Posts in Corn
Agroconsult Forecasts Record Brazilian Soybean, Corn Crops

Agroconsult expects Brazil to produce record corn and soybean crops in 2022-23, despite dry weather in the far southern state of Rio Grande do Sul. The firm expect Brazilian soybean production to reach 153.4 MMT, which is just below Conab’s official forecast of 153.5 MMT it forecast in December. Agroconsult projects total corn production at 130.9 MMT, including the first crop at 29.6 MMT and the safrinha crop at 101.3 MMT. In December, Conab pegged Brazil’s corn crop at 125.8 MMT, though that was based off an estimate of the first corn crop and projections for safrinha acreage and yield.

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Corn, Soybeanskristen oaks
Louisiana Farm Bureau Seeks Disaster Aid from US House and Senate Appropriations Committees

A letter is now in the hands of the chairs of U.S. Senate and House Appropriations Subcommittees on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies and the Ranking Republican Members on those subcommittees seeking aid for farmers and ranchers who suffered losses due to weather disasters in 2022. 

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November 2022 Crop Market Report

This month’s 2022/23 U.S. corn outlook is for higher production, larger feed and residual use, and greater ending stocks. Corn production is forecast at 13.930 billion bushels, up 35 million from last month on a 0.4-bushel increase in yield to 172.3 bushels per acre. Feed and residual use is higher based on a larger crop. With supply rising more than use, corn ending stocks are raised 10 million bushels.

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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