on prices
Yesterday, USDA announced eligible livestock producers will receive disaster recovery assistance through the Emergency Livestock Relief Program for 2023 and 2024 Flood and Wildfire to help offset increased supplemental feed costs.
While USDA lowered both the national corn and soybean yields from August, both were above the average analyst estimate, along with 2025-26 ending stocks.
Trade has remained relatively quiet ahead of this morning’s production and supply & demand reports from USDA.
Are big U.S. corn, soybean crops already factored into prices?
Update of Benchmark Farms Finds Gains in South
Semi-annual Survey Finds 1.2% Six-Month Decrease
High yields lead to high nutrient removal rates, but next year, nutrient replacement and feeding a new crop comes at a higher cost