Henry Kinnucan and Brittney Goodrich, agricultural economists in Auburn University’s College of Agriculture, comment on the heavy rain and floods affecting U.S. corn farmers, especially in the Midwest, who face delayed planting. Consumers also face rising grocery and ethanol...
Mark Welch, Texas A&M AgriLife Extension economist, College Station, says the U.S. Department of Agriculture’s recently released report shows national corn supplies carried over from 2018 were lower than expected. The U.S. typically carries 15-20 percent of the national...
As planning for planting 2019 begins in earnest, Mark Welch, Texas A&M Ag Extension economist, offers the following Market Grain Outlook report.
Grain Stocks
The most recent crop progress report showed no changes to the condition ratings of the U.S. corn...
Global carryover has reached the lowest estimated days-of-use on hand at 69.4 since 2013’s carryover of a 67.2-day supply, says Mark Welch, Texas A&M agricultural Extension economist, in his most recent Market Grain Outlook. His report on corn and...
In his most recent Market Grain Outlook, Mark Welch, Texas A&M agricultural Extension economist, says The Office of the Chief Economist at USDA estimates that for corn, the projection is for planted acres of 91.0 million next year, up...
This was another year of record crop production in corn. But as usual, a big crop means that producers can expect lower prices the next year. That is the message from ag economists across the country, including Clemson agricultural...
Market Overview:
Corn stocks at 2.29 billion bushels
Farm-stored stocks up 25 percent from a year earlier
Off-farm stocks up 36 percent from a year ago
China announces plan to blend 10 percent ethanol into fuel supply
As corn harvest winds down, Mark Welch,...
Mark Welch, Texas A&M ag Extension economist says in his mid-January Market Grain Outlook, that USDA has made only minor changes to the U.S. and world corn supply and demand balance sheets in their first World Agricultural Supply and...
