Latest News From Yield

After two months of a waning outlook on the ag economy, economists views took a turn in the November Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the country.

With heat forecast to top 100 degrees in places, combined with the expectation for little to no rain, crop conditions could deteriorate and the biggest risk in the western and central Corn Belt.

The July Ag Economists' Monthly Monitor showed several key changes from June including a bigger cut to corn and soybean yields, a drop in corn and soybean prices and more bullish cattle and hog prices.

USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.

Wednesday's interest rate decision broke a streak of 10 straight meetings where the Fed announced higher rates. Officials say another half-a-percentage-point hike is likely yet this year.

Dry conditions spurred by La Nina weighed on areas of the Corn Belt in 2022. As La Nina fades, and El Nino starts to make a return, meteorologists say the weather shift could also signal better crop production in 2023.

According to Secretary Vilsack, these efforts will “increase the competitive advantage of U.S. agriculture both domestically and internationally,” while building wealth in rural America.

USDA's July WASDE report shows just how brutal the drought has been this year. Cotton abandonment is now forecast to be the third highest on record at 31.5%. USDA forecasts the U.S. cotton crop to fall 1 million bales.

As the 2020 harvest comes to a close, it’s a year marked with unknowns, but with government payments combined with improving commodity prices, the net farm income picture is looking brighter.

Research at the W.H. Miner Agricultural Research Institute in New York shows planting corn into a growing stand of winter rye can reduce silage yield of the subsequent corn crop.