YOUR TRUSTED AGRICULTURE SOURCE IN THE CAROLINAS SINCE 1974

October WASDE Lowers U.S. Corn and Soybean Production

October WASDE Lowers U.S. Corn and Soybean Production

Oct 16, 2023 | 12:52am
The USDA released its October World Agricultural Supply and Demand Estimate Report that predicted lower corn and soybean production in the U.S. Todd Hultman, grain market analyst with DTN, talks about the corn numbers. “We still have 94.9 million planted acres being estimated, but the yield was reduced from 173.8 down to 173 bushels an […]
WASDE Lowers Corn, Soybean Production Numbers

WASDE Lowers Corn, Soybean Production Numbers

Oct 14, 2023 | 1:15pm
The latest World Ag Supply and Demand Estimates Report says U.S. corn production is forecast at 15.1 billion bushels, down 70 million on a cut in yield to 173 bushels per acre. The corn outlook predicts reduced supplies, down less than one percent, but ten percent above 2022. The season-average corn price received by producers […]
Latest Ag Trade Update Shows Growing Deficit

Latest Ag Trade Update Shows Growing Deficit

Oct 14, 2023 | 3:32am
New monthly trade data from the Department of Agriculture shows a record monthly trade deficit for agriculture. Veronica Nigh, American Farm Bureau Federation Senior Economist, shares the numbers. “Well, the new trade data puts us out through August of 2023. And in August, we had the largest monthly trade deficit that we’ve ever had in […]
The Yonder Report

The Yonder Report

Oct 13, 2023 | 5:50am
Critics say the crypto mine promise of rural prosperity is more hype than help, data show Black southerners in rural counties are less segregated than their urban counterparts and efforts begin to rid the Great Plains of invasive species.
Fall Colors on the Way

Fall Colors on the Way

Oct 13, 2023 | 3:29am
A few weeks ago, Corey, we had Ophelia come in. And in some places, that’s the only rain that these folks have gotten. And since then it’s just been continued dryness and that’s starting to show up on the Drought Monitor It’s unfortunately pretty easy to give a rainfall report over the last week, even […]
Brooks Schaffer Market Report for Friday October 13

Brooks Schaffer Market Report for Friday October 13

Oct 13, 2023 | 2:40am
This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. USDA’s October supply and demand update came out yesterday at 12 noon. The October report is widely anticipated (and sometimes subject to surprises) because it includes harvest data on top of all the other estimating tools (surveys, satellite, […]
National Potato Council CEO: No Winners in House Speaker Chaos

National Potato Council CEO: No Winners in House Speaker Chaos

Oct 11, 2023 | 5:13pm
While the House attempts to replace recently removed Speaker Kevin McCarthy, who dared bring a bipartisan bill to the table that temporarily prevented a government shutdown, the recently expired farm bill sits in limbo. National Potato Council CEO Kam Quarles says the turmoil means there are some in the House majority, with a no compromise attitude, […]
The Best Offense Against HPAI is Biosecurity

The Best Offense Against HPAI is Biosecurity

Oct 11, 2023 | 5:04pm
A recent headline said South Dakota officials found Highly Pathogenic Avian Influenza in a commercial turkey flock. HPAI is typically spread by wild birds during spring and fall migrations. Michael Crusan, communications director with the Minnesota Board of Animal Health, says it can seem as though the disease never truly goes away. “It goes away […]
Record Value for Mexico Fueling Pork Exports

Record Value for Mexico Fueling Pork Exports

Oct 11, 2023 | 4:52pm
August pork exports totaled 226,519 metric tons. Led by Mexico and their record pace of imports, Kelli Wicks, manager of international market development with National Pork Board, compared the five-year and three-year averages for value of U.S. pork. “They have grown 54 percent this year compared to the five-year average and 45 percent compared to […]
Smithfield Foods to Close Charlotte Plant

Smithfield Foods to Close Charlotte Plant

Oct 11, 2023 | 2:09pm
Smithfield Foods says will close its Charlotte, North Carolina, pork-processing plant and transfer production to its Tar Heel, North Carolina, facility by the end of 2023. The company says the move is to increase efficiency and better utilize existing capacity, and comes as the company faces “abundant supplies and soft demand” weighing on pork prices. […]