Unless yields soar to never-before-seen highs, the United States this summer will certainly harvest the smallest corn crop in three years since the production volume may not be padded by a boost in plantings.
USDA's acreage numbers injected a substantial amount of uncertainty into both markets that appears set to stay in place throughout the summer, according to University of Illinois agricultural economist Todd Hubbs.
Shed hunting is a late winter and spring sport for millions of landowners and outdoorsmen in the United States, yet, few hunters can match Jimmy Cassell’s consistent totals or antler size. The search for sheds never gets old for Cassell, even after 30 years and over 1,500 specimens.
FAPRI’s baseline projections point to little change in net farm income over the next decade, which could lead to further erosion in the farm financial picture for agriculture. For 2019, FAPRI sees livestock receipts not boasting the numbers USDA currently projects.
Recent price support caused by a lower national yield forecast dissipated this week, as negative consumption news and improving weather for harvest appeared, says University of Illinois ag economist Todd Hubbs.
Corn and soybean producers aren’t the only ones feeling the squeeze of wet weather. Cattle and dairy producers are left wondering what this means for their access to feed, and how soon they should lock in inventory.
The Farm Journal Midwest Crop Tour isn’t all clear skies, sunshine and 240 bushel corn. In fact, today, on the Eastern leg of the tour, scouts were met with severe weather and extreme variability in the fields.