06/16/2023 SOURCE: farmpolicynews.illinois.edu
In its monthly Oil Crops Outlook report yesterday, the USDA's Economic Research Service (ERS) indicated that, "U.S. soybean production for the 2023/24 marketing year (MY) is projected to climb by…
Global Soybean Production Forecast at Record Level, on Record Crops in Brazil, U.S.
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Nancy Kavazanjian
Topics: Agriculture US, Economics,
Federal Reserve: Observations on the Ag Economy- May 2023
On Wednesday, the Federal Reserve Board released its May 2023 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
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Nancy Kavazanjian
Topics: Ag Asia / Pacific, Trade (Commodities),
China Trade Issues in Focus
Financial Times writers Joe Leahy and James Politi reported last week that, "China’s commerce minister and his US counterpart have raised concerns about their countries’ trade and investment policies at…
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Nancy Kavazanjian
Topics: Agriculture US, Economics,
In Iowa, Record High Cash Rents, Up 9% in 2023
DTN Farm Business Editor Katie Dehlinger reported yesterday that, "The average cash rental rate for Iowa farmland climbed 9% in 2023 to $279 per acre, according to an annual survey…
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Nancy Kavazanjian
Topics: Wheat, Corn/Maize, Agriculture US,
Global Grains Production “Forecast to Hit an All Time High,” as Drought “Is Shrinking” U.S. Winter Wheat Crop
Dow Jones writer Yusuf Khan reported yesterday that, "Global production of wheat, corn, barley and other grains is forecast to hit an all time high in the forthcoming season, as…
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Nancy Kavazanjian
Topics: Wheat, Soybeans, Ag North America, Canola,
Canadian Farmers Expect More Wheat Acres This Year, “The Most in 22 Years”
Dow Jones writer Robb M. Stewart reported yesterday that, "Canadian farmers expect to plant more wheat this year, and increase crops of canola and soybeans."
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Nancy Kavazanjian
Topics: Agriculture US, Economics,
FAPRI Baseline Update- Corn, Soybean Variables in Focus
The Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri released its latest baseline update for U.S. agricultural markets yesterday.
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03/23/2023 SOURCE: news.illinois.edu
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Nancy Kavazanjian
Topics: Wheat, Corn/Maize, Economics, USDA,
The 2023 Outlook for U.S. Agriculture From USDA’s Chief Economist
Speaking on Thursday at USDA’s Agricultural Outlook Forum, USDA Chief Economist Seth Meyer provided a broad outlook for U.S. agriculture. Today’s update provides an overview of key aspects of Dr.…
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Nancy Kavazanjian
Topics: Agriculture US, Economics,
Kansas City Fed- Nonirrigated Farmland Values Up About 9%; Minneapolis Fed- Nonirrigated Cropland 18% Higher
Last week, the Federal Reserve Banks of Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions. Today's update contains highlights from the Fed reports.
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