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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If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.
Ohio AgNet’s Dusty Sonnenberg takes us up in the cab with a popcorn farmer bringing in this year’s haul.
Record output, larger stocks, and softer exports point to a well-supplied domestic ethanol market as harvest progresses.
David Klein with the American Society of Farm Managers and Rural Appraisers (ASFMRA) shares an end-of-harvest update and a peek at the farmland market in Central Illinois.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
The WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.
China’s grain expansion model may be hitting its limit. Lower prices, high rents, and policy fatigue threaten future output — with ripple effects across global feed and oilseed markets.
Market analyst and friend of the show, Shawn Hackett, says Brazil’s shifting use of crops for biofuel production is a significant factor.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.