Posts in Corn
October 2022 Crop Market Update for Corn, Soybeans, Rice, and Cotton

This month’s 2022/23 U.S. corn outlook is for reduced supplies, greater feed and residual use, lower exports and corn used for ethanol, and smaller ending stocks. Corn production is forecast at 13.895 billion bushels, down 49 million on a reduction in yield to 171.9 bushels per acre. Corn supplies are forecast at 15.322 billion bushels, a decline of 172 million bushels from last month, as lower production and beginning stocks are partially offset by higher imports.

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NELA Farmers Face Crisis

Area farmers say the recent rainfall in northeastern Louisiana has damaged crops so badly that many will not be able to recover financially if the U.S. Department of Agriculture does not step in.

Weeks of frequent rainfall in August and September have wrecked local crops and crop insurance likely will not cover the damage, according to Scott Franklin, a commercial rice dryer in Rayville.

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Corn, Cotton, SoybeansAvery Davidson
New Crane Will Make It Easier To Upload Grain At The Port Of Greater Baton Rouge

The Port of Greater Baton Rouge has received a barge-mounted crane that will make it easier to unload grain despite the level of the Mississippi River.

The $7 million pedestal crane will unload grain directly from barges into Louis Dreyfus Company's elevator. Because the crane has the flexibility to unload barges at times of high or low river levels, this will benefit local farmers, said Jay Hardman, the port's executive director.

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Corn, Soybeansdon molino
‘We’re Just Looking to Break Even’: Cenla Farmers Battle Mother Nature While Trying to Harvest

Hit by inflation, farmers around the country have dealt with unprecedented input prices this year, and inclement weather has taken a toll on their yields.

Farmers in Louisiana have also dealt with inflated prices of everything from fuel to fertilizer, and unfavorable weather conditions mean smaller yields, shrinking their margins even smaller.

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Corn, SoybeansAvery Davidson
LA Corn Harvest Reaping Good Yields

The Louisiana corn harvest is near the halfway point, and farmers have been mostly pleased with the results. It was an expensive crop to grow this year, but good prices are offsetting much of the cost. LSU AgCenter correspondent Craig Gautreaux has the story from northeast Louisiana.

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Corn, LSU AgCenterdon molino