The primary function of the Louisiana Farm Bureau Federation is to ensure farmers can continue to feed a growing world. One of the ways it does that is by helping move agricultural products through the Louisiana Farm Bureau Marketing Association. In this episode, Karl Wiggers sits down with grain marketing specialists Greg Fox and Grayson Close to talk about the company and how they help farmers across Louisiana sell their crops at the best price at the best time.
Read MoreLouisiana corn for grain production is forecast at 119 million bushels, unchanged from the October 1 forecast but up 61 percent from 2022. Based on conditions as of November 1, yield is expected to average 175 bushels per acre, unchanged from last month but up 5 bushels from last year. Producers expect to harvest 680,000 acres of corn for grain, up 245,000 acres from 2022.
Read MoreWith the U.S. harvest concluding, markets will focus on South American weather forecasts and crop progress. For the 2023/24 marketing year, Brazil and Argentina are projected to account for 53% of global soybean production and 15% of global corn production. By comparison, the U.S. produces 32% of the world’s corn and 28% of the world’s soybeans.
Read MoreThis month’s 2023/24 U.S. corn outlook is for reduced supplies, lower feed and residual use and exports, and smaller ending stocks. Corn production is forecast at 15.064 billion bushels, down 70 million on a cut in yield to 173.0 bushels per acre. Corn supplies are forecast at 16.451 billion bushels, a decline of 160 million bushels from last month, with lower production and beginning stocks.
Read MoreA controversial proposal to build a grain elevator in St. John the Baptist Parish faces a key test on Monday, when the planning commission takes up a zoning change that has been entangled in court disputes and community opposition to the project.
The parish has applied for the property owned by Greenfield, a grain export company, to be rezoned from residential to industrial land.
Read MoreCorn and soybean production is down from September 2023, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is forecast at 15.1 billion bushels, down less than 1% from the previous forecast but up 10% from last year; soybean growers are expected to decrease their production 4% from 2022, forecast at 4.10 billion bushels.
Read MoreCorn had been trading sideways between $4.77 and $4.89 since Aug. 11 until Friday when it never dropped below $4.92.
Technical traders have suggested the seasonal lows are already in for fall. They say Thursday’s breakout and corn struggling to trade below $4.75 are reasons why higher values should be coming soon.
Read MoreStep into the lush landscapes of Louisiana, where agriculture is the backbone of the community. This state is teeming with a variety of crops, from towering sugarcane to sprawling rice fields. This article focuses on the top crops that add serious value to Louisiana’s economy and fill our dinner plates with Southern goodness.
Read MoreThis month’s 2023/24 U.S. corn outlook projects slightly larger supplies and ending stocks. Projected beginning stocks for 2023/24 have been lowered by 5 million bushels mostly due to offsetting trade and corn used for ethanol changes for 2022/23. Corn production for 2023/24 is forecast at 15.1 billion bushels, this a 23-million-bushel increase from last month’s estimates as greater harvested area more than offsets reductions in yield.
Read MoreLouisiana corn for grain production is forecast at 119 million bushels, up 25 percent from the August 1 forecast and up 61 percent from 2022. Based on conditions as of September 1, yield is expected to average 175 bushels per acre, up 6 bushels from last month and up 5 bushels from last year. Planted acreage is revised to 700,000 acres, up 120,000 acres from June 2023. Harvested acreage for grain is revised from 565,000 to 680,000 acres.
Read MoreChina's farm ministry on Thursday said large trials of genetically modified corn and soybeans showed "outstanding" results and that the technology was safe and essential.
Read MoreWhen you think about harvesting crops in Louisiana, you think about things like corn, sugarcane, and soybeans. And with the record-breaking summer heat, each of these crops are having a tougher time growing than in years past.
As the chairman of the Louisiana Beef Industry, John Thompson says he’s never seen his farmland as dry as it is in his 66 years. According to the Dept. of Agriculture and Forestry, the amount of money we’ve lost in the cattle industry is between $160 -- 260 million.
Read MoreMore stink bugs are starting to show up in soybean fields. The stink bug complex in Louisiana soybean includes several species such as the brown stink bug, green stink bug, southern green stink bug, and perhaps the most notorious, the redbanded stink bug. Each species is capable of causing damage.
Read MoreUSDA’s Economic Research Service (ERS) explained this week in its monthly Feed Outlook report that corn exports are reduced 25 million bushels this month to 1.625 billion.
“The weak pace of exports continues into the last quarter of the marketing year, with June exports totaling 150.4 million bushels, down approximately 66 million bushels from June 2022. Corn exports through the first 10 months of the marketing year sit at 1.466 billion bushels,” said ERS in its report.
Read MoreThis month’s 2023/24 U.S. corn outlook is for reduced supplies, lower domestic use, smaller exports, and tighter ending stocks. Projected beginning stocks for 2023/24 this month have been raised 55 million bushels higher based on a lower use forecast for 2022/23, reflecting reductions in corn used for exports, glucose and dextrose, and starch.
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