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My corn coming off today.
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How many furrows have you plowed today, just askin'.![]()
My corn coming off today.
Corn reached a three-year low in Chicago as harvesting of the grain accelerated in the U.S., the world’s biggest producer, and crop conditions improved.
Farmers gathered 59 percent of crops in the main growing areas as of Oct. 27, compared with 39 percent a week earlier, the U.S. Department of Agriculture said yesterday. Sixty-two percent of crops were in good or excellent condition, up from 60 percent a week earlier that received the top ratings. The U.S. may produce a record 13.8 billion bushels this season, the USDA said in September. Its next forecast is due Nov. 8.
“It is above all the rapidly progressing harvest in the U.S. and the improving condition of plants still in the fields that are weighing on prices,” Carsten Fritsch, an analyst at Commerzbank AG in Frankfurt, said in a report e-mailed today. U.S. export figures for corn also have been “disappointing,” he said.
Corn for delivery in December fell 0.3 percent to $4.295 a bushel at 6:19 a.m. on the Chicago Board of Trade, set for a fourth straight drop. Prices touched $4.2925, the lowest for a most-active contract since August 2010, and tumbled 38 percent this year on expectations that U.S. production would rebound from last year’s drought.
About 26.5 million bushels of U.S. corn were inspected for export in the week ended Oct. 24, down 18 percent from the previous week, the USDA said yesterday. Soybean inspections jumped 40 percent to 83.6 million bushels, the highest for any week since November 2009, USDA data show.
Soybeans for delivery in January were little changed at $12.6825 a bushel. The most-active contract fell 10 percent this year. The U.S. soybean harvest is 77 percent complete, matching the average pace of the previous five years, the USDA said.
Wheat for delivery in December was little changed at $6.8125 a bushel. In Paris, milling wheat for delivery in January lost 0.1 percent to 201 euros ($277) a metric ton on NYSE Liffe.
http://www.bloomberg.com/news/2013-...hree-year-low-as-u-s-harvest-accelerates.html
Corn production in the U.S., the world’s top grower and shipper, will be the largest ever this year while stronger exports will contribute to smaller-than-expected inventories next year.
Farmers will collect a record 13.989 billion bushels, up from 13.843 billion (351.63 million metric tons) estimated in September, the U.S. Department of Agriculture said in report today in Washington. The average projection of 36 analysts surveyed by Bloomberg was 14.029 billion, up from 10.78 billion in 2012. The USDA report is its first in two months, after canceling the October assessment during a partial government shutdown.
Reserves on Aug. 31, 2014, before next year’s harvest, will be 1.887 billion bushels, up from 1.855 billion forecast in September, the USDA today in a report. Analysts surveyed by Bloomberg projected 2.044 billion, on average.
Export expectations were raised 14 percent to 1.4 billion bushels, as lower prices for the grain are making U.S. corn more competitive abroad, the USDA said.
Average yields this year will be 160.4 bushels an acre, compared with 155.3 bushels estimated two months ago and 123.4 bushels in 2012, the agency said after completing its third survey of farmers and fields this season. Analysts surveyed by Bloomberg projected 159.2 bushels, on average.
World output in the year that begins Oct. 1 will be 962.83 million tons, compared with 956.67 million forecast two months earlier, the USDA said. Global inventories before the start of the Northern Hemisphere harvests in 2014 will be 164.33 million tons, compared with 151.42 million projected in September. Traders forecast a gain to 155.19 million, on average.
Corn at the farm gate may average between $4.10 and $4.90 in the 12 months that began Sept. 1, compared with $4.40 to $5.20 forecast in September, the USDA said.
http://www.bloomberg.com/news/2013-...stimate-to-record-13-989-billion-bushels.html
Okay, all you Lit farmers, here's another question for you:
yesterday, I passed through huge fields of soybeans and the beans looked close to being ready for harvesting; when are soybeans usually harvested?
http://upload.wikimedia.org/wikipedia/commons/thumb/4/4d/Soybean_flowers.png/200px-Soybean_flowers.png
P.S., the wikipedia has a nice table of nutrient contents of major staple foods, http://en.wikipedia.org/wiki/Soybean but I don't see any discussion of growing season or harvesting.
I started reading this thread, shaking my head and wanting to make a few corrections to some posts here and there and then it hit me....why the hell would I anymore?
City girls...go figure
The increase and diffusion of knowledge isn't sufficient reason?
The general population has become so far removed from animal husbandry and the production of food that it boggles the mind. If, for some strange reason, the 1.6%(?) of people engaged in farming in the U.S. were to disappear overnight, the remaining 98.4% of the population would starve to death in fairly short order.
You know it.
I get it, I really do....but I'm going through an anti 'all that was' moment or year right now.
I bought my first set of pork chops from the grocery store in 11 years the other day.
It kind of felt naughty.
The increase and diffusion of knowledge isn't sufficient reason?
The general population has become so far removed from animal husbandry and the production of food that it boggles the mind. If, for some strange reason, the 1.6%(?) of people engaged in farming in the U.S. were to disappear overnight, the remaining 98.4% of the population would starve to death in fairly short order.
Not a farmer but I am in the green industry.
Heres a cool weather radar site I use frequently. They are pretty accurate.
http://www.farmerweather.com/NAMradarForecastMark.php
I want a long range to know that we are going to get another good winter with lots of snow and cold