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Shining Light on Farm & Food Policy for 20 Years.
Monday, August 19, 2024
Senate Agriculture Committee Chairman Debbie Stabenow is calling on farm groups to fight any cuts to farm bill programs as House Republicans work to reduce spending this year.
The Department of Agriculture Wednesday lowered its estimates for soybean yields, production and exports for the 2022-23 marketing year while acknowledging that Brazil will likely have a much larger harvest early next year.
The Agriculture Department estimates U.S. winter wheat production will drop 8% this year due to a drought gripping the Plains and that planting delays are likely to cut the corn harvest.
Old crop corn and soybean ending stocks stayed steady in the Department of Agriculture's latest World Agricultural Supply and Demand Estimates report released Monday.
Soaring prices for commodities ranging from corn to cotton have fueled a sense of optimism for some farmers this growing season, but economists and land investors warn that the highs could be short-lived and that higher cash rents and production expenses could squeeze growers sooner than they expect.