The May WASDE report is the first look at the new crop balance sheets. As old crop demand continues to be an area of concern, much of the trade was watching to see how aggressive USDA would be with new crop supply and demand estimates. The biggest surprise, according to one analyst, came in wheat.
Big misses in the wheat supply set up the market for a big move and helped keep the corn market in check. Corn ending stocks were bearish at 2.22 billion bushels. Soybean ending stocks were also bearish at 335 million bushels. John Heinberg of Total Farm Marketing shares his insights on where the markets go from here.
Thanks to some cinder blocks and an online fitness community, Amanda Nigg found a renewed purpose in the farm community and a new lease on living a physically and mentally healthy life.
Agronomists are reporting high numbers of black cutworm and true armyworm moths in pheromone traps. Their offspring, the larvae, can do serious harm to corn. So can the offspring of four other common moth species.
On Thursday, the U.S. Supreme Court upheld California’s new humane-pork law. Disappointment, frustration and disbelief shook the pork industry. Meanwhile, animal activist groups called it a win.
