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New Crop Corn Improves Prospects for Pork Profits
2013-05-20 21:16:00| National Hog Farmer
By Steve Meyer, Paragon Economics, Inc., Adel, IA A dry week in the Midwest will likely be reflected in substantial, probably record-high, weekly planting progress report when those data are released this afternoon. That prospect has new crop corn futures trading near $5.15/bu. today and only four cents higher than the December contracts lifetime low of $5.11/bu. set June 15, 2012. That, of course, was about the time that last summers heat and lack of rainfall began to be a clear problem and prompting Dec 13 futures to go above $6.60/bu. by early September. Should good growing conditions prevail, $5/bu. corn will be high at harvest time. read more
Tags: profits
prospects
corn
crop
May 13 Crop Progress: Corn Nearly 1/3 Planted, Soybean Planting Lagging
2013-05-14 22:53:00| Corn & Soybean Digest
Farmers across corn-producing states made decent progress in the last week, going from 12% planted on May 5 to 28% of the overall corn crop planted by May 12. This is still well behind the five-year average of 65% planted. read more
Tags: progress
corn
crop
planting
May 13 Crop Progress: Corn Nearly 1/3 Planted, Soybean Planting Lagging
2013-05-14 22:53:00| Corn & Soybean Digest
Farmers across corn-producing states made decent progress in the last week, going from 12% planted on May 5 to 28% of the overall corn crop planted by May 12. This is still well behind the five-year average of 65% planted. read more
Tags: progress
corn
crop
planting
USDA: Record Corn Crop is Still Within Reach
2013-05-10 23:12:00| National Hog Farmer
Source: American Farm Bureau Federation The May World Agricultural Supply and Demand Estimates (WASDE) report released today by the Agriculture Department shows that a record corn crop is still reachable despite a slow start to planting season, according to American Farm Bureau Federation (AFBF) analysts. The report forecasts a corn yield of 158 bushels per acre, implying a record crop of 14.14 billion bushels, up 3.36 billion bushels from 2012 when much of the nation was overtaken by severe drought. The current record corn crop was produced in 2009 at 13.09 billion bushels. read more
Tags: within
record
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corn
May 6, 2013 Crop Progress Report: Corn 12% Planted, Soybean Planting Started
2013-05-07 21:08:00| Corn & Soybean Digest
Corn planting progressed a bit last week, moving up 7 points from the week before to 12% planted overall. The five-year average is 47% planted, and last year the overall corn planting progress was 69% at this time. North Carolina and Texas have the most corn in the ground at 89% and 70% completed so far, and slightly behind the five-year averages for each state. read more
Tags: report
started
progress
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