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10Jan

Soybeans Beat Trendline Yields Nationwide, Corn Variable

Farmers are proving they can do more with less as national corn and soybean yield averages climb year after year. Genetics, management and Mother Nature all undoubtedly play their roles, and some states have bigger wins to tout than others. U.S. corn and soybean yield averages from 2013 to 2018 are well above trend lines, by 8.2 bu. per acre and 3.7 bu. per acre respectively, according to the University of Illinois farmdoc daily. Soybeans boast above trendline yields in all states...

By Grains
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09Jan

Trade Talks Update: Statement Released from U.S. Trade Representative

The U.S. Trade Representative released a statement following three days of meetings in Beijing: Statement on the United States Trade Delegation’s Meetings in Beijing On January 7-9, an official delegation from the United States led by Deputy U.S. Trade Representative Jeffrey Gerrish held meetings in Beijing with Chinese officials to discuss ways to achieve fairness, reciprocity, and balance in trade relations between our two countries. The officials also discussed the need for any agreement to provide for complete implementation subject to ongoing...

By Dairy, Ethanol, Grains, Livestock
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08Jan

African Swine Fever Slashes China's 2018 Pork Profit Estimates

Two of China’s major pig producers sharply cut 2018 profit estimates on Monday, after African swine fever (ASF) devastated prices and demand for pork in the world’s largest hog producer in the second half of the year. Muyuan Foods Co. Ltd cut its 2018 net profit forecast to between 500 million yuan ($73 million) and 550 million yuan, down at least 20% from an earlier estimate in October, Reuters reported. The revised figures are nearly 80% down from the 2.4 billion...

By Livestock
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04Jan

WASDE Further Delayed When the Government Shutdown Ends

The January 11th World Agriculture Supply and Demand Estimates (WASDE) will likely not be on time even if the government shutdown ends next week. According to Pro Farmer analyst Jim Wiesemeyer, USDA-NASS will need a full week to get the WASDE report released when the government reopens. While most of the information was gathered prior to the shutdown, analysis of the data remains, he says. House Democrats indicate they will push to end the shutdown when the 116th Congress takes over on...

By Grains
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03Jan

Winter Corn Harvest Considerations

While the vast majority of corn has been harvested, there are still some fields that have not seen the combine because of wet grain or swampy field conditions last fall. “If snow melts and soils allow, some farmers may opt to harvest yet this winter,” says Sara Bauder, South Dakota State University Extension agronomy field specialist. “When making late harvest decisions, it is important to take the economic comparison of storing and drying high moisture corn versus field losses and damage...

By Grains
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