Articles tagged under: USDA
Organic Checkoff Rule is Terminated
Published May 14, 2018
USDA’s Agricultural Marketing Service plans to terminate the rulemaking process for a proposed organic checkoff program. Nearly 15,000 comments were submitted to the Federal Register and the comments highlight a split within the organic industry about the checkoff program.USDA Forecasts Lower Winter Wheat Production
Published May 10, 2018
USDA forecasts this year’s U.S. winter wheat production at 1.2 billion bushels, which is down six percent from the 2017 crop. The average yield is forecast at 48 bushels per acre. This is down from 50 bushels per acre last…A Clearer Picture of Bean Demand
Published May 10, 2018
The soybean market traded higher following the release of the May WASDE report Thursday. Stewart-Peterson Senior Market Advisor, Brian Doherty, says USDA gave the market a little clearer picture of soybean demand. “They got a spike, but they didn’t really…More Soybean, Fewer Wheat Stocks in Global Supplies
Published May 10, 2018
The May World Supply and Demand Estimate (WASDE) report also says global soybean supplies are at 92 million tons. This is an increase of two million from April and slightly higher than the trade guesses. Global wheat stocks are down…USDA Lowers U.S. Soybean, World Corn Ending Stocks
Published May 10, 2018
In the May USDA World Agriculture Supply and Demand Estimate report, USDA lowered U.S. soybean ending stocks and world corn ending stocks more than expected. U.S. soybean ending stocks are forecast at 530 million bushels, which is at the lower…Grains Mixed, Livestock Higher at Close
Published May 10, 2018
Soybeans close slightly higher, while corn ended the day unchanged following the May USDA Supply and Demand Report. RML Trading market analyst Terry Fichtner explains the closing numbers.A Boost for Spring Wheat, Oats in SD
Published May 7, 2018
South Dakota farmers are getting the spring wheat crop in the ground. Farmers have 51 percent of the spring wheat crop planted, with six percent of the crop emerged, which is well behind last year. USDA’s National Ag Statistics Service…Potatoes, Sugarbeet Planting Improves in MN
Published May 7, 2018
Warm and dry weather conditions across Minnesota encourages fieldwork. Farmers are applying anhydrous and dry fertilizer, tilling the field and planting small grains, potatoes and sugarbeets. USDA’s National Ag Statistics Service says half of Minnesota’s sugarbeet crop is planted. Twenty-eight…Sugarbeets, Spring Wheat Planting Progress in ND
Published May 7, 2018
North Dakota farmers are making planting progress. The U.S. Department of Agriculture’s National Ag Statistics Service says 20 percent of the spring wheat crop is planted, which is behind last year’s 41 percent complete and the average. Seven percent of durum…