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.

Beef Prices Soar to Record Highs in June

Ground beef prices across the U.S. continue to reach new highs, driven by shrinking cattle herds, with looming import restrictions threatening to push costs even higher. The average price of a pound of 100% ground beef rose to $6.12 last month, up from $5.98 in May.

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 […]

Corn Acres Will Top 95 Million in 2025, USDA Says

Bloomberg’s Michael Hirtzer reported Monday that “US farmers are boosting corn planting to a five-year high as the looming trade war makes America’s mostly widely grown crop a relatively safe bet even as demand is at risk of being shaken up by reciprocal tariffs.” “Farmers are expected to plant 95.3 million acres of corn this […]

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 […]

Tariffs Threaten Shift to Higher Corn Acres in 2025

Bloomberg’s Kim Chipman reported late last week that “President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all. Growers were widely expected to plant the most corn in five years due to tighter supplies. Now levies on some products from Canada, Mexico and China have shifted […]

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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