This is the 30th anniversary of the Conservation Reserve Program (CRP), which was created in the 1985 Farm Bill, and enrollment was the most selective in its history.USDA announced the results of the Conservation Reserve Program (CRP) general sign-up that was open 1 December 2015- 26 February 2016. There were 23.7 million acres enrolled at the end of that period, according to the Farm Services Agency. Details are noted below:
General CRP (10-year contracts):16.92 million acres Continuous Enrollment: 5.23 million acres Conservation Reserve Enhancement Program: 1.16 million acres Farmable Wetlands: 387.8
The contracts on 1.7 million acres are set to expire 30 September 2016. Listed below are the top states with such acres:This is the...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
