The United States Department of Agriculture’s Office of the Chief Economist (with collaboration from a number of USDA agencies) released their monthly World Agricultural Supply and Demand Estimates report today (April 9). At this stage the reports do not carry the level
Monday’s Crop Production and World Agricultural Supply and Demand Estimates reports from USDA reversed last month’s changes and increased the expected size of the U.S. crop. Total U.S. production is forecast at 16.4 million bales, up 140,000 from October. The national yield was raised
Multiple workshops related to the 2014 farm bill have been scheduled for December. These workshops are targeted at our numerous crop producers and will provide detailed information on the new ‘covered commodity’ programs (ARC & PLC), new crop insurance products
The Supplemental Coverage Option (SCO) crop insurance endorsement will be available to winter wheat producers in Bolivar, Coahoma, Sunflower, Tallahatchie and Washington counties for 2015. SCO was authorized in the Agricultural Act of 2014 and will provide an indemnity payment
With the recent passage of the 2014 Agricultural Act a number of new choices are available for producers, while many of the previous options are no longer available. The analysis here examines these choices for soybean production in Mississippi. The
This past Monday (June 30), USDA released their annual Acreage report. The report is preceded by the March Prospective Plantings report with the difference being a more solid, confirmed acreage number in the acreage report compared to an expected, planned
A few items from us boring ag economists — We’re still analyzing the 2014 Farm Bill (largely waiting on the rules and regulations). But, in the mean time, click the links below for a few items that be of use:
by: Brian Williams and John Michael Riley Monday’s numbers from USDA National Agricultural Statistics Service’s Prospective Plantings report and Grain Stocks report came in near expectations. The Prospective Plantings report uses surveys of producers from February 27 through March 18 to estimate the upcoming acreage allocation. For
The recent passage of the 2014 Farm Bill (formally known as the Agricultural Act of 2014) brings about some significant changes in agricultural policies, specifically within Titles One and Eleven in the legislation. The following summarizes the key changes that were
The holiday shortened week was active with futures starting out on Tuesday up roughly 40 points across 2014 contract months, then fell hard on Wednesday before rebounding a bit on Friday. A stronger U.S. dollar has dampened export sales, the
Late Monday evening (Jan 27) the conference committee of the U.S. House of Representative and the Senate finalized the Agricultural Act of 2014 putting the new farm bill on its path to approval. The House passed the bill today (Jan
Cereal Grains & Soybeans (by: Brian Williams) The September prevented planting acreage report was released by the FSA earlier this week. While the report did not contain many surprises with only minor changes from last month’s report, it does indicate that
Cereal Grains & Soybeans (by: Brian Williams) The big news this week is yesterday’s WASDE report release (recap here). While many were expecting corn yields to be revised lower this month, yields were actually revised higher to 155.3 bu/acre. This was bearish
Cereal Grains & Soybeans (by: Brian Williams) Two bullish reports this week have helped boost prices for corn and soybeans. While many analysts were expecting an increase in corn production in this month’s World Agricultural Supply and Demand Estimates (WASDE), USDA
Soybeans Soybeans also saw bullish news in the August WASDE report. Both planted and harvested acres were revised down by half a million acres from last month’s projections. Soybean yields were also revised down by 1.9 bu/acre to 42.6 bu/acre.
Cereal Grains & Soybeans Prices continued their downward slide for corn and wheat this week. Favorable weather has helped to keep new crop corn and soybean conditions rated 60-65% good or excellent. Meanwhile, many producers continue to empty grain bins
Soybeans The 2013/14 crop saw a few changes from last month’s report should be considered slightly bearish even as the market moved higher. Planted acres were revised up 0.6 million acres from last month to reflect the June Acreage report. Harvested acres
The United States Department of Agriculture along with the World Ag Outlook Board released their monthly World Agriculutral Supply and Demand Estimates (WASDE) report June 12 around lunch. The report is the second to provide insight on USDA’s projections for the 2013
Monday’s crop progress had corn planting at 95% complete, just 3% behind the 5-year average. Soybeans are still behind schedule with planting progress currently at 71% for the U.S. crop and 88% for the Mississippi crop. That compares to 5
Monday’s crop progress had corn planting at 91% complete, just 4% behind the 5-year average. Soybeans are still behind schedule with planting progress currently at 57% for the U.S. crop and 74% for the Mississippi crop. That compares to 5
by Brian Williams Traders have been watching planting progress closely this week. Nearby July wheat futures closed down 4 cents Friday to close the week at $6.83/bu. Wheat harvest will likely be behind schedule this year with only 29% of
Soybeans U.S. ending stocks for soybeans remained unchanged in the April World Agricultural Supply and Demand Estimates (WASDE) report at 125 million bushels. Analysts were expecting the ending stocks number to be 137 million bushels, with a range from 107 to 160
USDA released their annual Prospective Plantings report and quarterly Grain Stocks reports today (Mar 28). The acreage report was largely in-line with pre-report expectations, but the stocks report had quite a shock for corn supplies and a slight surprise for
— The following is from Dr. Brian Williams — Nearby May wheat futures closed up a penny Friday to close the week at $7.29/bu. May corn finished down 6 cents at 7.26, but corn did finished up on the week.
by: Brian Williams and John Michael Riley Estimated U.S. production and acreage for corn, soybeans, and wheat in the December USDA report remain unchanged over the November estimates. U.S. soybean yields for 2012 are estimated at 39.3 bushels/acre, down from 2011
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