Posts in Corn
Fair Weather Attributed to Early Corn Planting

Corn planting is wrapping up earlier than normal in Concordia Parish thanks to recent dry weather, according to Kylie Miller, LSU Extension agent.

“Weather has been really good for planting,” Miller said. “Everybody has been able to get back in the fields and start planting.”

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Cornkristen oaks
How Bad Are The Crops In Argentina?

Bad news follows bad news. Unfortunately, this is what the weather has been doing to Argentina’s agriculture during the 2022/2023 crop year.

After being affected by La Niña for the third year in a row, key producing regions in the country are facing one of the worst droughts of the last four decades. Corn and soybean production is likely to be highly impacted by above-average temperatures and much below-average precipitation in 2023.

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Corn, Soybeansdon molino
Mexico Loosens Ban on GM Corn, but U.S. Still Disappointed

Finally, some progress on Mexico’s GM corn ban. Yesterday, Mexican President Andres Manual Lopez Obrador softened his stance on the ban of genetically-modified corn from the U.S. after pressure from the Biden administration. 

But, the United States says that it isn’t enough. “The U.S. believes in and adheres to a science-based, rules-based trading system and remains committed to preventing disruptions to bilateral agricultural trade and economic harm to U.S. and Mexican producers,” Agriculture Secretary Tom Vilsack said in a statement.

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Cornkristen oaks
US Officials Unmoved By Latest Mexican GMO corn Proposal

U.S. officials say that changes proposed by Mexico are not sufficient to resolve the ongoing dispute over genetically modified corn. Following a Monday meeting with Mexican officials, USTR Chief Agricultural Negotiator Doug McKalip and USDA Under Secretary for Trade and Foreign Agriculture Affairs Alexis Taylor issued a joint statement pushing for more action

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Corndon molino
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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