The nation’s corn growers are calling for immediate action to increase market access. It comes following the bullish WASDE report, which is projecting a record corn crop, leaving producers looking for new outlets.
National Corn Growers Association President Kenny Hartman joined RFD-TV’s Jennifer Vickery-Smith to discuss his big takeaways from the report, his opinion on USDA’s strategy to review acres in August, and if year-round access to E15 would help.
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Corn and sorghum exports remain strong; soybean demand lags.
USDA’s Quarterly Grain Stocks report shows increased supplies across all major commodities, with corn, soybeans, and wheat stocks all rising compared to a year ago. Lewis Williamson with HTS Commodities discusses producer and market sentiment ahead of the key report.
Tony St. James and StoneX’s Arlan Suderman provide real-time insight on the USDA’s annual Prospective Plantings report, which shows a shifting acreage across commodities, with farmers planning to cut back on corn and wheat while increasing soybean and cotton acres.
The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
Corn Refiners Association VP Kristy Goodfellow offered insight into the Feeding the Economy Report’s key findings, showing the breadth of agriculture’s economic impact and the challenges ahead.
Corn and soybean exports continue supporting demand levels.
