USDA economists expect farmers to increase plantings of corn this spring while reducing their soybean production as the Trump administration's ongoing trade war with China remains unsettled. Record amounts of meat and milk production are projected.
WASHINGTON, Mar. 1, 2017 - Trade worries, low commodity prices and shifting consumer preferences are all contributing to an uncertain economic picture for farmers, industry representatives told a full house at the opening session of USDA’s Agricultural Outlook Forum (AOF) last week.
ARLINGTON, Va., Feb. 24, 2017 – U.S. farmers will harvest 14.065 billion bushels of corn this year, down 7 percent from a record 15.148 bushels estimated for the 2016 crop, USDA projected today at its annual Outlook Forum. Soybean and wheat output is also expected to …..
WASHINGTON, Feb. 23, 2017 – The leader of the biggest U.S. farmer group says American agriculture is experiencing something of a Charles Dickens moment, benefiting from what he called the “the best times” while simultaneously dealing with the “worst” of times.
WASHINGTON, Feb. 23, 2017 - Farmers are expected to produce nearly as many acres of soybeans as corn this year as growers respond to a relatively stronger increase in soybean prices, according to the Agriculture Department.
WASHINGTON, Feb. 23, 2017 - USDA’s 93rd annual Agricultural Outlook Forum kicks off today outside the nation’s capital. House Agriculture Chairman Mike Conaway will keynote the morning session, and the crowd will also hear from President Trump’s nominee for ambassador to China, Iowa Gov. Terry Branstad.