Grains

USDA Research to Move to Kansas City

USDA’s Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA) will relocate to the Kansas City area under a plan announced Thursday by Secretary Sonny Perdue. “Following a rigorous site selection process, the Kansas City Region provides a win win—maximizing our mission function by putting taxpayer savings into programmatic outputs and providing affordability, easy commutes, and extraordinary living for our employees,” Perdue said in a release announcing the move. “The Kansas City Region has proven itself to be...

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Corn Production Trimmed by 1.4 Billion Bushels

WHEAT: U.S. 2019/20 wheat supplies are down with lower beginning stocks partly offset by slightly higher production. Beginning stocks are down 25 million bushels on increased 2018/19 exports. Winter wheat production is forecast up 6 million bushels to 1,274 million with an increase to Hard Red Winter more than offsetting decreases for Soft Red Winter and White Winter. Total wheat production is now forecast at 1,903 million bushels, up 5.8 million bushels from the May forecast....

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Corn Market Begs Farmers To Get Crops Planted

When USDA released the Crop Progress Report for the week ending May 26, on Tuesday, May 28, there was a collective feeling of disbelief. Not only did the trade underestimate Mother Nature’s ability to keep planters parked, but at just 58% planted this is the slowest corn planting in history. Markets responded with limit up movement, with some contracts even setting new contract highs. The market is begging farmers to take their time and get their crops planted, according to Chip...

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Canada, Mexico Lift Retaliatory Tariffs as USMCA Moves Forward

The path to ratification of the U.S. Mexico Canada Agreement took a step forward on Monday when Canada and Mexico removed retaliatory tariffs on many products including pork, apples, grapes, cheeses, flat steel and numerous food products. This action follows President Trump’s lift of steel and aluminum tariffs. According to their official notice of tariff removal, the Canadian government “stood up for our country's steel and aluminum workers, industries, and communities” by imposing reciprocal, dollar-for-dollar countermeasures against imports of steel, aluminum,...

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Farmers Express Concern About U.S., China Trade Dispute

As the trade dispute between the U.S. and China continues and tariffs mount on goods traded between the countries, farmers find themselves in the bull’s eye yet again. While some support the President’s trade tactics, others don’t. Check out these reader comments on the article Farmer Patience Dwindles As China Trade Talks March On. “At this juncture it’s pointless to keep politicizing what could or should be done. … If we get a deal before August, we have a chance to at...

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