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Corn, soybean markets climb after 2021 USDA planting intentions report

corn planting

• By Ryan McGeeney • As world markets slowly unfurl from the global knot of the COVID-19 pandemic, futures markets for both soybean and corn responded in a powerfully positive manner March 31 to the U.S. Department of Agriculture’s annual Prospective Plantings Report. The report, conducted by the USDA’s National Agricultural Statistics Service, reflects producers’ intended acreage for crops across ... Read More »

USDA: Planted corn acres to climb less than 1% in 2021

corn planting

The U.S. Department of Agriculture’s National Agricultural Statistics Service estimates the nation’s growers will plant 91.1 million acres of corn in 2021, less than 1% more than they did in 2020. Compared with last year, planted acreage is expected to be up or unchanged in 24 of the 48 estimating states. Record high acreage is expected in Idaho and Oregon. ... Read More »

2020 proved a surprisingly steady year for most Arkansas crops

2020 usda crop map

• By Ryan McGeeney • Despite a year dominated by major weather systems run amuck and a global pandemic, most of Arkansas’ major crops came out ahead in 2020, according to a Jan. 12 report from the U.S. Department of Agriculture. Overall, Arkansas growers harvested about 6.74 million acres of commodity crops in 2020, not including fruits and other specialty ... Read More »

MSU focus group sessions pinpoint farming stressors

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Researchers from the Mississippi State University Extension Service are looking to collect row-crop farmers’ feedback on stress related to farming. The focus group sessions are part of the MSU Extension opioid prevention campaign PReventing Opioid Misuse In the SouthEast, or the PROMISE Initiative. Participation involves answering a series of questions about farming, stress related to farming and the opioid epidemic. ... Read More »

Outlook For U.S. Agricultural Trade

ship, bay bridge

According to the U. S. Department of Agriculture Economic Research Service and Foreign Agricultural Service in their November trade report, U.S. agricultural exports in Fiscal Year 2021 are projected at $152 billion, driven by higher soybean and corn export values. The projection for soybean exports is a record $26.3 billion due to higher unit values, strong demand from China and ... Read More »

USDA: Arkansas corn, cotton acres fall; rice and soybean acres increase

Arkansas corn harvest

A global health crisis and its attendant economic impacts, unusually wet weather and an ongoing trade dispute with China had a discouraging effect on Arkansas growers’ acreage decisions for some key crops in 2020, even as farmers went all in on others. The U.S. Department of Agriculture’s National Agricultural Statistics Service released its annual Acreage report Tuesday, revealing planting decisions ... Read More »

NCGA tabs COVID-19-related revenue loss at $50 per acre

coronavirus

Analysis released recently by the National Corn Growers Association showed cash corn prices have declined by 16% on average, with several regions experiencing declines of more than 20%, since March 1 as a result of the COVID-19 pandemic. The analysis projects a $50 per-acre revenue decline for the 2019 corn crop. “The COVID-19 pandemic is being felt across all sectors ... Read More »

Biodegradable Spray Helps Battle Crop Pathogens

aflatoxin control

A new sprayable bioplastic — made of cornstarch and other natural ingredients — offers a potentially effective method for delivering beneficial microbes to fight aflatoxin and other agricultural pathogens and pests. Aflatoxin is a highly toxic substance produced by many species of Aspergillus fungi. Annual losses are estimated at more than $200 million for corn. The U.S. Food and Drug ... Read More »

USDA plans to issue 3rd round of MFP payments

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The U.S. Department of Agriculture plans to issue the third and final round of 2019 Market Facilitation Program payments aimed at assisting farmers suffering from damage due to trade retaliation by foreign nations. The payments will begin to show up in farmers’ bank accounts by the end of this week. “It’s been a great start to 2020 for American agriculture with ... Read More »

USDA Releases County-By-County MFP Payment Information

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The U.S. Department of Agriculture has released a county Market Facilitation Program payment schedule for growers with commodities that have been affected by foreign retaliatory tariffs. The assistance covers specialty crops, non-specialty crops, dairy and hogs. The rates range from $15 to $150 per acre, depending on the impact the tariffs have had on that particular county. They are the ... Read More »