After consecutive years of increasing, global corn and soybean stocks, relative to consumption, are forecasted to decline in 2017/2018. Also, a look at China’s role in global grain stocks.
2017 marked the third year of expansion for the U.S. beef cow herd. This post considers the recent trends and the possibility of additional expansion in 2018 and beyond.
A look at the potential for lower fertilizer prices in 2018, and the impact on overall fertilizer expense. In 2018, producers should keep an eye on nitrogen prices.
A look at global wheat production trends, including how declining U.S. acres is consistent with the global market.
A quick drive around the country during the farm boom seemed to suggest that a rural building boom was underway. New machine sheds and farm residences seemed to bloom across the countryside. As farm incomes have fallen, many have wondered how rapidly this building activity would slow.
The recent grain stocks report gathered much attention as many headlines focused on corn stocks – estimated at 2.29 billion bushels – reaching the highest levels since the 1980s. This week’s post considers U.S. ending stocks data and how large the 2016/2017 ending stocks are.