Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

Tag Archives: crops

ARGENTINA EXPORTS RISE

Argentina’s crop exports surged $2 billion in the last three weeks of 2015 after restrictions were scrapped by the new president, according to Bloomberg News.

Posted in Agriculture News | Also tagged , | Comments closed

WET SUMMER CASTS DOUBT ON UPCOMING HARVEST

Corn yields ranged from 74 bushels an acre to 247 bushels an acre in some central #Illinois fields. One of the wettest summers in modern Illinois history has shrouded the coming harvest season in a mystery only the reapers will answer once they hit the fields in earnest next month. An annual corn yield tour organized… read more

Posted in Agriculture News | Also tagged , , , , | Comments closed

HEAVY RAINFALL TARNISHES QUALITY OF ILLINOIS WHEAT CROP

Many wheat growers have seen decent yields across Illinois, but heavy rainfall late in the growing season diminished much of their crop’s value. Farmers have faced several problems including disease and poor quality wheat.

Posted in Agriculture News | Also tagged , | Comments closed

RAISIN RULING

The U.S. Supreme Court dealt a blow to the Agriculture Department’s marketing order system by ruling that the agency must compensate farmers who are forced to turn over their crops in order to avoid oversupplies. At issue is the marketing order for raisins that props up prices by requiring producers to put excess supplies into… read more

Posted in Agriculture News | Also tagged , , , , | Comments closed

PRODUCE SALES

In 2012, 34% of all U.S. produce farms—those producing vegetables, fruit, or nuts—sold food through local food marketing channels, whereas only 3% of field/other crop farms and 8% of livestock/livestock product farms did so.

Posted in Agriculture News | Also tagged , , , , , | Comments closed

DROUGHT’S COST

California’s farmers will have less irrigation water and will idle more cropland this year than they did last year, says a study by UC-Davis. It estimates direct agricultural losses of $1.8 billion, comprised of $1.2 billion in lower crop, livestock and dairy revenue and $600 million in higher costs to pump water from wells.

Posted in Agriculture News | Also tagged , , , , , | Comments closed

FARM BILL COSTS

The government will pay $6.5 billion in crop subsidies for this year’s grain and soybean crops because of falling commodity prices, according to an estimate by the Food and Agricultural Policy Research Institute. Average ARC and PLC payments are projected to peak with the 2015 crop and decline to $3.4 billion for the 2018 crop.

Posted in Agriculture News | Also tagged , | Comments closed

CROP ACRES TO DECLINE

USDA forecasts that farmers will scale back plantings of the 8 major field crops by nearly 5% – a total of 12.3 million acres – over the next 5 years in response to sustained, lower commodity prices. The biggest cutbacks will be in wheat and soybeans.

Posted in Agriculture News | Also tagged , , , | Comments closed

PROPANE SUPPLIES

Recent news from the Illinois Propane Gas Association notes that the state has 20% more propane on hand this year than last, and that propane use for crop drying – though farmers are facing a wet harvest – is down some 45% compared to the same time last season. The data suggests that this year… read more

Posted in Agriculture News | Also tagged , | Comments closed

FAPRI PROJECTIONS

The Food and Agricultural Policy Research Institute (FAPRI) has released a new snapshot updating its five-year outlook for crop prices. The report incorporates USDA data from mid-September that suggest bigger corn and soybean crops than previously estimated – and lower projected prices.

Posted in Agriculture News | Also tagged , | Comments closed