CHICAGO The U.S. government lowered its forecasts for domestic corn and wheat harvests on Thursday due to a cut in acreage estimates, but yields were still expected to remain robust due to good crop weather.
CHICAGO, July 10 The U.S. government lowered its
forecasts for domestic corn and wheat harvests on Thursday due
to a cut in acreage estimates, but yields were still expected to
remain robust due to good crop weather.
CHICAGO The novel coronavirus delayed the arrival of seasonal immigrants who normally help harvest U.S. wheat, leaving farmers to depend on high school students, school bus drivers, laid-off oilfield workers and others to run machines that bring in the crop.
CHICAGO U.S. farmers planted nearly 5 million fewer acres of corn this spring than estimated by the U.S. government in March, the biggest cut in 37 years, as the coronavirus pandemic roils demand for the crop.The drop in corn seedings, as well as an 11.1% cut in cotton plantings, accounted for the bulk of the U.S. Agriculture Department's 7.2 million-acre reduction to its estimate of the amount of major crops seeded this spring.
* Wheat hits highest since May 11 as Russia cuts crop
CHICAGO, May 19 U.S. hog futures fell on
Tuesday, pressured by an increase in the daily slaughter totals
as pork plants come back online, traders said.
CHICAGO, May 18 U.S. live cattle futures rose
for the third day in a row on Monday, hitting their highest
since April 1, with ongoing strength in the cash markets leading
the way higher, traders said.
CHICAGO, May 12 U.S. corn supplies will rise to
their highest in 33 years due to massive plantings and what is
expected to be a record crop - a bounty so big that it will
outweigh export demand and increased ethanol usage as the
biofuel sector recovers from the impact of the coronavirus
pandemic, the U.S. government said on Tuesday.
CHICAGO U.S. corn farmers are facing steep losses this year as prices collapse to the lowest in more than a decade after they had purchased seeds and fertilizers and started planting the second-biggest crop since the Great Depression.
CHICAGO, April 24 U.S. hog and live cattle
futures eased on Friday, with end-of-week profit-taking and
technical selling pressuring the livestock markets, traders