Corn futures are trading with 2 to 5 cent gains on Friday, in a seemingly reluctant (compared to other grains) pop into the weekend. The front month CmdtyView national average Cash Corn price is up a nickel at $4.20. Crude oil is backing off the overnight highs, with gains of...
The USDA made modest adjustments to domestic ending stocks projections for grains and oilseeds. Old crop corn ending stocks were down 50 million bushels from May at 1.415 billion bushels due to an increased export guess, which also pulled new crop stocks 50 million bushels lower to 1.75 billion. The...
An extension crops educator is encouraged with how Minnesota crops are rebounding from May weather challenges. Dave Nicolai with the University of Minnesota says corn, soybeans, small grains and sugarbeets endured abnormally warm conditions in early May, followed by cool, wet weather. “The corn looked and appeared very yellow, probably...
A small grains breeder at the University of Illinois says new studies show investment into wheat research is paying off. Dr. Jessica Rutkoski says modern wheat varieties are improving. “We’re every year getting better and better and through our breeding efforts the yield has been improving within our program by...
A small grains breeder at the University of Illinois says results from this year’s Illinois Wheat Association annual winter wheat tour are encouraging. “No news is good news. We didn’t really see anything out of the ordinary.” Dr. Jessica Rutkoski says despite weather challenges the tour of roughly 20 southern...
A new study from the National Corn Growers Association and the U.S. Grains Council shows ag exports contributed $28.96 billion to the U.S. economy in 2023. Gretchen Kuck is an economist with NCGA. “For every $1.00 in exports, you have $2.98 dollars in other business sales,” she says. “In addition,...