5/10/2018 10:40:00 AM/Categories: Popular Posts, General News, Today's Top 5, Livestock, Grains
One of the first looks at the 2018-19 crop production projects the U.S. corn crop at 14.04 billion bushels with an average yield of 174 bushels per acre.
The May World Agricultural Supply and Demand Estimates (WASDE) offers the first forecasts for crop production and ending stocks for the 2018-19 marketing year.
Soybean production is projected at 4.28 billion bushels with an average yield of 48.5 bushels an acre.
Production for 2018-19 is pegged at 14.04 billion bushels with ending stocks forecast at 1.682 billion bushels, down 500 million bushels from the 2017-18 crop.
Old crop engine stocks for corn are unchanged from the April forecast at 2.18 billion bushels.
Brazil's corn crop was pegged at 87 million metric tons, down 5 mmt from April's projection.
USDA projects the 2018-19 soybean crop at 4.28 billion bushels, down 112 million bushels from the 2017-18 crop year. Soybean new crop ending stocks are pegged at 415 million bushels.
Old crop ending stocks are projected at 530 million bushels, down 20 million bushels from last month's projection.
USDA bumped up Brazil's soybean production to 117 million metric tons, up 2 million metric tons from the April report. Argentina's production was dropped again to 39 mmt, down 1 mmt from April.
All Winter Wheat is projected at 1.19 billion bushels, down 6% from a year ago. The winter wheat yield is projected at 48.1 bushels per acre, down 2.1 bushels from last year.
Hard Red Winter Wheat is projected at 647 million bushels, slightly above the pre-report average estimate. Hard Red Winter Wheat production is forecast to be down 14% from last year's crop. Soft Red Winter Wheat is projected at 315 million bushels, up 8% from a year ago. White Winter Wheat is projected at 229 million bushels.
Northwest Farm Credit Services’ Montana State President Bill Perry has been promoted to Executive Vice President-Lending and Insurance at the company. Megan Shroyer, currently the company’s Montana Senior Vice President-Credit, has been promoted to replace Perry as Montana State President.
The premier event of the Montana Bale Trail is the annual WHAT THE HAY contest. This amazing display of whimsical, cleverly decorated and sculpted hay lines a 22-mile route from Hobson to Utica to Windham. This years event will be held on September 9th. Expect to see over 50 hay bale sculptures. People’s Choice Ballots will be handed out at the contest entrances in Hobson and Windham, beginning at 8 a.m. Live ballot voting ends at 5 p.m.
Helena, Mont. - The Montana Department of Agriculture’s annual Pesticide Disposal Events will be held in several locations across Montana during September. The collection events will be held September 18 in Havre; September 19 in Great Falls; September 20 in Bozeman; and September 21 in Columbus. The annual events have collected more than 586,860 pounds of waste pesticides since it began in 1994.
DENVER (August 10, 2018) - The National Cattlemen’s Foundation is now accepting applications for the W.D. Farr Scholarships for the 2018-19 school year. Two annual $15,000 grants will be awarded to outstanding graduate students who demonstrate superior achievement in academics and leadership and are committed to beef industry advancement. The awards will allow the students to further their study in fields that benefit the industry.