The impact of the spring’s wet weather and flooding continues to be present in the U.S. agricultural industry
continue to be present in the U.S. agricultural industry as the USDA works to quantify the impact in its latest acreage report on the industry., released last week, reported a corn planting estimate of 91.7 million acres, which was much more than pre-report surveys were expecting. Industry experts also found the USDA's lower-than-expected soybean planting estimate of 80.0 million acres surprising as it’s the smallest reported planting since 2013.
“With the extremely wet weather from this spring, it’s surprising the USDA reported 83% of intended corn acres had been planted at the time of the survey in early June and assumed the rest of the corn got planted,” says Todd Hultman, lead grain market analyst at . Hultman explains that the wettest states in the Eastern Corn Belt showed no or only slight corn acreage reductions from 2018, which is highly unlikely as June's weather has only recently turned more favorable.
The USDA's National Agricultural Statistics Service branch has already announced a new planting survey for corn, cotton, sorghum and soybeans will take place in July for 14 states and the results will be provided in USDA's Crop Production report on August 12. The summer weather is looking warmer and drier overall with the exception of in the northern Midwest. This includes the wettest areas in Indiana, Ohio and Michigan and Hultman expects there was likely some additional planting that got done and will be reported.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
12 Full-Coverage Foundations These Celeb Makeup Artists Can't Live WithoutThe Pro: Camara Aunique\r\n'Clinique's Even Better foundation has moderate but buildable coverage that allows you to control how much is applied. I sometimes use La Mer's Foundation brush to apply the foundation because its super soft and controls the amount of foundations I use or a wet beauty blender for a lighter natural finish.'
Consulte Mais informação »
Trump keeps talking about 'quantitative tightening,' but he's overstating its impactThe program does not, as Trump suggested a few days ago, pull $50 billion a month out of the economy.
Consulte Mais informação »
UK's Johnson says impact of no-deal Brexit would be very, very smallBoris Johnson, the favorite to become Britain's next prime minister, said o...
Consulte Mais informação »
U.S. coach Ellis hails Ferguson's impact on England boss NevilleIt was no surprise that Phil Neville had made great strides with England's ...
Consulte Mais informação »
Grace Jones, Teyana Taylor & More Slay at NYC Pride Island Day One Despite WeatherOn Saturday (June 29), supermodel and recording artist Grace Jones took to the stage at New York City's Pier 97 for the annual Pride Island festival to deliver a stunning performance of some of her greatest dance hits to a crowd of screaming fans.
Consulte Mais informação »