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Bill Northey Talk Corn Crops, Water Quality

During the Farm Progress Show this week, I caught up with Iowa Ag Secretary Bill Northey. I asked him what the corn crop was looking like in Iowa in particular, as Boone, Iowa is the host of this year’s Farm Progress. Northey said that for the most part, Iowa is going to have a great corn crop as well as... Read More

Pork Economic Situation and Outlook

The record yields and production predicted for the U.S. corn crop this year have good potential to get even bigger, according to livestock economist Steve Meyer, Paragon Economics. “It just looks very good … we’re looking at a great crop,” said Meyer at the Boehringer Ingelheim Vetmedica North Carolina Swine Health Seminar last week. “Based on history, the two years... Read More

Ag Economy; Policy Issues; Biotech; Regs; and, Immigration- Thursday

Agricultural Economy Jesse Newman reported in today’s Wall Street Journal that, “Two visitors on an annual Midwest crop tour here [McLean County, Il] this week quickly found themselves enveloped by 10-foot-high stalks of corn, an up-close view of what some think could be an even-larger U.S. crop than the record harvest projected by federal forecasters.” The […]

Wall Street's Commodities Analysts Are Getting Their Hands Dirty In America's Corn Fields This Week

This week, a bunch of Wall Streeters have traded in their suits and ties for jeans as they make the annual pilgrimage to the Midwest to check out this year's crops. It's what New York-based Societe Generale commodities analyst ChrisShow More Summary

Ag Economy; Regulations; and, Immigration- Tuesday

Agricultural Economy Jesse Newman reported yesterday at The Wall Street Journal Online that, “The corn crop in Ohio, the nation’s seventh largest producer of the grain, will surpass projections made in the most recent federal estimates, according to an average of survey results collected by crop scouts on a closely watched crop tour. “Corn yield potential […]

Favorable August Weather Continues To Support Healthy Crops

By T. Marc Schober: Ideal growing weather continues to support corn and soybean conditions as we move closer to harvest. Illinois and Iowa, the largest corn producing states, have the best conditioned corn in the U.S. The highly acclaimed...Show More Summary

Plunging Corn Prices Encourage Livestock Producers To Fatten Up The Flock

By The Mays Report: By G C Mays The USDA released its first survey-based estimate of the 2014/15 marketing year and estimated corn production at a record 356.4 million metric tons. With 73 percent of the corn crop recently rated good-to-excellent farmers will likely realize much if not more of that record estimate. Show More Summary

Ag Economy; Policy Issues; and, Regulations- Wednesday

Agricultural Economy- USDA Reports Yesterday’s Crop Production report from the USDA’s National Agricultural Statistics Service (NASS) noted that, “Corn production is forecast at 14.0 billion bushels, up 1 percent from 2013. Based on conditions as of August 1, yields are expected to average 167.4 bushels per acre, up 8.6 bushels from 2013. If realized, this will […]

Decision could boost use of popular weed killer

2 weeks agoNews : The Newsroom

WASHINGTON (AP) — Faced with tougher and more resistant weeds, corn and soybean farmers are anxiously awaiting government decisions on a new version of a popular herbicide — and on genetically modified seeds to grow crops designed to resist it.

Record crops predicted; farmers market carefully

DES MOINES, Iowa (AP) — Farmers will produce a record-breaking corn harvest this year, surpassing earlier expectations of the U.S. Department of Agriculture, which on Tuesday revised upward its estimate of this year's corn crop to 14 billion bushels to exceed last year's 13.9 billion bushel record.

Record Corn Yield Expected For 2014 Due To Favorable Weather

By T. Marc Schober: The USDA expects the 2014 corn crop to average a record 167.4 bushels per acre, although the yield estimate was below what analysts were expecting. Adjusting for corn's 2014/15 record production, the ending stocks-to-use ratio is now estimated at 13.5%, which is the highest in a decade. Show More Summary

US sees record global wheat crop, strong corn output

2 weeks agoNews : The Newsroom

Global food supply expectations got a boost Tuesday as the US Department of Agriculture forecast a record global wheat crop and a new high mark for US corn output. Other important US crops, including rice and soybeans, were also forecast...Show More Summary

USDA Predicts Record Corn and Soybean Crops

A little bit more corn and a lot more soybeans compared to last year is what USDA is forecasting in the latest report out today. U.S. soybean producers are expected to produce a record 3.82 billion bushels in 2014, up 16 percent from last year according to the Crop Production report issued today by the U.S. Department of Agriculture’s National... Read More

Crop Progress: Near Record Conditions Continue To Hold

By T. Marc Schober: The World Agriculture Supply and Demand Estimates (WASDE) will be released tomorrow by the USDA. Most analysts expect a continued sense of optimism over this year's production for corn and soybeans. Analysts are estimating...Show More Summary

Ag Economy; and, Policy Issues- Monday

Agricultural Economy AP writer David Pitt reported on Friday that, “A mild summer across much of the nation’s heartland has provided optimum growing conditions for the nation’s corn and soybean crops. Pair that with high-yield seeds and other new farming technologies, and the U.S. is looking at busting records come harvest time. “The U.S. Department of […]

In Iowa, Rand Paul previews 2016 campaign message amid dust-ups

URBANDALE, Iowa (CNN) - Rand Paul wears his political ambition for all to see. Look no further than the tie he sported during a three-day trip to Iowa. It had yellow images of corn, the crop that epitomizes politics in the first-in-the-nation caucus state. "And by coincidence, I have one in the shape of South […]

ERS: Genetically Engineered Seeds Planted on Over 90% of U.S. Corn, Cotton and Soybean Acres

From USDA’s Economic Research Service (ERS): U.S. farmers have adopted genetically engineered (GE) seeds in the 19 years since their commercial introduction, despite their typically higher seed prices. Herbicide-tolerant (HT) crops,Show More Summary

Crop Progress: Drier Weather Fails To Significantly Lower Crop Conditions

By T. Marc Schober: The Midwest reported below average precipitation for the month of July, a crucial time for the development and maturity of the corn crop. Despite very little rain the crop continues to be rated at a high percentage in "Good" or "Excellent" condition by the USDA. Show More Summary

Graphs- July Crop Conditions, Cooler and Drier in Corn Belt

U.S. weather conditions in the key crop development month of July turned out to be both cooler and drier than normal this year in large areas of the Corn Belt. -kg

ERS: U.S. Farm Prices of Major Field Crops are Forecast to Decline for 2014/15

From USDA’s Economic Research Service (ERS): Current USDA forecasts show declines in U.S. average farm prices for major U.S. field crops—corn, soybeans, wheat, and cotton—of 4 to 19 percent in 2014/15. For corn, soybeans, and wheat, this would be the second consecutive year of declining prices. Soybean prices are forecast to decline the most in […]

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