The U.S. Department of Agriculture’s Risk Management Agency this week announced greater crop insurance options for farmers against unexpected decreases in their operating margin. Offered through the federal crop insurance program, margin protection insurance for corn, wheat, rice and soybeans will be available in more states and have updates designed to better clarify the real input costs covered beginning in …
The monthly World Agricultural Supply and Demand Estimates report by the Department of Agriculture released Wednesday predicts a U.S. corn crop of 14.06 billion bushels, down 1.08 billion from last year. The monthly report is also projecting a U.S. soybean crop of 4.25 billion bushels, down from the 4.3-billion-bushel crop last year. USDA projects ending stocks for new crop corn …
Friday’s Department of Agriculture prospective plantings report suggests that U.S. farmers will plant four percent less corn this year compared to 2016 while planting seven percent more soybeans.
An agriculture professor from the University of Illinois says very early planting is not worth the risks involved. Emerson Nafziger says planting well ahead of normal is unlikely to result in higher yields.
A bin-busting harvest is doing just that, according to a new report by CoBank. The cooperative bank says this year’s yields have created a storage capacity crunch at U.S. elevators and are contributing to a brighter economic outlook for elevator operators.
Informa Economics is predicting that soybeans will take away a significant number of acres from corn and wheat during the 2017 planting season.
The U.S. Department of Agriculture’s office in China expects the nation will likely import a record 86 million metric tons of soybeans during the current marketing year, up 3.5 million metric tons from last year.
Wheat Growers See Record-High Yields As of September 1, there were 1.74 billion bushels of old crop corn and 197 million bushels of old crop soybeans in storage, according to the Grain Stocks report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).
Soybean planting in Brazil starts on September 15, but the Agri Money Dot Com website said it’s starting this year under pressure from prices, tight credit, and dry weather. There’s a few worries about the quality of available seeds as well. Crops are not actually allowed in fields before September 15 as the country tries to cut down on the …
China is the world’s top soybean importer, but they’re taking steps to reverse that trend. Agri Money dot Com reports that China plans to massively increase its oilseed production over the next four years. The move should reverse a trend that’s seen soybean imports rise dramatically, even as excess corn continues to stockpile in government inventories.
The 2015-2016 marketing year for corn and soybeans ended on August 31. The question is how much of each commodity was used during the marketing year? The USDA Quarterly Grain Stocks report on September 30 will reveal the total consumption of the two commodities and the amount of grain stocks available for use in the 2016-2017 marketing year.
The final numbers are in for the Pro Farmer Midwest Crop Tour that wrapped up Thursday. They pegged the corn crop at 14.728 billion bushels with a 170.2 bushel per acre average. The soybean harvest estimate is 4.093 billion bushels with a 49.3 bushel per acre average yield.
The Environmental Protection Agency and several state agencies have gotten reports about crop damage that appears to be related to the use of herbicides containing dicamba.
Both U.S. corn and soybean growers are expected to harvest record-high crops this year, according to the Crop Production report issued by the Department of Agriculture’s National Agricultural Statistics Service.