Articles tagged under: Ag Outlook Forum
Ag Department Predicts U.S. Will Be a Major Importer in Years Ahead
Published February 23, 2022
America's preference for fresh, healthy foods year-round will drive a $100 billion increase in food and ag imports in the years ahead. That's according to the USDA. The agency forecasts imports to increase by an average of six percent a…USDA Predicts Bigger U.S. Corn Crop
Published February 19, 2021
In the latest USDA Grain and Oilseed Outlook, the agency is expecting U.S. corn ending stocks at the end of the current marketing year at 1.5 billion bushels. The new crop corn production is based on 92 million acres and…Grain and Oilseed Outlook Shows Higher Soybean Planted Acres
Published February 19, 2021
According to the USDA's Grain and Oilseed Outlook, U.S. soybean ending stocks at the end of the current marketing year to be at 120 million bushels. The current marketing year ends on August 31. New crop soybean production is based…Virtual Ag Outlook Forum Happening This Week
Published February 15, 2021
USDA will hold their annual Ag Outlook Forum virtually later this week. Advance Trading Commodity Research Analyst Brian Basting says traders will be watching to see what USDA does with the acreage mix. "USDA will give us the best guess…U.S. Farm Bankruptcies Increased in 2019
Published February 20, 2020
In 2019, farm bankruptcies increased 24 percent. During Thursday's Ag Outlook Forum, USDA said North Dakota was one of three states reporting particularly high bankruptcy rates. Debt-to-asset levels are the highest since 2003. USDA also says a growing portion of…USDA Forecasts 2020 Acreage at Outlook Forum
Published February 20, 2020
USDA is projecting 2020 corn acreage at 94 million acres, an increase of five percent from last year. Soybean production is forecast to be 85 million acres, up 12 percent from one year ago. USDA Chief Economist Rob Johansson told…