U.S. farmers enrolled 3.154 million acres of corn in the U.S. Department of Agriculture’s prevent plant crop subsidy program in 2022, a notable increase from 639,000 acres the year before.

#pfnews #corn

Export numbers today suggested a slightly pick-up in demand, but U.S. wheat remains uncompetitively prices on the global market.

Details: https://zcu.io/Wfou

#pfnews

Export numbers today suggested a slightly pick-up in demand, but U.S. wheat remains uncompetitively prices on the global market.

Details: https://zcu.io/Wfou

#pfnews

ICYMI - Some Brazilian Crushers Halt Operations
https://zcu.io/FQNz

#pfnews 👀👀👀

ICYMI - Some Brazilian Crushers Halt Operations
https://zcu.io/FQNz

#pfnews 👀👀👀

Despite rains on parts of the Plains, the drought footprint expanded across HRW wheat regions and now covers 64% of U.S. winter wheat area.
https://zcu.io/kRyC

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Despite rains on parts of the Plains, the drought footprint expanded across HRW wheat regions and now covers 64% of U.S. winter wheat area.
https://zcu.io/kRyC

#pfnews

Brazil Raises Bean Crop Estimate, Cuts Corn Production Peg

Details: https://zcu.io/5WQW

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Brazil Raises Bean Crop Estimate, Cuts Corn Production Peg

Details: https://zcu.io/5WQW

#pfnews

ICYMI--Illinois farmland values surged 18% through the first half of 2022, but may be leveling off going forward, according to a survey of farm real estate and farm management professionals.

Details: https://zcu.io/hblC

#pfnews

ICYMI--Illinois farmland values surged 18% through the first half of 2022, but may be leveling off going forward, according to a survey of farm real estate and farm management professionals.

Details: https://zcu.io/hblC

#pfnews

Ukraine's ag minister says winter wheat acreage will fall by at least 20% from this year due to Russia’s invasion.

He said Ukraine’s corn planted area is also likely to decline and be replaced by more oilseeds & sunseeds.
https://zcu.io/Z96h

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Ukraine's ag minister says winter wheat acreage will fall by at least 20% from this year due to Russia’s invasion.

He said Ukraine’s corn planted area is also likely to decline and be replaced by more oilseeds & sunseeds.
https://zcu.io/Z96h

#pfnews

Soybeans futures posted a weekly decline for the 2nd time in the past 3 weeks but settled near the center of the range that’s held for nearly a month.

#pfnews #soybeans

Soybeans futures posted a weekly decline for the 2nd time in the past 3 weeks but settled near the center of the range that’s held for nearly a month.

#pfnews #soybeans

U.S. cropland values surged 14.3% for the year ending in June reaching an average of $5,050 an acre, reports USDA’s National Agricultural Statistics Service (NASS).

Leading the charge to higher values is Kansas, with a whopping 24.5% surge.

https://zcu.io/AHLc

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U.S. cropland values surged 14.3% for the year ending in June reaching an average of $5,050 an acre, reports USDA’s National Agricultural Statistics Service (NASS).

Leading the charge to higher values is Kansas, with a whopping 24.5% surge.

https://zcu.io/AHLc

#pfnews

India could scrap a 40% duty on wheat imports and cap the amount of stocks traders can hold to try to dampen record-high domestic prices, government and trade officials told Reuters.

OH-SHIT!!

https://zcu.io/CvA2

#pfnews #wheat

India could scrap a 40% duty on wheat imports and cap the amount of stocks traders can hold to try to dampen record-high domestic prices, government and trade officials told Reuters.

OH-SHIT!!

https://zcu.io/CvA2

#pfnews #wheat

The wheat complex tumbled this week, washing out last week’s gains.
Strength in the U.S. dollar & headlines of Russia, Ukraine, Turkey, and United Nations meeting to discuss the resumption of exports out of the Black Sea cast a bearish tone throughout the week.

#pfnews #wheat