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Dry Northern Plains, western Corn Belt welcome rain. Reports signal EPA sending proposed RFS levels to OMB for review. Biden tries to limit political and real damage of Afghanistan withdrawal.
Pro Farmer estimates the U.S. corn crop at 15.116 billion bu. with an average yield of 177.0 bu. per acre. We estimate the U.S. soybean crop at 4.436 billion bu. on a national average yield of 51.2 bu. per acre.
House returns to packed agenda which will not play out until October or later
Corn, soybean and wheat futures ended the week in a disappointing fashion, while lean hogs and especially feeder cattle futures roared higher.
This issue is all about our Crop Tour findings and our Pro Farmer crop estimates.
Biden risks being defined by Afghanistan crisis; was warned about a quick Kabul collapse
Results from Iowa and Minnesota are in, rains fell in some northern and western areas and a Rural Mainstreet Index holds above growth-neutral...
The crop markets were mixed in overnight trading as the Pro Farmer Crop Tour wrapped up. Firming cash cattle prices suggest futures could rebound from Thursday, but hogs seem to be facing seasonal weakness.
Highlights from Day 4 of our Crop Tour. Some rains fall in far western Corn Belt. Survey finds continuing strong rural economy. Choice beef takes out June highs.
Rural Mainstreet Index finds ninth consecutive month of above growth neutral reading on rural economies.
Tune in for coverage of the last day of coverage with scouts sampling fields in Iowa and Minnesota. Results for these states will be unveiled at 8:00 p.m. CT.
Mark’s observations and comments from the final day of Crop Tour.
Disinflationary pressures along with big Corn Belt rains undercut the crop markets Thursday. Worries that wholesale meat prices are set to decline seasonally depressed the livestock markets.
Get preliminary route reports from Crop Tour leaders as they make their way through Iowa and Minnesota on the final day of the tour.
$350 million in pandemic aid payments to dairy farmers via PMVAP
The northwest Corn Belt has been particularly hard-hit.
Illinois yield results from day three of Pro Farmer’s Crop Tour were impressive, Vilsack is expected to make a dairy aid announcement today and Biden vows to evacuate Americans and Afghans from embattled Afghanistan...
Other USDA pandemic aid announcements coming soon
The 30- and 90-day forecast maps maintain concerns about drought-stressed crops in the northwest Corn Belt but they signal crops in the eastern Belt should have the moisture needed to finish strong.
The prospect of heavy rains over larger areas of the Corn Belt today depressed the crop markets overnight. Continued wholesale strength for beef and pork seemingly favor steady-firm livestock market openings.
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