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Aug. 14—WASHINGTON — The crop production report issued Friday, Aug. 11 by USDA's National Agricultural Statistics Service (NASS) forecasted corn production up from 2022 and soybean production ...
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.
Before prices plunged last summer, Henebry said he sold some corn for $5.50 to $5.70 per bushel and then for as much as $6.21 per bushel delivered to the grain elevator.
The creation of USDA's Crop Reporting Board in 1905 (now called the Agricultural Statistics Board) was another landmark in the development of a nationwide statistical service for agriculture. A USDA reorganization in 1961 led to the creation of the Statistical Reporting Service, known today as National Agricultural Statistics Service (NASS). [1]
The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
Wheat prices surged to their highest prices since 2008 in response to the 2022 attacks. [118] Ukraine accounted for 10% of global wheat exports. [ 119 ] At the time of the invasion, Ukraine was the fourth-largest exporter of corn and wheat, and the world's largest exporter of sunflower oil , with Russia and Ukraine together responsible for 27% ...
The Posted county price (PCP) is calculated for the so-called loan commodities (except for rice and cotton) for each county by the Farm Service Agency in the United States. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the United States), corrected for the cost of transporting grain from the county ...
The United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally.