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Shining Light on Farm & Food Policy for 20 Years.
Monday, March 10, 2025
Department of Agriculture officials increased soybean and corn yields which helped push ending stocks projections higher in Tuesday's World Agriculture Supply and Demand Estimates report.
Farmers' financial earnings are expected to increase this year, but fewer government payments and increased production costs will likely offset higher cash receipts, USDA's Economic Research Service said Thursday in its Farm Sector Income forecast.
Farmers are expected to plant more corn, soybeans, and wheat acres than last year, but official estimates from a USDA report released Wednesday came in below trade expectations, which sent futures prices soaring.
The House Appropriations Committee today will debate amendments to a $26.6 billion fiscal 2022 spending bill that funds USDA and FDA. Republicans say the bill is too big and that Democrats are shorting defense spending.
The nation’s farmers are set to plant 178.7 million acres of corn and soybeans combined this growing season, well below analysts' estimates, according to a USDA report released Wednesday.
U.S. corn and soybean ending stocks are getting tighter as the Department of Agriculture increased exports in Tuesday’s World Agricultural Supply and Demand Estimates report.
House committees begin voting starting today on the first provisions in the massive $1.9 trillion coronavirus aid package President Joe Biden is pushing to pass. The House Agriculture Committee is scheduled to meet Wednesday to approve its portion of the package.
Producers hit with wet planting conditions, a drought, and high winds are preparing for a long and slow corn and soybean harvest the next couple of weeks. Weather pattern changes for the upper Midwest could only make matters worse if the crop isn't harvested in time.
