The 2015 corn planted area for all purposes is estimated at 88.9 million acres, down 2 percent from last year. This represents the lowest planted acreage in the United States since 2010. Growers expect to harvest 81.1 million acres for grain, down 2 percent from last year. Farmers responding to the survey indicated that 98 percent of the intended corn acreage had been planted at the time of the interview, the same as the 10-year average.
The July weather outlook from the National Weather Service Climate Prediction Center suggests a large portion of the U.S. could have cooler-than-average temperatures and higher-than-average rainfall.
To go with that, the center does not forecast any drought development in the bulk of the U.S. for July and possibly beyond. However, the West Coast and California in particular appear to remain in drought weather and conditions.
JBS SA, the world's largest meat packer, is buying Cargill Inc's U.S. pork business for $1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat companies in the United States.
By Michigan State University Extension, Madonna Benjamin, Scott Kramer, Tina Conklin, Beth Ferry, Thomas Guthrie, and Gerald May
When dealing with the difficult but necessary task of euthanasia, it is very important, that managers create a barn culture where the stockpersons feel comfortable voicing their attitudes and those who are unwilling to perform euthanasia procedures on pigs should not be forced to do so.
The Texas Commission on Environmental Quality approved an emergency order Wednesday that will keep Lower Colorado River water from being released downstream to farmers. The no release stays in effect until Oct. 15, according to media reports.
The grain markets are mostly lower early Thursday morning ahead of the 4th of July holiday weekend. The agricultural markets will be closed on Friday July 3rd. Corn futures are softer after an eventful week capping off a quarter where nearby corn hit a high of $4.15 on Tuesday and a low of $3.48 on June 15th. The last time corn got that low was October 2014. In May 2014 nearby corn was trading in the 530 range. Volatility has remained a constant as supply and demand factors are ever changing. The US Dollar Index is down .05 to 96.26.