ICYMI farm news highlights | Monday, December 6, 2021
Between holiday festivities and wrapping up outdoor projects before winter sets in, it’s easy to lose track of the news this time of year. In case you missed it, here are a few of last week’s top headlines.
Crop Market News
Looking ahead to 2022, the list of factors that will shape the corn market is not short. In fact, several experts interviewed by Successful Farming had a hard time listing just a few. Take a look at what analysts and economists say about production costs, acreage estimates, and China in this article from Mike McGinnis.
Despite high fertilizer costs, University of Illinois economist Scott Irwin estimates an increase in corn acreage for the 2022 growing season. During a webinar, Irwin estimated corn would account for 2.7 million acres of an overall increase of 7 million acres in crops next year.
North and South America weather news for agriculture
Dry conditions across southern Brazil and Argentina will threaten early-planted crops with some yield loss concerns, according to WeatherTrends360. Most of the soybeans are in the ground across Brazil and soil moisture will need to be replenished to aid in germination.
The U.S. Drought Monitor Report, released Thursday, indicated dry conditions expanded and intensified in parts of the southern to central Rockies, Great Plains, Lower to Mid-Mississippi Valley, Southeast, and Mid-Atlantic states, as well as Puerto Rico.
Farm Machinery News
A brown 1978 Ford Bronco was sold at auction late last week. Ryan Roossinck of TractorZoom notes, “the market for Broncos, Blazers, and Ram Chargers is absolutely white-hot right now. If you have one of these trucks sitting around in the barn and it’s relatively clean, air up the tires, put some gas in it, and take it for a drive on a Friday or Saturday night.” You just might catch the attention of someone looking to buy, he says.
- READ MORE: 1978 Ford Bronco: Freewheelin’ in Florida
Bobcat recently introduced two new models of compact wheel loaders designed for the agriculture and construction markets. List price for a base L65 is $70,679. The L85 starts at $83,812. These machines are built in Dobris, Czech Republic, and started to become available on U.S. dealer lots mid-October 2021.