Will a MONSTER Brazilian Bean Crop Drag Grains Lower??

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  • Опубликовано: 13 дек 2024

Комментарии • 54

  • @DennisSnodgrass-u9r
    @DennisSnodgrass-u9r 22 часа назад +5

    Really enjoy your report. Matt is a great common sense guy.
    Keep up the good work!

  • @jonathanpoynter1491
    @jonathanpoynter1491 23 часа назад +7

    There will be more corn acres in 25 for sure but going corn on corn is going to get tight on guys breakeven with the extra fertilizer needed, more tillage and fuel usage and drying costs if the crop doesn’t dry down well next year. Really makes sense to keep the same rotation and be slightly heavier on corn

  • @paulanderson7893
    @paulanderson7893 23 часа назад +6

    Winter time is a great time to have a drought. I don't want moisture until i have the crop in the ground in May

    • @10-4-q6i
      @10-4-q6i 22 часа назад +1

      I’m not near that finikey, I’ll take it anytime, you must not know what it’s like to go months without rain

    • @kalburiumstormbreath
      @kalburiumstormbreath 14 часов назад

      @paulanderson7893 Careful what you wish for. Didn't get any precipitation until May and it didn't quit until July. Worst yields I've ever seen.

  • @JB-gz2vu
    @JB-gz2vu 21 час назад +2

    SW Michigan here. I wouldn’t expect much change in rotations. There’s already a lot of corn on corn. Hopefully some marginal ground will drop out of production. I’d guess 93 million acres max for corn.

  • @jimmy999-z2j
    @jimmy999-z2j День назад +2

    Good info

  • @Luke-br1hr
    @Luke-br1hr 23 часа назад +4

    Cotton in North and South Carolina seems to be yielding good, at least with everyone I have spoken to. The only good crop many have had this year is the old king cotton

  • @thofer6002
    @thofer6002 21 час назад +7

    all the money given to grain farmers the last few years plus record prices we shouldn't need a bailout

  • @scottsmith6631
    @scottsmith6631 21 час назад +2

    Great discussion, as usual. $11.70 break-even price for soybeans? Oof-dah!

  • @tomtibbits4423
    @tomtibbits4423 22 часа назад +1

    I don’t plan to change my rotation, a few acres might switch from grain sorghum to corn. That one is a toss up because of the lower seed price makes it pencil better particularly on tougher fields and thrive on hot overnight temps. New crop sunflower gross prices keep it about even with soybeans. My hrw is off to a decent start, it looks like planting 1 acre was too much as it is priced $2+ below production costs.

  • @MorrisL-sq6ho
    @MorrisL-sq6ho 22 часа назад +2

    Outside of a weather issue in S America and/or in the US now through next year to give a shot to lock better prices, or government assistance, many producers will have to throw in the towel by the end of next year. Low crop prices with super high inputs has never been seen like this before, from what I have gathered anyway. Inputs will only correct so much, but general inflation isn’t going anywhere. More small farms will bow out while the bigger ones gobble them up. This type of consolidation is bad for Ag and the small communities in rural America that depend on those numerous small farms.

  • @paulanderson7893
    @paulanderson7893 23 часа назад +2

    I am McLean County ND with an .80 under basis and a .40 corn basis 35bu bean and 110 bu corn aphs. Looks like 55 percent corn next year and 35 beans and 10 percent peas

  • @sandsock
    @sandsock 23 часа назад +3

    ''We have world ending stocks in grain'' ~ Joe Vaclavik soundbite of the year.

  • @debi5292
    @debi5292 22 часа назад +7

    It gets down to cost of production. If you bought record high ground, fill the machine shed with new paint, and built a new house, I don't feel sorry for you at all.
    One must learn to pace one's self. Self discipline required.

    • @wisfarmer-we6gm
      @wisfarmer-we6gm 22 часа назад +2

      My son works for a JD dealership here in southern Wisconsin and they have sold 7 new combines this winter already and it only December.

  • @JustinBarkman
    @JustinBarkman 23 часа назад +3

    1/3 of my acres that was supposed to be beans next year is wheat . Didn't like what I was hearing from Brazil and i have a good straw market so i went with more wheat

  • @joesperfslage3562
    @joesperfslage3562 22 часа назад +1

    Our farm is reducing bean acres as much as possible. Growing as much corn as we can logistically handle and have been forward marketing aggressively.

  • @wadepregitzer2532
    @wadepregitzer2532 22 часа назад +1

    Corn and beans acres about the same, Maybe 10 % swing to corn. Due to wheat and rye in with good fall weather,
    Its all speculation till weather in May.

  • @EricCarlson-bz2pt
    @EricCarlson-bz2pt 23 часа назад +6

    When will the USDA subtract the acres lost to solar and wind?

  • @davehughesfarm7983
    @davehughesfarm7983 День назад +8

    Hello 8 dollar beans

  • @robdorman8802
    @robdorman8802 21 час назад +3

    92 mil corn acres max......I know one guy going beans on beans simply due to cost....time will tell

  • @mvanhasenheimer
    @mvanhasenheimer 23 часа назад +3

    Budget needs to include operator draw or wouldn't it be considered a hobby.

  • @jaripukki267
    @jaripukki267 День назад +4

    bigger Brasilian crop means smaller exports on US beans, as China buys first from Brics countries. So it can be concluded that US bean price is crashing to level of 7 to 8 dollars max, as importers can set the price

    • @chillxxx241
      @chillxxx241 22 часа назад

      The US should be using the stronger dollar to purchase Brazilian crop and production, but that would be the smart thing to do so…

    • @hoffrun
      @hoffrun 21 час назад +1

      Per Chat GPT but just asking the basic question, the overall cost per acre to grow soybeans in the USA is $720 per acre....in Brazil it's $390 per acre. Joe, anyway to dig into this.

    • @chillxxx241
      @chillxxx241 20 часов назад

      @@jaripukki267 The US is providing billions of dollars each year to fight climate change and millions to Brazil directly to prevent Amazon deforestation. Meanwhile, China invests billions to Brazil to grow more beans. It would make more sense for the US to invest in production in Brazil and employ best practices and potentially reduce the need for expansion.

    • @jaripukki267
      @jaripukki267 17 часов назад

      @@chillxxx241 true, but that will destroy US domestic production

    • @chillxxx241
      @chillxxx241 17 часов назад

      @ Previous administrations have paid farmers not to farm. Has this changed?

  • @GrainMarketsandOtherStuff
    @GrainMarketsandOtherStuff  День назад +1

    Good morning! How many acres of corn will US farmers plant in 2025? For reference, 2024 US corn plantings totaled 90.7mil acres.

    • @ttanne7838
      @ttanne7838 23 часа назад

      How many acres? Other uses? (maybe grow houses and solar farms in Iowa) Have YT block this comment please!

    • @davidadcock3382
      @davidadcock3382 7 часов назад +1

      If the insurance price is $4.40 we will have 88 to 89 million acres of corn. Remember there is a lot of 120 bushel or less corn ground in this country that the corn is fed on the farm. Why grow corn that cost you $5.00 to grow it when you can go fishing and buy your corn for $4.00? You will be surprised how much less dry fertilizer will be used this year even in Prime Corn Country.

  • @kalburiumstormbreath
    @kalburiumstormbreath 23 часа назад +2

    Well, should I sell my stored beans now?

    • @agger838
      @agger838 23 часа назад +2

      The only thing that could help beans is january report or a turn of weather in brazil

    • @kalburiumstormbreath
      @kalburiumstormbreath 14 часов назад

      @agger838 Well, the way things are going, everyone seems to think we'll have $8 beans come June. What's a guy supposed to do? Lol $9.95 at the crush plant looks better than $8 in the 🔮

  • @curtisbrendemuhl-qs4su
    @curtisbrendemuhl-qs4su 22 часа назад +1

    More corn less wheat planned, wheat price and outlook is horrible. Beans less expensive to grow than wheat so bean acres will stay the same in 2025 on my farm even though bean prices will likely stink as well😬..

  • @Nemorowcropper
    @Nemorowcropper День назад +1

    94-95 million

  • @Mark-qq5po
    @Mark-qq5po 23 часа назад +5

    $4/a plus $100/a trump cash will keep the corn coming. Federal gov always wants the farmer to grow corn. $50/a trump bucks will keep the soybean planting in gear also. I predict no change in acreage mix for 2025.

    • @kevinnoah-i4o
      @kevinnoah-i4o 20 часов назад +1

      Trump ruined our grain prices again.

    • @davidadcock3382
      @davidadcock3382 7 часов назад

      Don't count your chickens before your eggs hatch!

    • @kevinnoah-i4o
      @kevinnoah-i4o 6 часов назад

      @@Mark-qq5po Get a job. Not a Government check.

  • @harryvannest6339
    @harryvannest6339 22 часа назад +1

    If you're going to use grains for biofuel and increase grain production and USA demand you have no choice scientifically not to have carbon capture and pipelines to use it

  • @conradowaihrich
    @conradowaihrich 18 часов назад

    CONAb is always wrong.

  • @paulanderson7893
    @paulanderson7893 23 часа назад +6

    The tariffs threats are just that. Mexico folded like a cheap card table in 20 minutes. Canada folded in 4 days

  • @michaelpaulzine6486
    @michaelpaulzine6486 19 часов назад

    plant more CRP acres. Supply Side Reaganomics of the 80's. Who is ready to trade PIK certificates? I enjoy your reports daily. excellent work.

  • @danielakin7638
    @danielakin7638 22 часа назад +5

    Good grief I know the farm economy is not good right now. I am a farmer and believe me I know, but could there be a little more negativity on this podcast good Lord it’s like no matter how bad I might think it is you guys act like it’s 10 times worse I gotta have a little hope even when the prices have gone up, it is always a negative slant when I listen to this podcast

    • @GrainMarketsandOtherStuff
      @GrainMarketsandOtherStuff  22 часа назад +4

      There is no spin here. We just tell you what's happening. We led off with friendly news on Wednesday.