Corn Prices Sag After Lackluster WASDE Export Data
Going into Tuesday's monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report, the trade expected substantial increases in export sales for both corn and soybeans, but that boost only came to fruition in the soybean trade.
Farmers Optimistic Ahead of a Big Corn, Soybean Planting Season
Farmers are expected to plant massive corn and soybean crops this spring as a response to recent market movement and record-low domestic grain stocks. Corn is expected to see an especially big year; if it's realized, this year's crop will be the third-largest in the last 75 years, just behind 2012 and 2013.
Dairy Farmers, Specialists Discuss ‘Justice Versus Economics’ in Farm Labor Decisions
Labor is one of the biggest challenges facing a few sectors of agriculture right now. Recent changes like changing legislation, increased farmer efforts to align with the Fair Labor Standards Act and growing advocacy on behalf of farm workers in sectors like the dairy industry have many facing growing costs to adhere to increasing regulations.
Carbon Program Will Pay Farmers This Summer
A new program launched by Land O' Lakes' sustainability provider Truterra, LLC, will begin paying farmers for generating and selling carbon credits as early as this summer.
USDA Lowers 2021 Farm Income Outlook
Net farm income and net cash farm income are expected to decrease 8.1% and 5.8%, respectively, in 2021 compared to 2020 based largely on the absence of direct farm payments that made up a large share of incomes last year.
USDA Extends CRP Signup
The deadline for signing up for the USDA Conservation Reserve Program (CRP) was originally set for this Friday. With renewed interest in growing general CRP enrollments, that deadline has been lifted indefinitely for both new contracts and those expiring later this year.
La Niña Fading But Still Around Through April
Moving into March and beyond, warmer temperatures in the southern U.S. and Arctic air hitting the Northeast are common in La Niña years.
5G Represents Major Necessary Rural Connectivity Improvement
Wholesale improvement may finally be on the way for rural high-speed internet connectivity with the deployment of 5G around the…
Farm Bankruptcies Declined in 2020, Still a Major Concern — Economist
Last year saw fewer family farm bankruptcy filings (552) than 2019. Taken alone, that number is positive. But, those Chapter…
Snowfall Eases Western Drought as Plains Soil Conditions Remain Dry
Thursday's weekly update of the U.S. Drought Monitor showed the active weather pattern in the last week has helped chip away at the drought conditions in some of the hardest-hit areas of the western U.S., while soil and crop conditions in the Southern and High Plains remain worrisome.