Midwest Drought “Eases Its Grip”
Bloomberg's Brian K Sullivan reported yesterday that, "The Midwest 'flash drought' that gripped the region through the spring and early summer has shown a glimmer of relaxing with dry areas…
U.S. Crop Conditions – – Corn Up One Point, Soybeans Down One
DTN Managing Editor Anthony Greder reported on Monday that, "After falling for three weeks in a row, corn condition improved last week, but just by 1 percentage point, according to…
Soybeans Surge, Corn Tumbles After Acreage Report
Reuters writer Julie Ingwersen reported on Friday that, "U.S. soybean futures surged about 6% on Friday after the U.S. Department of Agriculture (USDA) reported much lower-than-expected 2023 soy plantings and…
DTN- Fertilizer Prices “Continued Their Decline”
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices continue their decline, according to sellers tracked by DTN for the third week of June 2023. This trend has…
Drought Deepens, But Expected Precipitation Could Help Stabilize Crops, as Derecho Marches Across Central U.S.
Reuters writer Karl Plume reported yesterday that, "The most intense drought to hit the U.S. Midwest farm belt since 2012 deepened over the past week, sapping soil moisture and threatening…
“Forecasts for Crop-Boosting Rains” Pressure Grain Prices Lower
Reuters writer Julie Ingwersen reported yesterday that, "U.S. corn futures fell more than 4% and soybeans more than 2% on Wednesday, pressured by forecasts for crop-boosting rains in the Midwest…
Grain Prices “Shrugging Off” Lower Crop Conditions
Dow Jones writer Kirk Maltais reported yesterday that, "Wheat for September delivery fell 5.4% to $6.99 a bushel, on the Chicago Board of Trade on Tuesday, with grain traders looking…
For Third Week in a Row, Corn and Soybean Conditions Fall
DTN Managing Editor Anthony Greder reported yesterday that, "U.S. corn and soybean conditions declined for the third week in a row during the week ended Sunday, June 25, according to USDA…
Wheat Climbs Amid Russian Turmoil, as Heat Wave Impacts Agriculture in China
Bloomberg writers Jasmine Ng and Megan Durisin reported today that, "Wheat climbed to a fresh four-month high after the armed uprising in top exporter Russia added uncertainty over the outlook…
DTN- Fertilizer Prices “Continued the Trend of Moving Lower”
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices tracked by DTN for the second week of June 2023 continued the trend of moving lower compared to a…
U.S. Midwest Drought Expands
Reuters writer Karl Plume reported yesterday that, "The worst U.S. Midwest drought since 2012 expanded over the past week despite mild temperatures as a lack of rain across the heart…
Corn “Has Risen More Than 10% in the Last Four Trading Days,” Declining Crop Condition Ratings- Dry Weather
Bloomberg writer Tarso Veloso Ribeiro reported yesterday that, "Corn prices are surging as persistent dry weather in the US, the world’s biggest producer, has dragged crop conditions to the worst…
For Second Week in a Row, Corn and Soybean Conditions Fall
DTN Managing Editor Anthony Greder reported yesterday that, "U.S. corn and soybean conditions fell for a second week in a row during the week ended Sunday, June 18, according to…
Expected Record U.S. Corn, Soybean Production “In Jeopardy Due to Problematic Weather”
Wall Street Journal writer Shannon Najmabadi reported on Saturday that, "Were this a normal mid-June morning, farmer Gary Millershaski would be looking out at waist-high fields of golden wheat almost…
A Look at Agriculture in Drought
Dow Jones writer Kirk Maltais reported yesterday that, "The weather forecast for the U.S. Corn Belt continues to be the main focus of grain traders in the latter half of…
Global Wheat Production Forecast at a Record
In its monthly Wheat Outlook report this week, the USDA's Economic Research Service indicated that, "Global wheat production is forecast at a record 800.2 million metric tons (MMT), up 10.4…
Dryness Concerns Impact Corn Price, as China is “Actively Seeking to Add New Suppliers of Corn”
Reuters writer Julie Ingwersen reported yesterday that, "U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops…
FAS World Agricultural Production Report, Focus on Wheat and Soybeans
On Friday, the the USDA's Foreign Agricultural Service (FAS) released its monthly World Agricultural Production report. Today's update includes highlights from the report, with a particular focus on wheat and…
Ukraine Dam Destroyed, Wheat Jumps; “Ukrainian Forces Step up Attacks”-US Corn Condition Deteriorates
Wall Street Journal writers Matthew Luxmoore and Bojan Pancevski reported today that, "A major dam and power station in a Russian-occupied part of Ukraine were destroyed Tuesday, casting uncertainty over…
USDA- Economic Research Service Report Highlights U.S. Soybean Production
Last week, the USDA's Economic Research Service (ERS) released a report titled, "Characteristics and Trends of U.S. Soybean Production Practices, Costs, and Returns Since 2002." Today's update includes highlights from…