Articles tagged under: USDA
Grain and Oilseed Outlook Shows Higher Soybean Planted Acres
Published February 19, 2021
According to the USDA's Grain and Oilseed Outlook, U.S. soybean ending stocks at the end of the current marketing year to be at 120 million bushels. The current marketing year ends on August 31. New crop soybean production is based…U.S. Acreage and China Demand Highlighted in Ag Outlook Forum
Published February 19, 2021
Exports, acreage and the farm income forecast dominated the opening session of USDA’s Ag Outlook Forum. USDA Chief Economist Seth Meyer anticipates China demand to remain strong in the next year. "Outstanding sales, what we have on the books for…Weather Outlook Uncertain Going Into Spring
Published February 18, 2021
In the latest outlook from the National Weather Service, USDA Midwest Climate Hub Director Dennis Todey says there’s no real surprises. La Nina will still be in place for the next month. "That's a mixed situation for the Northern Plains.…Former NRCS Chief Passes
Published February 18, 2021
Former USDA NRCS Chief and South Dakota native, Paul Johnson, passed away earlier this week. Johnson worked for the USDA from 1994 to 1997. During his time at the USDA, Johnson helped develop and implement the conservation title of the…Virtual Ag Outlook Forum Happening This Week
Published February 15, 2021
USDA will hold their annual Ag Outlook Forum virtually later this week. Advance Trading Commodity Research Analyst Brian Basting says traders will be watching to see what USDA does with the acreage mix. "USDA will give us the best guess…FSA Finishing Up Processing First Half of 2019 WHIP+ Payments
Published February 15, 2021
As the Farm Service Agency takes applications for the Quality Loss Adjustment Program, the agency is also trying to finish processing WHIP+ program payments. In North Dakota, FSA offices are through the bulk of WHIP+ program applications, but there are…A Boost in Global Corn Ending Stocks, Soy Ending Stocks Lower
Published February 10, 2021
The February USDA World Agricultural Supply and Demand Estimate report had USDA raising world corn ending stocks 2.7 million tonnes from January to 286.5 million tonnes, reflecting increasing stocks in China, South Africa and Mexico partially offsetting decreases in Argentina…USDA Lowers Corn Ending Stocks in February Report
Published February 10, 2021
USDA lowered U.S. corn ending stocks by 50 million bushels from the January report to 1.502 billion bushels, mainly on a matching increase in exports to China. U.S. soybean ending stocks are lowered 20 million bushels from January to 120…No Shock for Grain Traders in the February USDA Report
Published February 10, 2021
Brock Associates President Richard Brock wasn’t too surprised with the February USDA report. Most grain traders expected the USDA to increase corn and soybean exports more than they did. "I think what USDA is assuming is some of the exports…