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Jul 18, 2024 | 
farmprogress.com | Jacqueline Holland
In the latest round of April export data published by the U.S. Census Bureau — USDA’s preferred export metric — corn volumes and revenues popped back up from 2022-23 lows, which echoed slumps during the trade war era. And both metrics were the 17th-largest monthly totals on record — not too shabby, though still below peaks from 2021-22 and 2020-21. Peak corn export season tapers off in late June.
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Jun 18, 2024 | 
farmprogress.com | Jacqueline Holland
Though many of you may not have heard about it at the farm level this spring as you anticipate tightening budgets for your farm’s upcoming 2024/25 marketing year, USDA’s National Agricultural Statistics Service caused an outcry from the data user community when it announced that a series of reports would be ended in the coming year due to budgetary constraints earlier this spring.
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Jun 18, 2024 | 
farmprogress.com | Chris Torres |Jacqueline Holland
The 2022 Census of Agriculture, published by USDA’s National Agricultural Statistics Service, points to a continuation of consolidation trends that have persisted across the heartland over the past couple decades: Farm numbers are shrinking, but farm sizes are growing larger. In 2022, USDA reported 1.9 million farms in the U.S., down 7% from five years prior.
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Jun 12, 2024 | 
farmprogress.com | Ben Potter |Jacqueline Holland
Getty Images/Leonid SorokinThe June 2024 World Agricultural Supply and Demand Estimates did not offer a lot of help to grain markets on Wednesday afternoon, particularly to wheat markets that were already trading at a loss ahead of the report’s release.
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Jun 7, 2024 | 
farmprogress.com | Jacqueline Holland
Winter wheat harvest is kicking off across the U.S. Heartland and will ramping up across the entire Northern Hemisphere over the next month. Over the past several years, high wheat prices have given U.S wheat producers peace of mind at harvest, even though yields may have been lacking. But will that be the case this summer? Between February and late April of this year, it appeared that wheat prices were on track to fall back to pre-pandemic levels.
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Jun 7, 2024 | 
farmprogress.com | Joshua Baethge |Jacqueline Holland
The possibility of Donald Trump returning to the Oval Office has elicited plenty of concern over how his trade policies will affect American agriculture. You may recall the former president imposed steep tariffs on China and other nations during his term. According to a USDA report, those tariffs cost U.S. ag producers approximately $27 billion in lost exports between 2018 and 2019. Approximately 95% of those losses were due to the resulting trade war with China.
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May 17, 2024 | 
farmprogress.com | Jacqueline Holland
Mother Nature has not been the most cooperative with U.S. farmers this spring. And as that optimal planting window begins to narrow and yield worries increase, more market focus is turning to USDA’s national corn yield estimate. Most farmers who are fully planted – and even more who aren’t quite finished – are beginning to look at the probabilities of where that final corn yield estimate will end up.
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May 10, 2024 | 
farmprogress.com | Ben Potter |Jacqueline Holland
Getty Images/bariskaradenizThe May World Agricultural Supply and Demand Estimates report is one of the biggest reports USDA publishes throughout the year. It provides a first look at new crop marketing year production, supplies, and usage estimates, updated U.S. winter wheat production estimates, as well as usage revisions for domestic balance sheets and modifications to South American crops currently being harvested.
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May 9, 2024 | 
farmprogress.com | Jacqueline Holland
Author’s note: You can participate in the Feedback from the Field series as frequently as you like throughout the growing season! Questions have been updated to reflect current crop conditions. If you’d like to share your insights, click this link to take the survey and share updates about your farm’s spring progress.
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May 8, 2024 | 
farmprogress.com | Jacqueline Holland
For months now, the world has been bracing for larger wheat supplies to be produced as part of the 2024/25 wheat marketing year, which is slated to begin on June 1. The world was finally moving on from El Niño, the Black Sea figured out how to continue shipping wheat amidst ongoing turmoil, and South American production had been revived following a multi-year drought.
