USDA Finally Admits It - Corn Demand is STRONG

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Комментарии • 32

  • @BK5250
    @BK5250 7 часов назад +7

    We are substituting a lot of our bean acres with sorghum and sunflowers. Both of those pencil out better for us at the moment. We have some decent markets for those crops here in central PA.

  • @michaelrust7614
    @michaelrust7614 6 часов назад +4

    I think that in Illinois, the acres will not change significantly. The 50/50 is usually the split. The part that you left out is weather. As we finish with 4th year of poor subsoil recharge. Some major meteorologist are concerned with central states going dryness next year. Corn worse choice if that should happen. Farming... Welcome to Vegas folk's. 😊

  • @wardlaw10101010
    @wardlaw10101010 4 часа назад +3

    Why would a farmer chose to lose money to let everybody else that touches their commodity make money. The seed company makes a profit, fertilizer company makes profit, trucking company, harvester, elevators, cargile, and processor and delivery of processed corn to consumers. Time to fallow some ground all across the world and when the consumer is hungry we will have a profitable farm program. But why must a farmer lose their farm to stimulate the economy

  • @DrFarmerKnight
    @DrFarmerKnight 8 часов назад +3

    Here's what Mackenzie is thinking at 4:50...."Dang it Joe! We didn't practice this!" lol

  • @kalburiumstormbreath
    @kalburiumstormbreath 8 часов назад +4

    Well, guys, I think it's time to brush up on my bartending skills. Does anyone wanna buy a boat? Snowmobile? Camper? Lol

  • @sandsock
    @sandsock 7 часов назад +6

    planting the same or 5 acres less. probably looking for better genetics. locally folks were 35 bushels less than usda says we had in ohio. usda needs to revise what was actually harvested by alot.

    • @don66hotrod94
      @don66hotrod94 7 часов назад +3

      Same here, corn looked good from the road, not so good in reality.

  • @jayk3551
    @jayk3551 6 часов назад +2

    This doesn't look like front loading of exports.

  • @LtColDaddy71
    @LtColDaddy71 7 часов назад +5

    The conundrum is that over all, we over produce. We’re looking at supply side solutions/ efficiency, which is great for many reasons. But we just cause more over supply. We can’t cut production as a solution. There is plenty of dirt out there. Someone will grow it if we don’t. We’ll end up producing less, AND still getting less. A death blow.
    So the solution is on the demand side, and I see that as E-15 fuel.

    • @ttanne7838
      @ttanne7838 7 часов назад +2

      Even E11 would help a lot.

    • @LtColDaddy71
      @LtColDaddy71 6 часов назад

      @@ttanne7838 yes, add a point every year or two, prolong the benefit.

  • @merleelsing2211
    @merleelsing2211 Час назад

    No acreage change for me! 50/50 and try to cut somewhere and get more efficient!

  • @MattGorecki-n4w
    @MattGorecki-n4w 8 часов назад +3

    Just food for thought, but if lenders squeeze funding to some farmers that are rolling over debt I think they have 2 bad options. 1 plant beans that without a rally just look ugly on a break even right now. Or 2 plant corn with cutting imputs like fertilizer or fungicide if so yeild will be down.

  • @EricCarlson-bz2pt
    @EricCarlson-bz2pt 8 часов назад +1

    Corn on corn everywhere.

  • @edniemyjski3303
    @edniemyjski3303 5 часов назад +2

    thats like asking her would rather go to jail or go to prison,we are all getting tired of having are hands tide behind are backs,it just dont make sence doing it with either crop and the banks are telling us.

  • @chillxxx241
    @chillxxx241 7 часов назад +1

    There are rumors of an Argentina “free trade” deal with the US. How would this impact US agriculture?

  • @waylinvanhalen
    @waylinvanhalen 2 часа назад

    Milo n sunflowers in 25

  • @don66hotrod94
    @don66hotrod94 7 часов назад +1

    Remember when there used to be a recession every 5-7 years? Just paper it away, now.

  • @GrainMarketsandOtherStuff
    @GrainMarketsandOtherStuff  8 часов назад

    Good morning! What's your early projection for 2025 US corn acres? US farmers planted 90.7mil acres of corn in 2024.

  • @brucebruhn5620
    @brucebruhn5620 8 часов назад +2

    Someone tell Farm Journal

  • @aaronswanson6719
    @aaronswanson6719 4 часа назад

    The only reason corn and soybeans both lose money is from farmers running up their own cash rent and over upgrading equipment to do it

  • @HillCountry11
    @HillCountry11 6 часов назад +1

    If we have the wheat they say in the world and 60% is locked up in China we then, if figured correctly using the numbers we are give, have 25% of the world available stocks here? Seems exports must increase.

  • @brucebruhn5620
    @brucebruhn5620 8 часов назад +1

    Analytics win championships. Oh wait

  • @scottsmith6631
    @scottsmith6631 5 часов назад

    95 million acres of corn in 2025.

  • @ttanne7838
    @ttanne7838 7 часов назад

    What if game :: corn yield goes up 3 bushels next year? What about bad weather, down only 10 bushels?

    • @GrainMarketsandOtherStuff
      @GrainMarketsandOtherStuff  7 часов назад

      Pete and I discussed this in a premium video earlier this week. Lots of possibilities.

  • @scottsmith6631
    @scottsmith6631 5 часов назад

    Serious question? Why is there worry about China's finances when they run over a $2 Billion trade surplus PER DAY?