Corn Futures Dipped Below $4 on Wednesday

Corn futures fell below $4 a bushel (on Wednesday) to the lowest level in about 11 months as favorable US weather continued to weigh on prices ahead of a key report due next week that could show eye-popping yields. As of Thursday morning, corn is back above $4.

US Retail Egg Prices Fell 12.7% in April

The Associated Press’ Dee-Ann Durbin reported that “U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday. The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March, according to the U.S. Bureau […]

Analysts Expect 4 Million More Corn Acres in 2025

Progressive Farmer’s Rhett Montgomery reported that “on Monday, March 31, USDA will release two major reports out to the market at 11 a.m. CDT. The Prospective Plantings report and quarterly Grain Stocks report will serve to give a very early look into production potential for spring-planted crops, while also accounting for inventory still on hand from […]

USDA Increases Corn Yield Estimate to New Record

Progressive Farmer Staff reported Thursday that “going against analysts’ pre-report estimates, USDA on Thursday raised corn production slightly as the yield was bumped up to a record level. Corn production was pegged at 15.186 billion bushels, up 39 million bushels from August. The yield was raised 0.5 bushels per acre to a record 183.6 bpa.” […]

Pro Farmer Tour Finds ‘Spectacular’ US Soybean Crop

Pro Farmer Editors reported on Friday that “Pro Farmer estimates the U.S. corn crop at 14.979 billion bushels using an average yield of 181.1 bushels per acre. We estimate the U.S. soybean crop at 4.740 billion bushels at an average yield of 54.9 bushels per acre.” “The national estimates above reflect Pro Farmer’s view on […]

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