Friday, May 24, 2024

World population, U.S. farm productivity, Earl Butz and Bret Maverick: What should farmers believe?

Corn and soybean prices have been improving as a result of wet harvest weather in Argentina and indications fewer acres of corn may be planted in the U.S.
foggy corn field

Grain markets rallied, in reaction to USDA June 24 reports, which detailed continued incomplete planting and dreadful crop conditions.
drought corn Farm and Dairy file photo

It's dry out there and grain prices remain low. Marlin Clark weighs in on planting progress, crop conditions and corn, soybean and wheat prices.
rainbow over cornfield

Marlin Clark analyzes crop conditions and grain futures prices that have been impacted by weather forecasts predicting scattered rain across the Midwest.

Marlin Clark tries to connect the dots in the grain markets to determine if they have reached the bottom and what's ahead.

Marlin Clark breaks down last week's U.S. Department of Agriculture reports and their affect on grain prices in this week's grain markets report.
Corn snow

Harvest is winding down, although a few farmers are still chasing dry days before the cold sets in.
combine in corn field

Low prices make marketing decisions easy to defer, but the big, early crops mean most farmers will have some corn and soybeans that need to go to town.

The ugly reality in the Buckeye State: Ohio farmers will have a small crop, but the rest of the nation will not.