The U.S. Department of Agriculture pegged average corn yields at 181.3 bushels per acre in a report released Sept. 12. That was up by about three bushels per acre from the August report and well above even the top end of trade guesses. | File photo

Big U.S. corn yields surprise market

Winnipeg – An unexpected upward revision to this year’s United States corn yields sent prices dropping Wednesday, and more losses are likely, according to market analysts. The U.S. Department of Agriculture pegged average corn yields at 181.3 bushels per acre in a report released Sept. 12. That was up by about three bushels per acre […] Read more

The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. | File photo

USDA shocks with record U.S. corn, soy yields outlook

CHICAGO, Sept 12 (Reuters) – The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. Soybean yields were seen at an all-time high, with the production outlook raised above its already record-high forecast. […] Read more

Proposed grading would emphasize marbling and flavour instead of leanness, similar to the way beef is labelled and promoted.  |  File photo

USDA proposes pork grading focus on flavour, texture

If adopted, the grading system would once again play up pork as a red meat and drop the white meat comparison

Pork is getting closer to becoming “the other steak” and backing away from being “the other white meat,” says a taste-focused pig genetics company. And it believes that’s the best news the pork market has had in years. “I think it’ll create an evolution. The premium will be for hard marbling, darker meat, closer to […] Read more


The U.S. Department  of Agriculture raised its already record forecast for U.S. corn and soybean harvests on Wednesday. | File photo

U.S. corn, soybean harvests bigger than expected — USDA

WASHINGTON, Nov. 9 (Reuters) – The U.S. Department of Agriculture raised its already record forecast for U.S. corn and soybean harvests on Wednesday, with gains keyed by increased yield estimates in major production states such as Iowa, Minnesota and Ohio. The market expected a soybean increase, but thought corn would be smaller. The bumper harvest […] Read more

The U.S. Agriculture Department also reported corn and soybean stocks as of Sept. 1 at multi-year highs despite record usage of both commodities during the June, July and August time period. | File photo

U.S. wheat stocks biggest since ’87; corn, soy above 2015: USDA

WASHINGTON, Sept 30 (Reuters) – U.S. wheat supplies ballooned to the biggest in nearly 30 years during the summer months, topping expectations, as a 12 percent jump in production and weak demand on the export market filled storage bins, the government said on Friday. The U.S. Agriculture Department also reported corn and soybean stocks as […] Read more


The most accurate way to measure the potential corn crop is to analyze July weather in key growing states, says an American market expert.  |  Michael Raine photo

Analyst questions USDA corn estimates

Market prices have adjusted to account for the United States Department of Agriculture’s projections of yield from last month’s report, but are they right? Does it matter? Bryce Knorr analyzes markets for the American Farm Futures information service. He told farmer audiences in packed tents at last week’s Farm Progress Show in Boone, Iowa, that […] Read more