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12 Jul 2016
By Todd HultmanDTN Analyst As Elaine Kub reminded us last week, this is pollination time for corn and the hit or miss of those liquid drops from heaven have billion-dollar consequences. The sudden drop in corn prices the past three weeks has been dizzying as rain across the Midwest erased over $4 billion from the value of old-crop holdings and lop...
12 Jul 2016
By Todd NeeleyDTN Staff Reporter KANSAS CITY, Mo. (DTN) -- Farmers worldwide either need to find a way to produce more food with the same land or expand the industry's footprint in the face of water scarcity threats, a panel of experts said on Monday. Exactly where water will be available as changes in climate occur is something no one can predict...
12 Jul 2016
By Chris ClaytonDTN Ag Policy Editor WASHINGTON (DTN) -- USDA bumped up 2016-17 corn and soybean production as well as new-crop ending stocks for both corn and soybeans in the World Agricultural Supply and Demand Estimates for July. USDA pegged corn production at 14.54 billion bushels and soybeans at 3.88 billion bushels with both forecasts coming...
11 Jul 2016
By Darin NewsomDTN Senior Analyst Where does one start? Usually preview discussion of USDA's July Crop Production and Supply and Demand reports is relatively simple, the numbers expected to be benign as they fall between the June 30 hullabaloo and August's initial survey hype. But this time is different. This time USDA is expected to incorporate so...
11 Jul 2016
By Mary KennedyDTN Cash Grains Analyst Weaker corn and soybean cash prices are not helping basis to rally as one would expect. And the continued outlook for large corn and soybean crops this growing season is not helping. Soybean basis was trading near historical lows at the end of May 2016, as increasing cash prices had kept basis from moving hig...