The USDA’s Foreign Ag Service is projecting record corn production for Brazil as farmers try to meet domestic and global demand. Combined 2022/23 corn production in Brazil is seen at 126 million tons, up 5% from the last guess and 8.6% on the year... Read More.
The USDA has lowered its 2022 U.S. rice production guess while raising the estimate for upland cotton. As of November 1st, rice is projected at 164.349 million hundredweight, about a million less than October’s report following a downward revision in the yield estimate, now... Read More.
The USDA has increased projections for the 2022 U.S. corn and soybean crops. As of November 1st, corn production is estimated at 13.93 billion bushels, with an average yield of 172.3 bushels per acre, both a bit higher than in October. Harvested area is... Read More.
By Casey Quinlan, Kansas Reflector TOPEKA, Kan. - The Federal Reserve announced Wednesday that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4%. Federal Reserve Chair... Read More.
The Federal Reserve raised interest rates three-quarters of a percentage point, the sixth interest rate hike of the year. Federal Reserve Chairman Jerome Powell says additional increases are expected. “We think there’s some ground to cover before we meet that test and that’s... Read More.
USDA is raising its 2022 and 2023 milk production estimates as dairy farmers increase their herds. The agency says output-per-cow is also likely to increase. In its October supply and demand report, USDA raised butter and cheese prices because of price strength, while lowering... Read More.
The USDA has made modest adjustments to its 2022 cotton and rice production estimates, with harvest for both crops ongoing. As of October 1st, upland cotton production is projected at 13.344 billion bales, down less than one percent from September on a small cut... Read More.
One of the country’s largest rail worker unions has rejected a temporary agreement brokered last month by President Biden. The vote by the Brotherhood of Maintenance Way Employees means bargaining with freight railroads will resume, raising the possibility of a strike. U.S. Senator Chuck Grassley of... Read More.
USDA has lowered its 2023 and 2023 milk production estimates because of lower cow inventories. The agency says output-per-cow is likely to increase some in the last part of this year but not enough to make up for a smaller herd. In its September... Read More.
One of the world’s largest crop intelligence providers has raised $40 million to develop new technologies that will verify and validate carbon markets. Mike DiPaola, Chief Commercial Officer with Taranis, says the funds will advance remote data sensing. “Capturing revenue with the retailer for... Read More.
Hutchinson, KS – Hutchinson Fire Department (HFD) raised $63,233 in just three days for back-to-school supply drive! “HFD wants to thank the great citizens of Hutchinson and the surrounding area for coming out and supporting HFD in this great cause for our children,” said... Read More.
The USDA has raised its 2022 beef and turkey production projections, while lowering the outlooks for pork and chicken. Commercial beef production is expected to be 27.922 billion pounds, 15 million higher than in June on expectations for a larger fourth quarter slaughter, with... Read More.