Mar 08
As expected by the grain trade, USDA on Wednesday lowered corn export demand 75 million bushels (mb) and also bumped up ending stocks for the crop by 75 mb as well. USDA trimmed soybean ending stocks to 210 mb, 15 mb from last month’s estimate. USDA lowered its crush estimate by 10 mb but raised …
Jan 31
The National Corn Growers Association joined over 60 groups in sending letters to key decision makers in the Biden administration and Congress opposing cuts to the federal crop insurance program during the upcoming fiscal year 2024 budget and appropriations processes. “The last several years have brought an onslaught of uncertainty for America’s farmers and ranchers …
Jan 13
The United States Department of Agriculture released the January World Agricultural Supply & Demand Estimates (WASDE) report yesterday. The expected reductions in use were met with notable changes to U.S. production, resulting in lower-than-expected ending stocks for the 2022/23 marketing year. As compared to the December WASDE report, a 200 million bushel drop in total production was spurred …
