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For the Horas, not much field work has danced across their Iowa soils so far. They planted a few acres this past weekend, but fieldwork has been minimal due to the cold and wet conditions this year.
USDA’s weekly Crop Progress Report started tallying soybean planting progress. In the first report of the year to include soybeans, USDA showed 3% of the soybean crop is planted, one point ahead of average.
Farmers in 17 states who have used no-till, strip till and cover crops in the past nine years could be eligible to benefit.
Commodity prices jumped even higher to start the week, with May corn futures topping $6 again Tuesday. Farmers are reporting local elevators posting new crop corn bids over $5, as well. What’s driving the momentum?
President Biden continues to affirm the administration’s focus on climate. A key USDA nomination this week showcased just how important of a role agriculture will play when it comes to the environment.
Global commodity prices are expected to stay firm around current levels in 2021 after recovering in the first quarter buoyed by strong economic growth, the World Bank said on Tuesday.