If crop insurance is a target, no one in Washington has figured out how to hit it, nor is anyone likely to stop trying.
This week, the USDA held its annual Ag Outlook Forum in Arlington, Virginia and released its first crop balance sheet projections for 2016. What did the USDA's data say? More corn than ever, lower farm exports, low crop prices, and potential for consolidat
The third year in a row of low farm income will intensify financial strain on producers and could lead to some agricultural consolidation, said economist Nathan Kauffman of the Kansas City Federal Reserve Bank. "2016 is a critical year," he said, for opera
WASHINGTON - U.S. farmers will harvest 13.825 billion bushels of corn and 3.810 billion bushels of soybeans - the third-largest crops ever for corn and soybeans - pushing U.S. supplies to record levels and continuing the decline in commodity prices for a fourth year, said the Agriculture Department on Friday.
The corn crop would be 2 percent larger than last year and soybeans 3 percent smaller.
U.S. farmers will grow their second-largest corn crop and the third-largest soybean crop ever and see the lowest corn, soybean and wheat prices in a decade when they market them, the Agriculture Department projected at its annual Outlook Forum.
U.S. farm exports will tumble to $125 billion this year, down 10% from 2015 and the lowest sales total since 2010, USDA said in an updated forecast. Smaller sales to China accounts for one-third of the estimated decline of $14.7 billion in U.S. exports fro
With the soybean harvest getting under way in Brazil, analysts are getting a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tonnes despite hot and dry weather in Mato Grosso and northeastern Brazil as p
Wholesale gasoline prices dropped to around $1 a gallon (the lowest price in more than a decade) last month, as crude oil prices continued to slide lower. Gasoline prices have fallen so precipitously that they have run below the price of corn ethanol, ord
A continuing decline in crop and livestock prices will pull down U.S. farm income for the third year in a row but this year’s decline will be a modest 2% or 3%, said a USDA forecast.