Archive for July, 2021

It was just over a 100 years that the sun slowly began rising on a new technology that was destined to transform US agriculture. While it would take a few decades for crop hybridization to take hold, the innovation ultimately would utterly transform crop plantings and play a pivotal role in the ascendance of corn as “king” of US agriculture.

For the last 40 years, this transformation has relegated wheat further and further from its former central position in the farm ...

WASHINGTON, DC, US — The US Department of Agriculture in its annual June 30 Acreage report estimated US corn and wheat planted area below the average of trade expectations, while total wheat area was above the trade average. Futures prices for all three commodities shot higher after the 12:00 Eastern Daylight Time release of the report, including daily limit gains for corn futures.

Meanwhile, estimates of June 1 corn, soybean and wheat stocks, released at the same time in the USDA’s ...

DENVER, COLORADO, US — Since mid-2020 China has purchased large amounts of US grain to due to a jump in feed demand, strong currency and less availability from Brazil. China’s need for grains is expected to continue but the country’s purchasing plan seems to be changing, according to a CoBank Knowledge Exchange report.

Continued pork production is expected to fuel China’s demand for feed and purchase of US grains but the current US grain prices have become volatile, and China is ...