Search results
Results from the WOW.Com Content Network
Farmers across the Midwest have boosted crop sales as corn and soybean futures spiked after the U.S. Department of Agriculture slashed its 2024 harvest estimates on Friday, grain dealers in Iowa ...
In northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
Yet corn futures prices are signaling they should hold the grain for a few months, if possible. On the Chicago Board of Trade, benchmark December corn futures were trading at a roughly 22-cent ...
The production of corn (Zea mays mays, also known as "maize") plays a major role in the economy of the United States. The US is the largest corn producer in the world, with 96,000,000 acres (39,000,000 ha) of land reserved for corn production. Corn growth is dominated by west/north central Iowa and east central Illinois. Approximately 13% of ...
Corn and soybean prices for this year's harvest already fell roughly 10% since the tariffs were first announced a couple of weeks ago. Joe Janzen, an agricultural economist with the University of Illinois, said that has “snuffed out” any profitability in those crops.
Crops (U.S. and global) including wheat, rice, corn, sorghum, barley, oats, soybeans, cotton, and sugar. Livestock (U.S. only) including meat animals, poultry, and dairy. The WASDE report is generally released between the 8th and 12th of each month at 12:00 noon [6] Eastern Time.
Most of the state of Illinois lies outside the Chicago metropolitan area and inside the North American Corn Belt. [12] Corn, soybeans, and other large-field crops are grown extensively. These crops and their products account for much of the state's economic output outside Chicago.
At current prices, his grain is worth about $263,000. Futures and cash prices often differ by a few cents. ... breakeven prices for corn growers in central Illinois were about $5.27 a bushel in ...