Crops
The U.S. has a bountiful corn supply, but markets are waiting for the January WASDE Report, which will include updated yield estimates.
The Senate failed to pass a continuing resolution that had been approved by the House the previous week. They could take it up again today, but it would take seven democrats to end the stalemate.
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.
The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
U.S. Farmers Navigate Harvest Pace, Costs, Policy Shifts
Beginning Farmers and Ranchers, Crop Insurance, and a Business Planning Complication
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Listen to Alex’s Dirt Diaries episode today on all podcast platforms or tune into Rural Radio SiriusXM Channel 147 to listen, weekends at 5 a.m. and 4 p.m. ET.
Waiting could risk leaving next year’s crop unprotected.
Grains and Commodities
USDA Leaves U.S. Grain Stocks Unchanged, Projects Mixed Livestock Fundamentals in March WASDE Report
USDA’s March WASDE report leaves U.S. corn, soybean and wheat ending stocks unchanged while adjusting global production estimates for South America.
Strong exports and production support ongoing corn demand.
Brooks York with AgriSompo provide insight on crop insurance considerations and the decisions farmers are making as the enrollment deadline approaches.
Specialty Crops
