USDA Crop Progress Reports
Drought conditions persist in 16 of the 18 top-growing corn states as this year’s planting season gets underway. Seven states had corn in the ground as of March 2024.
Despite the looming specter of weather extremes and a myriad of other tough challenges, like rising input costs, projections indicate a significant decline in crop insurance prices compared to previous years for key U.S. commodities.
The Outlook Board Chairman Mark Jekanowski says they will be focused on production prospects for competing crops in South America and the market situation for last season’s crops.
Looking ahead, the USDA’s National Crop Progress and Condition Reports are set to resume weekly distribution in April. Here’s a look at where winter wheat crops stand now at the beginning of 2024.
The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
USDA experts say competition from Brazil is casting a shadow on this year’s U.S. record corn crop, lowering trade demand for exports as well as the prices.
Weather’s Impact on Crop Yields Sparks Market Speculation Ahead of WASDE Report
This month marks a significant milestone as the U.S. Dept. of Agriculture’s (USDA) World Agricultural Supply and Demand Estimates (WASDE) Report celebrates its 50th anniversary.
The agricultural world is eagerly anticipating the U.S. Dept. of Agriculture’s (USDA) September Crop Production Forecast, which is set to be released next week and will be full of key harvesting insights gleaned from farmers across America.