The most recent estimates of the U.S. corn and soybean crops are in, and the numbers are slightly lower than anticipated. Significant drought in a large area of the U.S. is dragging down the United States Department of Agriculture’s projected average corn yield, now pegged at 174.6 bu/ac down from 179.5 bu/ac a month ago…. Read More
Tag: Usda
The deadly pig disease that has devastated China’s hog herd has been found in the Dominican Republic, according to the U.S. Department of Agriculture’s Foreign Animal Disease Diagnostic Laboratory. The USDA confirmed the presence of African swine fever (ASF) in the Caribbean country on July 28. The discovery fuels concerns about the disease, which does… Read More
The USDA projected tighter-than-expected wheat supplies for the 2021-22 crop year in its July World Agricultural Supply/Demand Estimates (WASDE) report released on Monday. Most of the other key figures in the report for the big three crops — corn, soy, and wheat — were in line with expectations, with yield projections left unchanged from June…. Read More
Much of the oxygen surrounding agriculture in the United States-Mexico-Canada Agreement has been used on dairy, but expect wheat to gain increased attention in the coming weeks if some U.S. farm groups get their way. Newly reappointed U.S. Secretary of Agriculture Tom Vilsack has mentioned USMCA enforcement and wheat several times in recent speeches, and… Read More
It appears the Biden and Trudeau governments are seeing many issues through a similar lense so far, especially when it comes to fighting climate change, enabling diversity, and a belief in science. Tuesday morning, Canadian Minister of Agriculture and Agri-food Marie-Claude Bibeau and USDA Secretary Tom Vilsack met virtually, to discuss the importance of the… Read More
There were no big surprises in the USDA’s February supply/demand report on Tuesday, although it had a slightly bearish tone thanks to a lower-than-expected corn export estimate. U.S. corn ending stocks for 2020-21 were reduced by 50 million bushels compared to the January report on a 50 million bushel increase in exports driven by China…. Read More
The November WASDE report from the United States Department of Agriculture led to some green on the screen on Tuesday as markets reacted positively to the news of higher corn exports and lower than predicted production. For U.S corn, production is pegged at 14.507 billion bushels, down 215 million from the last report, following a… Read More
The USDA boosted its yield estimates for corn and soybeans in its August World Agricultural Supply and Demand Estimates (WASDE). While the report was generally thought of as bearish, both corn and soybean futures ended the trading day on Wednesday higher. The department’s first survey-based corn yield forecast comes in at a record 181.8 bushels… Read More
This is an unforgettable time in the cattle markets for ranchers and feedyards. The United States Department of Agriculture released its Cattle on Feed report for April 1, and the results are close to expectations and would be considered bullish in a “normal” market. In the United States, total cattle on feed is down 5… Read More
United States Department of Agriculture Secretary Sonny Perdue held a press conference at the National Cattlemen’s Beef Association convention this week in San Antonio, Texas, to talk about the U.S. government’s work on trade, dairy access, and more. As one of the biggest supporters of U.S. President Donald Trump’s agenda, Secretary Purdue boasted about the… Read More