Page 64 - Crop Progress News Today

MORE As I reported last week, the Agriculture Department raised its estimate on 2021 milk production in its latest World Agricultural Supply and Demand Estimates (WASDE) report issued April 9, based “primarily on increased cow numbers.” Projected Class III and Class IV milk prices were also raised. The 2020/21 U.S. corn outlook was for greater feed and residual use, increased corn used for ethanol production, larger exports, and lower ending stocks.  The feed and residual use proje...

Corn surges past $7/bushel, soybeans brush $16/bushel.

scyther5/Thinkstock Corn, wheat start the week on a bullish note. (Comments are updated by 7:30 a.m. Central Time.) Chinese demand and weather woes continue to fuel rallies Corn up 7-15 cents Wheat up 14-18 cents Corn Corn prices are on a tear again this week, with dry weather in Brazil and planting delays in the U.S. raising concerns about global supplies in the overnight trading session. Old crop prices rose $0.13-$0.15/bushel on steady demand from China, while new c...

Iowa farmers had 4.7 suitable days for fieldwork last week, according to the latest Crop Progress and Conditions report from the USDA National Agricultural Statistics Service. Field activities last week included applying anhydrous and dry fertilizer, spreading manure, tilling fields, and planting. Most Iowa farmers continue to wait for warmer temperatures, though 4% of the state’s corn crop has been planted. Nearly two-thirds of Iowa’s expected oat crop has been planted, five days ahead of...

Crop Progress Wheat The Crop Progress Report from the National Ag Statistics Service says snow and rain slowed fieldwork in areas since the last report. Northeastern counties received snow with good moisture content, boosting soil moisture supplies. Winter wheat development was behind in some areas. More moisture is needed going forward to build soil moisture profiles. Madison Andersen is Communications Coordinator at the Colorado Wheat Administrative Committee. Andersen: “We’re thankful fo...

NEBRASKA CROP PROGRESS AND CONDITION For the week ending April 18, 2021, there were 4.6 days suitable for fieldwork, according to the USDA’s National Agricultural Statistics Service. Topsoil moisture supplies rated 4% very short, 15% short, 77% adequate, and 4% surplus. Subsoil moisture supplies rated 5% very short, 28% short, 65% adequate, and 2% surplus. Field Crops Report: Corn planted was 2%, equal to last year, and near 4% for the five-year average. Winter wheat condition rated 5% very p...

Soybeans rise on export prospects, planting delays Corn up 4-6 cents Wheat up 4-6 cents Corn Corn prices continued a two-day winning streak this morning as cold and wet weather stalled planting progress in the greater Midwest again, raising yield concerns about plants already in the ground and reduced acreage potential for the 2021 crop. The worries sent May 2021 futures prices on the Chicago Board of Trade to $5.98/bushel, nearing the crucial $6/bushel benchmark. Tightening supplies from China...

Soybeans, wheat follow gains on weakening dollar, weather concerns Corn up 6-8 cents Wheat up 3-6 cents Corn Cold weather concerns are beginning to take a more significant toll on corn acreage potential this spring, as Chicago corn prices rallied $0.06-$0.08/bushel higher on planting delays. Planting season is still in its early days, but farmers could begin switching to soybean acreage if the delays continue. May 2021 corn prices hovered around $5.9375/bushel – still below the $6/bushel benc...

While wheat and corn are finding strength, soybeans continue to struggle. Written By: Randy Martinson | × Erin Ehnle Brown / Grand Vale Creative LLC The grains started the week off mixed with wheat and corn higher while soybeans continued to struggle. The April 9 U.S. Department of Agriculture Crop Production report continued to influence the market early in the week. The report was neutral to negative wheat. The U.S. numbers were negative with USDA increasing U.S. stocks more...

Weather woes continue to plague wheat complex Corn up 4-5 cents Wheat up 4-5 cents Editor’s Note: Our 2021 series is now live! Farmers can see how crop conditions are progressing across the United States. Want to share crop conditions from your corner of the world? Click here for the survey link. As soon as responses come in, they will be added to Farm Futures’ Google MyMap at this link. We can’t wait to hear from you! Corn Corn prices matched July 2013 highs in the overnight trading ses...