U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper ...
In terms of ethanol production, corn has some competition this winter— grain sorghum. The grain, also known as milo, produces the same amount of ethanol per bushel, but uses one third less water in the process of creating the fuel. It ...
Understanding competing countries and potential customers is an important aspect of global agriculture. To learn more about agriculture in foreign countries, farmers and agribusinesses frequently travel abroad. David Miller, the director ...
Tags: global agriculture, farmers, Food
A sinking crude oil market is just too much for the grain bulls to handle right now. Corn and soybean prices moved lower Monday morning after USDA released quarterly grain stocks, monthly world agricultural supply and demand estimates ...
Tags: grain bulls, crop production, Agriculture
There's less corn and fewer soybeans on hand in the U.S. right now than the trade expected heading into Wednesday's monthly World Agricultural Supply and Demand Estimates and Crop Production report. Wednesday's WASDE report shows a ...
Tags: Grain Prices, Corn, Soybean
Harvest is beginning to wrap-up, and the WASDE and Crop Production Reports estimate that yields are still claiming the title of "highest yields on record." The USDA reports that average U.S. corn yields are 173.4 bu/a, down .8 bushel from ...
Tags: Corn, Agriculture
The WASDE and Crop Production Reports estimate record average yields for both corn and soybeans. Those big numbers make a bearish boom in the oversupplied markets. The USDA reports that average U.S. corn yields are 171.7 compared to ...
Tags: corn, soybeans, Agriculture
Corn prices continue to be dominated by expectations of a very large U.S. harvest. The USDA will release a new forecast of the size of the crop on September 11. The market expectation is that the new forecast will be about 250 million ...
Tags: Agriculture, Corn
Friday's USDA grain stocks and production data didn't hold many surprises for the trade, with carryout numbers falling fairly close to previous estimates, ones that the trade has largely digested. Corn carryout for the U.S. is pegged at ...
The NY cotton futures market was down 394 points for the week from Monday's 72.06 open to Friday's settle at 68.12. Without a doubt the USDA WASDE report was bearish and the market took a quick dive once the report was released. They ...
Tags: USDA, The NY Cotton, Textile
U.S. corn ending stocks came in slightly higher in Wednesday's USDA World Agricultural Supply and Demand Estimates (WASDE) report, while soybean ending stocks are seen slightly lower from last month's estimate amid reports that crop ...
Tags: Corn, Soybean, Agriculture, Food
Corn use in the U.S. has slipped lower in recent months, and that's got USDA opening up a slightly lower price range looking further into the 2013-2014 marketing year. That's according to Friday's monthly USDA World Agricultural Supply and ...
Tags: Agriculture, Food, Corn, Soybean
There was no shortage of news for the cotton market to digest this week as ICE futures lost over 300 pts basis the K4 contract. Losses on Monday were re-couped on Tuesday ahead of the USDA's monthly WASDE report, which contained few ...
Corn export demand has risen in the last month, and that's likely to push futures prices to a range of about 5 to 15 cents higher than a month ago, according to Wednesday's USDA-NASS World Agricultural Supply and Demand Estimates (WASDE) ...
Tags: Agriculture, Food, Corn