close [X]

AFBF Econ Team Delivers February 2017 Crop Market Update

News / FBNews February 17, 2017

In his latest crop market report, Record Crop Consumption Could Move Even Higher, AFBF economist John Newton notes that USDA’s projections for increased corn and soybean consumption could give farmers a boost.

A more rapid pace of consumption would imply that ending stocks for new crop corn and soybeans could ultimately be lower and would provide a bullish undertone for prices in advance of the 2017/18 planting season and during this key crop insurance spring price discovery period.

Also in this month’s report, Newton delves into corn and soybean export projections.

Download the full February 2017 Crop Market Update Below

Share This Article

 

A group of 135 farm organizations and banks that supply seasonal loans to farms and ranches today called on the President and Congress to put aside political differences and supply urgently needed relief in the wake of weather-related disasters in 2018 and 2019.

Full Article
Credit: Credit: jride / CC BY 2.0  

Good news for price-conscious consumers – a seasonal bump in retail egg prices that typically occurs just prior to Easter did not materialize in 2019.

Full Article