U.S. Department of Agriculture
COP28’s decision to not include food and agriculture as a way to meet climate goals was influenced by a request from the G77 group of developing countries for additional review related to agriculture and food.
Despite weather concerns sprouting in Brazil, USDA didn’t make any major adjustments to the South American crop in Friday’s reports. Increased demand from China and Mexico prompted USDA to trim U.S. ending stocks.
According to USDA’s final crop progress report of the season, 96% of corn has been harvested — a 3% increase from last week.
According to USDA’s crop progress report, 93% of corn has been harvested so far – an increase 5% from this time last week.
According to USDA’s crop progress report, 88% of corn and 95% of soybeans have been harvested so far.
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USDA upped its corn yield estimate by nearly 2 bu. to a 174.9 bu. per acre national yield. The agency also increased its demand estimate, which softened the potential blow of such a big jump in production.
According to USDA’s crop progress report, 81% of corn and 91% of soybeans have been harvested so far.
According to USDA’s crop progress report, 71% of corn and 85% of soybeans have been harvested so far, which is considerably ahead of the five-year average.
According to USDA’s crop progress report, 59% of corn and 76% of soybeans have been harvested so far.
The shift to El Nino brings several changes to the upcoming winter.
USDA has allocated more than $1.77 billion this year to agricultural producers and landowners through CRP. Since 2021, the CRP has witnessed a 21% increase in enrolled acres.
According to USDA’s crop progress report, 45% of corn and 62% of soybeans have been harvested so far this year.
Two organizations share why we may see a decline in cash rent values in 2024.
Harvest progress on soybeans nearly doubled from last week and corn progress is ahead of the five-year average.
Nearly a quarter of corn and soybeans have been harvested for 2023.
USDA’s weekly crop progress report shows harvest progress slightly behind average for corn and soybeans.
The price rally that started in the fall of 2020 definitely attracted more corn acres in 2021. That was confirmed in USDA’s June Acreage report.
USDA looks to improve the future measure, monitoring, reporting and verification of ag climate emissions via a $300 million investment announced on Wednesday.
The biggest surprises included a 4-bu. reduction in corn yield and soybean ending stocks came in at 300 million bushels, which is 100 million bushels higher than trade estimates.
Even with rains sweeping the Northern Corn Belt last weekend, the latest drought monitor shows drought continues to spread across Illinois with D2 (Severe Drought) taking a 28-point jump in a week.
Despite weekend rains sweeping the northern Corn Belt, corn and soybean conditions sit at the second-lowest level in history. Sizable declines hit key areas of the Corn Belt as corn enters a critical time for production.
The USDA and NASA are doubling down on agency collaborations that will improve agricultural research and data application, along with fostering the next generation of science and agriculture leaders.
According to USDA, Russian-speaking hackers are the likely suspects. The Office of Personnel Management and two organizations within the Department of Energy also were apparently targeted or breached.
CRISPR results are identical to results of conventional breeding, and it’s nearly impossible to differentiate from conventional vs CRISPR. The breeding tool is also having an impact on the apprehension of GMOs.
The Inflation Reduction Act is the most significant climate legislation ever enacted. The package includes more than $19 billion to support USDA conservation programs, but the money won’t last forever.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Rural electric cooperatives, utilities and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded by the $430 billion Inflation Reduction Act.
The May WASDE report is the first look at the new crop balance sheets. As old crop demand continues to be an area of concern, the trade was watching to see how aggressive USDA would be with new crop supply and demand.
Lenders In the hearing seemed to agree on a boost to lending limits in USDA guaranteed loans as lawmakers ready for the next farm bill.
The bipartisan bill sponsors say this will address a shortage of TSPs who work with farmers to adopt conservation practices via USDA-NRCS programs, and this legislation will build on the framework of the 2023 Farm Bill.