We might have to reduce corn acres in the U.S. in 2013 because of a potential planting seed shortage.
Seed was very tight in 2012 because of the big increase in planted acres from 91.9 million in 2011 to 96.4 million 2012; The U.S. corn yield has plunged all the way down to 123.4 bushels per acre from early estimates of 166 bushels per acre or even higher; Seed corn yields will also likely be sharply lower than expected, even though up to 50 percent of the corn seed acres are irrigated and seed companies did increase seed acreage this year; There is reportedly little room to increase seed production in South America this winter.
Much of the seed corn acreage will be harvested in the next several weeks. Seed companies will have a...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
