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 ...
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
Weather conditions continue to stay corn- and soybean-friendly, and the latest USDA Crop Progress data show that weather remains behind a steady climb in overall field conditions. Monday's weekly USDA report shows a 1% improvement in corn ...
Tags: Agriculture, Food
USDA left the U.S. ending stocks number for soybeans unchanged in its monthly World Agricultural Supply and Demand Estimates (WASDE) report, deflating hopes of what some market-watchers said could be a bullish jolt for that pit. At the ...
U.S. feed grain supplies for 2013/14 are projected lower with reduced production estimated for corn and sorghum. Harvested area for corn is raised 436,000 acres, but the estimated yield is lowered 1.6 bushels per acre to 158.8, reducing ...
Tags: Corn, Projected Corn, Corn Use for 2013/14
US poultry group Sanderson Farms has indicated its first-quarter margins remained under continued pressure from high feed costs despite rising poultry market prices. The company said today (21 January) that net sales for the three months ...
Tags: Sanderson Farms, irst-quarter margins, high feed costs
Tate & Lyle plc has said it expects "modest" full-year gains as an increase in corn prices dented third-quarter results. The ingredients group announced its third-quarter profit before tax was "broadly in line" with expectations, but down ...
Tags: corn prices, corn supplies, corn industry
Archer Daniels Midland saw its profits slide in the first quarter of its financial year as the US drought hit corn supplies. In the three months ended 30 September, earnings amounted to US$182m from $460m last year, the firm reported ...
Tags: profits, corn, ADM, Archer Daniels Midland
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry