Agriculture News
USDA estimates 95.326 million corn acres will be planted this spring, nearly a million acres above the average pre-report estimate. Soybean and wheat plantings were slightly below expectations. March 1 corn stocks met analysts’ expectations, while wheat and bean stocks were slightly above.
Annual land pro survey find weakening for top-quality soils
Weekly corn, soybean and wheat sales each slid on the week, though exports were quite notable, with soybeans rising 56% from the previous week to 922,100 MT.
President Trump follows through with auto tariffs, escalating trade war.
Cash cattle prices posted a record high last week.
Semi-annual survey of land pros finds easing in decline of cropland values
Grain markets traded on both sides of unchanged overnight, with corn and soybeans favoring the upside early this morning while wheat is weaker.
Chicken breast meat stocks climb to a February record.
USDA projects a 57.6% surge in egg prices due to impacts from the outbreak of highly pathogenic avian influenza.
Corn and soybeans faced light selling pressure overnight, while wheat was mostly lower.
Pro Farmer’s acreage survey signals a lot more corn, fewer soybean acres.