Keith Good

Aug 7, 2023 | agfax.com | Keith Good |Additional Pieces |USA Rice

In its annual Agricultural Land Values report on Friday, the USDA’s National Agricultural Statistics Service (NASS) indicated that, “The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,080 per acre for 2023, up $280 per acre (7.4 percent) from 2022.” The NASS update added that, “The United States cropland value averaged $5,460 per acre, an increase of $410 per acre (8.1 percent) from the previous year.” And Friday’s update also...

Jan 31, 2023 | agfax.com | Keith Good |Wind farms

Bloomberg writers Tarso Veloso Ribeiro and Michael Hirtzer reported late last week that, “Global demand for corn will come back to the US in the coming months, according to Archer-Daniels-Midland Co., one of the world’s biggest crop traders. “China recently was buying record amounts of Brazilian corn but with supplies in South America now running thin demand will shift to the US through July when Brazil should start exporting a record safrinha crop.

Jan 30, 2023 | agfax.com | Keith Good |Wind farms

Emiko Terazono reported on Saturday at The Financial Times Online that, “Fertiliser and crop prices have fallen sharply since their peaks after last year’s Russian attack on Ukraine. “Food prices were already elevated before Russia’s full-scale invasion of Ukraine early last year, due to droughts and coronavirus pandemic-related hoarding by governments and businesses.

Jan 27, 2023 | agfax.com | Keith Good |Wind farms

The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, “China: Grain and Feed Update,” that, “Post forecasts MY2022/23 corn imports at 18 MMT, the same as USDA’s official estimate. “China currently holds contracts for 3.7 MMT of U.S. corn for delivery in MY2022/23, 70 percent less than the same time last year.