Balanced Reporting. Trusted Insights. Monday, August 26, 2019

Rural

USDA survey projects higher corn acres, fewer soybeans

Corn futures fell sharply after USDA projected that farmers would plant more corn acres this year, and the department reported that there is more grain in storage than analysts expected. USDA’s Prospective Plantings report projected soybean acres to be lower than last year.
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Boswell defends ERS, NIFA moves to skeptical Dems

A USDA senior adviser acknowledged “missed opportunities to engage stakeholders” on the department’s plan to move the Economic Research Service and National Institute of Food and Agriculture outside the Washington, D.C., area, but said the relocations would benefit both employees and taxpayers.
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Disaster bill expanding, but future cloudy

The Senate is expanding a long-stalled disaster assistance bill to aid farmers and ranchers swamped by recent Midwest floods, but it’s still not clear when Congress will pass the legislation due to a dispute between the White House and House Democrats over funding for Puerto Rico.
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