As drought deteriorates across the U.S., it's a positive signal for growing a big crop in 2024. And analysts say if weather continues to fuel this year's crop, December corn futures could fall into the $3 range by fall.
The growing season has been far from perfect, but a northeast pocket in the Corn Belt just might be the garden spot for corn thanks to strong stands and a steady stream of rain in July.
Steven Ebeling admits farming in West Texas is never easy, but 2022 has been a brutal blow with the majority of the dryland acres already counted as a total loss, and irrigated acres are now struggling to survive.
Warning signs about the health of the general economy are blaring, but Farmer Mac's summer issue of “The Feed” shows why ag lenders are in a better financial position to help farmers weather the higher costs.
From drought to fooding, farm fields outside of St. Louis are proof too much rain isn't a good thing, especially when it falls in only hours. As much as 14.1 inches of rain fell in some locations triggering flooding.
From drought to flooding, farm fields outside of St. Louis are proof too much rain isn't a good thing, especially when it falls in only hours. As much as 14.1 inches of rain fell in some locations triggering flooding.
Arkansas farmer Matt Miles has seen how planting dates can not only help improve yield but also his battle against pests. Staying ahead of potential pest problems has proven to be the best line of defense.
Nearly 57% of Texas is in extreme drought, and with the most severe level of it parked over West Texas and the Texas Panhandle, the drought is starting to rob even irrigated fields of a crop.
USDA meteorologist Brad Rippey is concerned about the impact this week's high heat could have on corn production as the majority of the crop was planted late. The August forecasts are also concerning for soybeans.
A potential stoppage on the nation's railways this fall is spurring concern, even after President Biden signed an executive order Sunday to keep U.S. rail traffic on track and the collective bargaining process going.
As a Sunday deadline loomed, Biden signed an executive order to create a Presidential Emergency Board (PEB). The move was an essential step in keeping the collective bargaining process on track and railways operating.
Dick and Carolee Ourada are driving a 1977 IH 574 from Nebraska to Alaska to raise money for Colorado Children's Hospital. The couple explains why the "Tractor Trip for Kids" is driven by passion and purpose.
Triple digit heat blankets the Southwest this week, and forecasters expect the ridge of high pressure to park over the western Corn Belt next week. AccuWeather projects U.S. corn production could be severely impacted.
As labor negotiations continue between the railroads and unions, laborers voted to go on strike Monday unless President Biden intervenes. A potential strike would put additional strain on the fragile U.S. rail system.
The July WASDE report from USDA shows while soybean production this year is expected to fall due to fewer soybean acres planted across the U.S., USDA is also forecasting a drop in exports.
There were no major surprises in USDA’s latest WASDE report. USDA didn't adjust U.S. corn or soybean yields in the July report, but cotton abandonment shows the brutal reality of this year's drought.
The core of the Corn Belt is forecast to see above normal temperatures and below normal rain next week, and it could hit as the crop is in prime pollination with 50% of U.S. corn planted in a two-week period in May.
With talk about a food shortage, U.S. farmers are focused on growing a large crop this year, despite challenges from Mother Nature. However, the truth is 90% of the corn growing across the U.S. isn't used for food.
Supply chain issues and concerns about sourcing inputs for the 2022 growing season prompted more farmers to try e-commerce for pricing inputs this year as FBN says their website saw an uptick in traffic and sales.
The start of summer also ushers in the steady rhythm of wheat harvest across the plains. What typically is picture-perfect setting of beauty from amber waves of grain is one that shows the scars of drought.
Heat seemed to be the focus of the markets this week. Two veteran market analysts say if this heat continues, and drought becomes an even larger concern, commodities could see a violent run-up in prices.
With drivers searching for the cheapest gas price possible, gasoline with higher blends of ethanol is seeing an uptick in demand as E85 is currently priced 30% to 40% less than E10.
Feedyards battled through the intense conditions to keep their cattle safe this week.
The heat and humidity proved devastating, and estimates point to western Kansas feedlots seeing losses of 100 to 500 head per day.
Record-breaking heat. Unprecedented flooding. Hail that proved to be devastating to corn fields in Nebraska. The extreme weather can all be attributed to a ridge of high pressure parked over the country.
Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.
Diesel prices hit $5.58 a gallon on Friday, smashing another record. With NOAA predicting an above-normal hurricane season, it could introduce more trouble for already short diesel supplies.
Feed costs are seeing volatile swings, even as hog prices trend higher. While the markets produce major whiplash for producers, margins on the farm show costs are increasing faster than returns.
Farmers in North Dakota are busy planting this weekend. But with water still standing in fields, there's the possibility of 1 million acres in prevent plant. Tommy Grisafi and Brian Splitt break down the markets.
Less than 50% of the continental U.S. is in moderate drought for the first time since November, but with another drought record still running strong, forecasts show drought could grow over the summer months.
Gas prices crushed another record to start June, and experts say there's no sign of a slowdown yet with $5 gas a strong possibility as the summer driving season pushes into high gear.
Even with the partial ban by the European Union, one industry expert says it's possible diesel prices will see a slight reprieve in the coming weeks; however, it won't come in the form of dollars.
From record-high gas and diesel prices on the road to a major spike in the price Americans paid for their Memorial Day weekend barbecue essentials, shoppers are seeing price spikes everywhere they go.
Soybean prices are up 7.4% since May 9, with prices surging again this week. The July soybean contract posted closes in the green four out of five days this week, kicking the week off with a 63¢t price jump.
After the slowest start to planting since 2013, farmers across the Midwest found a window to plant last week. However, farmers in the northern Corn Belt are still struggling, and it's a race against the calendar.
Despite USDA releasing a forecast for a record soybean crop for a second year in a row on Thursday, soybean prices skyrocketed Friday. USDA trimmed the national average corn yield, yet corn prices closed lower Friday.
Diesel prices hit historic highs this week. Due to increased demand and a drop in production, a diesel shortage may be looming as the largest diesel distribution hub in the U.S. is sitting on supplies at a 30-year low.
The latest USDA Crop Progress Report data shows planting is off to the slowest start in nine years with only 22% of the nation's corn crop planted as of Sunday, May 8. Soybean planting progress currently sits at 12%.
Busch Light and John Deere are teaming up for a special "For the Farmers" beer can. The beer will be sold across the Midwest May 16-July 3, and $1 from each sale will be be donated to Farm Rescue.
U.S. corn planting progress is off to its slowest start since 2013. With only 14% of the corn crop in the field as of May 1, Dan Basse of AgResource Company thinks a record U.S. corn yield is already off the table.
The April Ag Economy Barometer shows farmers’ concerns about crop inputs are overshadowing optimism surrounding commodity prices hitting decade-highs as some inputs are still in short supply as planting gets underway.
A state that battled widespread drought last spring has seen a nearly 180-degree turn around with weather recently, as a steady stream of moisture is preventing North Dakota farmers from planting so far this year.
Speculation over whether U.S. Secretary of Agriculture Tom Vilsack was arrested last week made its rounds on social media over the weekend, but USDA confirmed to Farm Journal the story is false.
Concerns over the world’s supply of grains and oilseeds are prompting the Biden administration to step in and encourage more production. Grain analysts say supplies of grains are tight due to the situation in Ukraine.
Farmers and ranchers have had to endure high winds for months. The powerful gusts haven’t just been annoying; it’s caused disasters across the U.S. High winds have been the culprit of wildfires and more.
North Dakota's weather took a sharp turn with a blizzard Easter week. With multiple blizzard making it though for ranchers, and then heavy rain that fell this past weekend, portions of North Dakota are seeing flooding.
CBOT soybean oil prices hit a record high after Indonesia announced it will effectively ban palm oil exports as of April 28. With no timeline in place, some question the motive and duration of the announced ban.
As planting gets underway for more farmers across the U.S., improving production practices continues to be top of mind. And now U.S. farmers are proof success in stewardship starts from the ground up.
Cooler than average temperatures, combined with rain and snow, have pushed many Midwest farmers' plans to plant back a few more weeks. The slow planting pace is impacting commodity prices, and it's not even May.
Cotton planting sits at 7% nationwide, on track with the average, and as drought blankets the home of what’s known as the largest cotton patch in the country, dwindling crop outlooks are feeding cotton prices.
Food prices continue to climb across the board. According to the latest Consumer Price Index, increasing grocery prices account for the largest share of the hike. However, shoppers don't view prices as high.
70 MPH winds swarmed West Texas and the Panhandle Tuesday. It may be the final nail for irrigated winter wheat that was already barely hanging on. The aftermath was evident, with drifts of dirt piled up in ditches.