USDA officials are considering how or if to change the Department’s crop progress reporting schedule following expansion of trading hours by major commodity exchanges. ...More
If U.S. farmers believe commodity prices will stay strong for the next five years, the Senate’s farm bill proposal could be a good choice, say Texas AgriLife Extension economists....More
In a letter to the chairman of the Commodity Futures Trading Commission, the National Corn Growers Association has requested a 30-day public comment period before the grain traders are allowed 22-hour-per-day electronic trading of grain and oilseed futures contracts....More
The USDA’s projections of U.S. and world corn and feed grain supply-and-demand conditions presented in the May World Agricultural Supply and Demand Estimates (WASDE) report set the benchmark by which the corn market will judge unfolding events....More
The latest report from the U.S. Department of Agriculture estimates that U.S. soybean supplies could be at their lowest level relative to use since 1965 following the 2012-2013 cropping year....More
There are going to be more soybeans grown across the United States this year, but that increase will be dwarfed by the amount of soybeans that will be used and exported....More