USDA Cost of Production Estimates Show Little Change from 2016

by Brent Gloy

According to the latest USDA cost of production estimates, U.S. farmers will find the 2017 cost of producing corn, soybeans, and wheat basically unchanged from 2016.  Combined with the outlook for flat to slightly better commodity prices, the cost of production estimates portray yet another year of challenging economic conditions throughout corn, soybean, and wheat country. Continue reading

Global Wheat Trends

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by David A. Widmar

A few weeks ago we took a look at the trends in U.S. wheat and observed that wheat acres had been steadily declining since the 1980s. This got us (and many readers) to wondering about the trends in global production. This week’s post takes a look at global wheat trends by digging into acres harvested, production, and how the U.S. fits in. Continue reading

Trends in Corn and Soybean Exports

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by David Widmar

Grain commodities have faced significant headwinds in recent months. It seems that bearish news keeps following bearish news. In addition to above-trend crop yields in the U.S. adding to already abundant inventories, the strong U.S. Dollar has made it difficult for the U.S. to compete for global export markets. In this week’s post, we’ll take a look at corn and soybean exports to evaluate current conditions

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