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The race for profits starts now

Alex Nabaum
Buoyed by high prices and fatter margins, upbeat farmers hope to get crops off to a smart start.
Eric Doolittle spent the winter plotting to make the next eight weeks as painless as possible. But even he knows the crop plans his farm team put together might need to be shelved and reworked at least once this spring.
“You think it’s going to run like clockwork, and then Mother Nature throws you a curveball,” says Doolittle, who grows corn and soybeans near Williams, Iowa. “It might rain here and 10 miles away it didn’t rain a drop, so you have to revamp and retool your plans. The ability to ‘make it up as you go’ is real because it can get really chaotic, really fast.” ....

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Farm Futures survey shows higher corn acres in 2021

According to a new Farm Futures survey, U.S. corn producers say they will increase corn acreage 4.1% from year prior, to 94.7 million acres in 2021.
If realized, 2021 corn acreage will be the third largest over the past 75 years, trailing only 2012 (97.3 million acres) and 2013 (95.4 million acres) acreages. Based on a conservative trendline yield estimate of 177.4 bushels per acre, 2021 corn production could reach 15.3 billion bushels, besting 2016’s record haul of 15.1 million bushels as the highest U.S. corn output on record.
The January 2021 survey of 806 farmers shows farmers favor planting more corn this spring, although planting intentions for both corn and soybeans are up from 2020 levels. And a fair number of farmers intend to stick with their usual crop rotation. ....

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Morning Market Review for Feb. 5, 2021

Morning Market Review for Feb. 5, 2021
farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.

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Morning Market Review for Jan. 28, 2021

Morning Market Review for Jan. 28, 2021
farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.

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Morning Market Review for Jan. 7, 2021

Morning Market Review for Jan. 7, 2021
farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.

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