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Edd's Supplies News

USDA Agricultural Trade Outlook- FY20 Export Forecast Increased
11/26/2019

On Monday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS).  Today’s update includes highlights from the report, which was coordinated by Kamron Daugherty and Hui Jiang. The Outlook stated that, “U.S. agricultural exports in Fiscal Year (FY) 2020 are projected at $139.0 billion, up $2.0 billion from the […]

Wet Grain, Test Weight, and Late Corn Harvest
11/22/2019

According to NASS, 20 percent—some 2 million acres—of the 2019 Illinois corn crop was still in the field on November 17. Following unprecedented delays in planting, the warm weather in September helped move the crop towards maturity, and frost did not come earlier than normal. So most of the corn in Illinois was at or […]

How Reliable will this Year’s Test Plot Data Be?
11/21/2019

Ohio’s corn and soybean crops experienced exceptional growing conditions in 2019, including record rainfall in May and June followed by drier than normal August and September conditions in many areas. As a result of the early season saturated soils, corn and soybean planting was delayed across most of the state. For soybean, planting date is […]

Projected Net Incomes on Illinois Grain Farms in 2019 and 2020
11/21/2019

Due to lower corn and soybean yields, 2019 net farm incomes on Illinois grain farms are projected to decline more than $80,000 per farm from 2018 levels. The low yields are partially offset by higher corn and soybean prices and higher MFP payments in 2019 as compared to 2018. Incomes in 2020 are projected to […]

Disaster Avoided? Reviewing the 2019 Grain Ending Stocks Situation
11/19/2019

Grain markets in 2019 had a familiar feel – a late June rally that faded as concerns about the U.S. corn and soybean crops subsided (see futures prices for corn here, soybeans here). This was especially frustrating for producers hoping for a substantial price improvement after spring planting challenges and record prevented planting acreage. Given Mother Nature’s […]

Recent News

Nutrient Movement Off Frozen and Snow-covered Soil
12/17/2019

Snow has now fallen throughout much of Illinois, and temperatures have dropped going into the last weeks in 2019. With the recent Illinois Nutrient Loss Reduction Strategy biennial report highlighting P and N levels in Illinois waterways, this is a good time to review the application of nutrients on frozen and/or snow-covered soils. Last spring, […]

December 1 Corn Stocks
12/17/2019

Recent announcements on the completion of a phase one trade deal show promise for stronger corn prices in 2020 despite limited details on the actual outlines of the agreement.  While we wait on the information associated with the trade agreement, a series of reports come out on January 10 that provides an indication of the […]

The 2019 Agricultural Year in Review
12/17/2019

With 2019 coming to an end, it’s time to reflect on the biggest stories in agriculture. It’s been a year full of uncertainty and never-ending breaking news, but here is our list of the year’s biggest ag stories. It’s a little hard to find a place to start, but we will begin with what we […]

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