Latest WASDE affirms great pricing environment for U.S. soybeans kiwaradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kiwaradio.com Daily Mail and Mail on Sunday newspapers.
Farmers across Indiana are planting crops amid a surge in soybean and corn prices.
The USDA Prospective Plantings Report estimates farmers in the Hoosier state will plant 5.8 million acres of soybeans, up from 5.7 million acres last year; 5.2 million acres of corn, down from 5.4 million acres in 2020; and about 400,000 acres of wheat, up from 300,000 acres the previous year.
The report projects farmers across the country will plant 87.6 million acres of soybeans, which is up 4.5 million acres as compared to last year and the largest amount since 2018. They re also expected to play 91.1 million acres of corn, the most since 2016.
Futures prices are expected to increase 25 cents per bushel for corn and 70 cents per bushel for soybeans. The United Soybean Board projects that a jump in crop futures prices will incentivize more planting, and to expect prolonged supply tightness throughout the year.
MANSFIELD â An innovative and influential farmer near Mansfield has been named the 2020 News-Gazette Farm Leader.
Ken Dalenberg has traveled the world through his work on international soybean organizations and has been an early adopter for the current wave of precision ag equipment, helping test products and tech for everyone from top manufacturers to California startups.
Heâs also helped countless researchers at the University of Illinois, running different trials on the farm heâs expanded since graduating from the UI in the 1970s.
âHeâs very serious about what he does,â Former University of Illinois President and dean of its College of Agricultural, Consumer and Environmental Sciences Bob Easter said. âNot only is Ken focused on ⦠his farming operation and how to make it successful, heâs also very supportive of, engaged in and willing to take time to work on issues of importance to the broader agricultural community.â
This year Commodity Classicâs pivoted from a live showâoriginally scheduled to take place in San Antonioâ to a digital online format has created some unique opportunities for the 2021 Special Edition of Commodity Classic.
The 2021 Special Edition of Commodity Classic featured more than 50 educational sessions that will be delivered digitally direct to farmers across the nation and around the world March 2-5, 2021.