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In southern Illinois, the second biggest corn-producing state, farmers could actually lose up to $160 an acre growing corn this year, based on corn prices and the cost of production, University of ...
National corn production is up 10% from last year, forecast at 15.1 billion bushels; soybean growers are expected to decrease their production 2% from 2022, forecast at 4.21 billion ...
NASS estimates and forecasts are used by the transportation sector, warehouse and storage companies, banks and other lending institutions, commodity traders and food processors. The businesses that provide farmers with seeds, equipment, chemicals and other goods and services use the data when planning their marketing strategies.
The 208th edition of the Farmers' Almanac, out now, foresees a "Wet Winter Whirlwind," for the upcoming 2024-2025 winter season. "It definitely looks more wet than white in many areas," Farmers ...
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The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
The IGC's benchmark Grains and Oilseeds Index, which tracks international grain and oilseed prices, is publicly available on the organization's website. The IGC Secretariat also administers the Food Assistance Convention , [ 1 ] provides administrative services to the Food Assistance Committee and forms part of the secretariat of Agricultural ...
Get breaking Business News and the latest corporate happenings from AOL. ... US power use to reach record highs in 2024 and 2025, EIA forecast says. U.S. power consumption will rise to record ...