June WASDE report @ 11am today.
Average Estimate
Corn- Old Crop 1.389 bil bu New crop- 1.802 bil bu
Beans-Old Crop 355 mil bu New Crop-304 mil bu
Wheat-Old Crop 844 mil bu New Crop- 919 mill bu
Prospective Planting and Quarterly Stock Results 3/28
Corn Acres- 90.0 mil (-1.8 mil)
Bean Acres- 86.5 mil (unchanged)
Wheat Acres- 47.5 mil (+0.2 mil)
Corn Stocks- 8.347 bil bu (-0.8 bil )
Bean Stocks- 1.845 bil bu (+0.017 bil)
Wheat Stocks- 1.087 bil bu(+0.043 bil)
Results from USDA’s highly anticipated “2022 Census of Agriculture” show the trends of fewer farms and farmland, aging farmers, and climbing expenses remain intact.
In 2022, a little over 3.37 million producers operated 1.90 million farms covering 880.1 million acres. That compares to just under 3.40 million producers on 2.04 million farms and more than 900 million acres in 2017.
We are having a marketing meeting on Feb. 15th in Appleton, MN @ Shooters Bar & Grill. Please RVSP by Thursday Feb. 8th. Give us a call if you have any questions. Hope to see you there!
Nominate your fire department to win a grain bin rescue tube and training from Nationwide. The deadline is April 30th.
What you can win:
One (1) grain rescue tube
One (1) six-hour grain entrapment rescue training session, at winner’s location.
https://t.co/fcqOzUgIDQ
Notice:
Friday Dec. 29th
All locations will not be receiving grain after 1pm on Friday. Also, no grain checks or purchases can be made after 1pm. This will allow us to start our year end process.
Look how USA's production dominance in #soybeans has slipped throughout the decades, increasingly losing ground to South America. USA is currently slated to account for 28% of global soybean output in 2023/24.
🇧🇷This is what the monthly precipitation chart would look like for Mato Grosso, #Brazil's crop-heavy north region using Tuesday's GFS rainfall forecast to project December. That only goes thru Dec. 27, so 4 extra days of possible precip aren't included, but you get the point.