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Corn prices are now up about 10% over the past month. ... Farmers across the Midwest have boosted crop sales as corn and soybean futures spiked after the U.S. Department of Agriculture slashed its ...
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 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 first USDA agency formally tasked with data collection was the Division of Statistics, created in 1863, one year after the USDA itself was created. [1] By 1902, a Division of Foreign Markets had been created, and the following year, that division was merged with the Division of Statistics to form the Bureau of Statistics. [1]
The USDA forecasts the 2024/25 corn crop to be the third-largest in U.S. history and said corn end stocks would still be the largest in six years as of September 2025.
The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn. The steepest market downturn in a decade in 2023 has extended into 2024 ...
Predecessor publications date back to the 19th century. In 1893, the USDA Division of Statistics published Production and distribution of the principal agricultural products of the world, a miscellaneous report representing several months of work in compiling the first overview of production of major crops around the world. [7]
It was third to sugarcane and maize (corn) in quantity produced. This is a rice field in Cambodia. The following list, derived from the statistics of the United Nations' Food and Agriculture Organization (FAO), lists the most valuable agricultural products produced by the countries of the world. [1]