An early look at the numbers shows U.S. farmers could increase grain acres this year despite current prices.
The study by Farm Futures Magazine shows farmers appear to be lured by the late-year corn rally, but not everyone is on board. Pollsters say more than half of the people plan no change in their crop mix.
Soybean futures could also play heavily on the decision. More global supplies are expected this year which could further depress those prices.
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The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
Fewer placements and historically low marketings point to tighter cattle supplies ahead, with Nebraska and Kansas gaining ground as Texas feedlots face supply pressure and the threat of New World Screwworm.
Industry-wide participation in SHIP enhances biosecurity and fosters global trust in U.S. pork, says swine health expert, Dr. Christine Mainquist-Whigham.
A new study by the National Grains and Feeds Association found that their industry generates $401.7 billion in economic output and supports over 1.16 million jobs nationwide.
