New crop U.S. cotton, rice ending stocks grow

The USDA’s new crop U.S. cotton and rice ending stocks estimates were up on the month. The rice carryout is now seen at 46 million hundredweight, up 1.5 million from June on expectations for a larger crop and higher imports, along with an increase in rough rice exports. Cotton ending stocks are projected at 5.3…… Continue Reading

Dry conditions improve, MO drought alert stays in effect

Despite the recent rains, Missouri Governor Mike Parson says he’s not quite ready to lift the drought alert, in effect until September 1. “We’re still getting rain in July, which is very unusual for our state,” he says. “If you look at the weather map, there’s 10 to 15 days of nothing to speak of…… Continue Reading

New director of USDA’s Rural Development in IL appointed

The new Illinois director of USDA’s Rural Development says her rural background is helping her fit into the role. Pam Monetti, who was appointed to the position by the Biden administration, tells Brownfield… “I was born and raised in a small, agricultural community, Bunker Hill, which is in Macoupin County.”  She says, “I understand a…… Continue Reading

CME cash dairy prices steady to lower Friday

Cash dairy prices were steady to lower Friday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.51.  No sales were recorded.  Forty-pound cheese blocks were down $0.0650 at $1.89.   Four sales were recorded, ranging from $1.89 to $1.9275.  Cheese barrels were down $0.04 at $1.85. Eight sales were recorded, ranging from $1.85 to $1.8750. …… Continue Reading

USDA winter wheat production guess up on month

The USDA has increased its 2024 U.S. winter wheat production projection. The crop is now estimated at 1.341 billion bushels, up 4% from June partially because of a higher average yield guess, 0.6 higher at 52 bushels per acre, and 7% more than 2023 because of improved yields and a lower rate of abandonment following…… Continue Reading

USDA trims new crop corn, soybean ending stocks

The USDA has lowered its new crop ending stocks estimates for corn and soybeans, while raising the outlook for wheat. New crop corn ending stocks were 5 million lower than June, but still 2.097 billion bushels, with the USDA cutting old crop ending stocks and raising feed and export use estimates, partially canceling out higher…… Continue Reading

Central IL farmer says season has turned around

A central Illinois farmer says Hurricane Beryl’s remnants arrived just in time. Ken Franklin, who grows corn & soybeans in Christian County, says his fields were in rough shape before the rain. “Beryl was a lifesaver for us. Yeah, it really was.”  He says, “I was out spraying some corn a week or 10 days…… Continue Reading

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