What You Need to Know Today:
Day three of the Pro Farmer Crop Tour found corn yield potential below last year in both Illinois and western Iowa.
Illinois corn yields averaged 184.2 bushels/acre, down from 199.6 bushels/acre last year and the 199.2 bushels/acre three-year average, while western Iowa yields ranged from 189.7 to 191.8 bushels/acre, compared with 195.0 to 207.3 bushels/acre last year. Illinois soybean pod counts averaged 1,430 per square yard, below 1,479 last year but above the three-year average of 1,390, while western Iowa pod counts ranged from 1,269 to 1,558, compared with 1,279 to 1,563 last year.
December corn moved above $5.00/bushel and came within ¼ cent of a new 2026 high. European corn futures also reache...
The USDA’s Foreign Agricultural Service (FAS) projects China’s chicken imports to drop by 33 percent this year and another 15 percent next year, as domestic production outpaces growing consumption and the country’s own exports surge. In its annual report on the Chinese poultry...
Key Takeaways: $13 billion in new U.S. dairy processing investment is moving across the sector, led by cheese ($3.2 billion), milk and cream ($2.9 billion), and yogurt and cultured dairy ($2.8 billion), with butter-powder capacity ($1.6 billion) and ice cream ($530 million) rounding out the bu...