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Balanced Reporting. Trusted Insights.
Wednesday, April 02, 2025
The USDA left its production estimates for this year’s corn and soybean crops unchanged from the February forecasts, while raising its projection for U.S. corn-ethanol output and slashing its outlook for Argentina’s soybean harvest.
By most measures, 2016 was another banner year for organic production. Sales of organic farm goods increased 23 percent to $7.6 billion, double the 2011 total. But most of the organic feed grains come from abroad.
A new study from Iowa State University says a compromise said to be on the table in biofuel conversations would lead to a dip in the price of corn and less use of conventional corn ethanol.
Brazil, the world juggernaut of agricultural production over the past 20 years, has the land, weather, labor and potential to increase soybean, corn and meat production even more dramatically over the next two decades, according to Brazilian and U.S. analysts.
President Trump takes another stab this week at settling a biofuel policy dispute that has embroiled a key USDA nominee, and his administration will step up its defense of proposals to clamp down on federal nutrition assistance.
U.S. corn and soybean production will be smaller than the previous year based on fractionally lower planted acreage and trend yields, USDA said today in its first projections for major crops for the 2018-2019 crop year.
Amid depressed farm income, American farmers will produce record amounts of meat, poultry and milk this year while slightly increasing plantings of major field crops, according to the Agriculture Department.
China made it clear this month it wants to block imports of U.S. sorghum, but the country's new dumping investigation may be just adding fuel to demand from feed mills there for the U.S. grain.
When China announced last week that it was taking aim at U.S. sorghum exports, it was widely seen as retribution for U.S. trade aggression. But the new Chinese anti-dumping investigation also fits into a wider pattern of efforts to dig the Asian country out of its massive stockpiles of corn.
The Department of Agriculture released market-shifting reports on Friday, largely showing robust production in 2017 adding to an already solid amount of stocks on hand around the world.
