Tag: richnelson

Aug 11

Winter wheat production forecast at 1.23 billion bushels, up 2% from the July 1 forecast and up 11% from 2022 in Latest WASDE

As expected, USDA on Friday lowered both corn and soybean yields and production, dropping corn yields to 175.1 bushels per acre (bpa), and lowering soybean yields to 50.9 bpa. Corn production was pegged at 15.11 billion bushels (bb), and soybean production was forecast at 4.2 billion bushels. Farm Director KC Sheperd had the chance to …

allendale, richnelson, WASDE, Wheat

Mar 31

Oklahoma Sees 300,000-acre increase in Wheat Plantings on USDA Prospective Plantings Report

USDA on Friday released its Prospective Plantings and March 1 Grain Stocks reports. Farm Director, KC Sheperd, visited with Allendale’s Rich Nelson about the two reports. Two USDA reports today, quarterly Grain Stocks and Prospective Plantings, give the trade a good deal of both old and new crop information to digest. Grain Stocks issues remaining …