Jerry Gulke, president of the Gulke Group, thinks the corn market might just be taking a pause to refresh, so he isn’t changing his bullish stance. “I’m willing to have some patience,” he says.
How Much Corn Will U.S. Farmers Actually Plant This Year?
USDA will provide its first glimpse at acreage next week during the Ag Outlook Forum. Most estimates point to more corn acres in 2025, but the question is just how high will corn acres actually be as more farmers shift to more corn and away from crops like cotton and soybeans this year.
Since being confirmed on Feb. 13, Secretary Rollins has been in the Washington D.C., USDA office for a few hours. Most of her time has been spent visiting farmers, ranchers and ag businesses in Kentucky, Kansas and at Top Producer Summit.
Three key provisions in the 2017 Tax Cuts and Jobs Act are set to expire in December. Planning now can help farmers prepare financially if the provisions aren’t extended, says CPA Paul Neiffer.