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Spring wheat acres top expectations

The USDA sees an increase in spring wheat acreage. Farmers are expected to plant 11.335 million acres of non-durum spring wheat in 2024, above analysts’ expectations and 1% more than in 2023, with most of that hard red spring. Total wheat acreage is estimated at... Read More.

Wheat stocks offsetting expectations for smaller crop

A marketing analyst says she expects winter wheat basis to tighten later this year because of limited planted acres. Angie Setzer, co-founder of the grain marketing firm Consus, tells Brownfield large stocks will likely help offset the estimated six percent decline in plantings. “Wheat on... Read More.

Expectations for Eastern Corn Belt production to boost supplies

A commodity broker says better-than-expected yields in the Eastern Corn Belt will likely show up in Friday’s USDA report. Mark Talaski is with Advance Trading Inc. “My suspicion is we’re going to find out that the stocks are heavily weighted Illinois and East because of... Read More.

Iowa farmer has high expectations for 2024 growing season

An eastern Iowa farmer says he’s getting more and more optimistic about the 2024 growing season. Tim Meyer says his area recently received a good amount of precipitation. “We’re dry, but we’re picking up some moisture for the most part. I’ve been thankful that... Read More.