Corn yield projections down less than expected
"The livestock industry gets just a tiny bit of reprieve in the sense that corn isn't as desperately short as I think many people thought going into this report," Hurt said. "On the other hand, corn prices aren't going to fade substantially. It's going to be very difficult for the livestock industry to just hold on as cash flows are probably going to be negative for the most part."
Purdue Extension agricultural economist Corinne Alexander will offer additional analysis of the report and a 2013 Agricultural Outlook during a free webinar at 8:30 a.m. EDT Thursday (Sept. 13) at https://gomeet.itap.purdue.edu/outlook/. The webinar also will be recorded and archived at http://www.agecon.purdue.edu/extension/programs/lunch.asp
The USDA's full report is available for download at http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1046
- New calculator can help soybean farmers with seed decisions
- U.S., Brazil close to ending cotton trade rift
- U.S.-Japan trade talks hit new farm exports snag
- Ag markets posted a general comeback Wednesday
- Midwest grain growers ‘Invest an acre to feed the world’
- Ag markets turned mixed around midsession Wednesday
- Activists fighting Golden Rice even more in 2014
- U.S. GMO labeling foes triple spending in first half of this year
- Source shows half of GMO research is independent
- White House issues veto threat on bill to block WOTUS rule
- East-West Seed signs marketing collaboration with Monsanto
- How much corn can the ethanol industry use?