The purpose of this farmdoc daily post is to evaluate the market’s current implied price distribution for fall-time corn and soybean prices, and assess the implication for possible levels of crop revenue....
U.S. corn and soybeans still appear to be on pace for what could be an earlier-than-normal harvest, according to the USDA National Ag Statistics Service’s weekly Crop Progress report released Monday.
Ever seen tomatoes harvested? Grab some salsa and chips and check this video out.
The 2015 waters of the United States, or WOTUS, now is in effect in 26 states after a federal judge in South Carolina issued a nationwide injunction on a recent EPA rule that delayed the implementation of the Obama-era regulation.
What happens when the President & CEO casually shows up during the 2019 Fall Agent Training? The ‘Welcome and Thank You’ section becomes an interactive Q&A. Thank you Kendall! #PAFall19
We have a great group of agents showing up across the country as we look forward to 2019 business. #LetUsProtectYou
The United States Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) announced a “presolicitation for bids” that it will purchase $50 million of pasteurized fluid milk and will distribute it through food assistance programs and food banks.
The purchase is not part of the funding to compensate farmers from retaliatory tariffs on dairy products put in place by Mexico and China. “These purchases are part of the normal operations of administering Section 32 [of the Act of August 24, 1935] and are not related or associated with the authority or administration of possible purchases under Section 5 of the Commodity Credit Corporation related to trade mitigation,” AMS says.
The USDA corn and soybean production forecasts will be updated on September 12. Uncertainty remains for U.S. average corn and soybean yield forecasts. For soybeans, in particular, August weather will be a deciding factor. Prices will reflect crop production potential and trade issues as we move into the harvest period.