Articles tagged under: USDA
USDA Forecasts Larger Corn and Soybean Yields in August Report
Published August 12, 2020
As expected, USDA’s August Supply and Demand Report has the U.S. corn yield pegged at 181.8 bushels per acre. The soybean yield estimate of 53.3 bushels per acre is slightly higher than pre-report trade estimates. The 2020 U.S. ending stocks…Large U.S. All Wheat Production Expected in 2020-21
Published August 12, 2020
In the August crop report, USDA raised 2020/21 wheat production by 14 million bushels to 1.84 billion bushels as increased hard red spring and durum production more than offset lower winter wheat production. USDA lowered food usage slightly to 962…USDA Extends CFAP Deadline, Adds Commodities
Published August 11, 2020
USDA has extended the application deadline for the Coronavirus Food Assistance Program to September 11. The list of eligible commodities was also expanded, now including all sheep. Only lambs and yearlings were eligible previously. USDA is also releasing the remaining…Big U.S. Crop May Offset Concern in Drier Areas
Published August 10, 2020
The latest drought monitor map continues to show the driest areas of Iowa expanding. U.S. Commodities President Don Roose says grain traders think the big crops will offset the dry areas. "We did get some scattered rains across Iowa, but…A Big Month Ahead for Grain Markets
Published August 10, 2020
There’s a big month ahead for the grain markets. Van Ahn and Company market analyst Kristi Van Ahn says it all starts with Wednesday’s USDA Supply and Demand report as traders monitor the U.S. crop. "This crop report will be…Requesting a CFAP Sign-Up Extension
Published August 8, 2020
More than 25 agricultural associations are asking Agriculture Secretary Sonny Perdue to extend the Coronavirus Food Assistance Program sign-up deadline and update the program. The associations say the August 28 deadline may exclude eligible producers from participating and the extra…Analysts Prepare for August Supply and Demand Report
Published August 8, 2020
The USDA will release its August Supply and Demand report on Wednesday. Allendale President Steve Georgy says market analysts are preparing for the details. "There's some negativity in the markets ahead of the report, with some analysts thinking the USDA…ND Groups Ask USDA to Adjust Haying and Grazing Deadline
Published August 6, 2020
Eight North Dakota agricultural organizations are asking Agriculture Secretary Sonny Perdue to reconsider a decision to not adjust prevent plant haying and grazing dates. This would relieve pressure for farmers and ranchers holding animals due to a backlog at processing…Demand for Cheese Declines, Prices Take a Tumble
Published August 6, 2020
Cheese prices nosedived this past week. AgResource Company President Dan Basse says that’s due, in part, to a drop in demand as the USDA Farmers to Family Food Box program winds down. "We're now seeing the dairy markets reflecting less…