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  • Nov 20, 2012
    blog

    EPA Denies RFS Waiver 11

    The EPA recently announced that it would be denying the request for a waiver of the Renewable Fuels Standard (RFS). The EPA indicated that the agency did not find the necessary evidence to support a finding of “severe economic harm” that would have warranted the RFS waiver to be granted. EPA used a series of economic analyses and modeling done in conjunction with USDA and the U.S. Department of Energy (DOE)....More
  • Nov 13, 2012
    blog

    USDA Increases Expected Soybean Production 6

    The USDA Crop Production report released on Nov. 9 increased the estimated total soybean production in 2012 to 2.97 billion bushels, which is 4% above the 2.86 billion bushel estimate in October. The 2012 soybean production estimate is still 4% lower than the 2011 U.S. soybean production of 3.09 billion bushels, and 11% below the 2010 production level of 3.33 billion bushels. This production increase is a fairly major production adjustment for this late in the year....More
  • Oct 16, 2012
    blog

    USDA Crop Report Increase Minnesota Yield

    The Oct. 11 USDA crop report showed significant increases for both corn and soybean yields in Minnesota, as compared to September crop report. This corresponds closely to actual corn and soybean yields being reported from many areas of the state, which have been better than expected, given the extremely dry weather conditions that existed in several areas. Crop yields in the southwest and south-central parts of the state have been highly variable due to the drought conditions that existed during the last half of the 2012 growing season....More
  • Oct 16, 2012
    blog

    Slow Export Sales, U.S. Imports Pressure Corn 1

    The corn market’s short-lived bullish reaction to last Thursday’s tighter U.S. and world supply estimates from USDA signals that demand concerns will continue to dog market this fall and winter, capping prices....More
  • Sep 25, 2012
    blog

    No Big Corn Stocks Surprise Expected This Time

    Friday’s quarterly Grain Stocks Report is not expected to hold much news for the corn and soybean markets, with the trade expecting Sept. 1 stocks to come in close to USDA’s current old-crop carryout forecasts....More
  • Sep 11, 2012
    blog

    What happens if Congress fails to pass the House Ag Committee farm bill

    Farmers face the prospect of not having a farm bill in 2012 or ever if Congress fails to seize the opportunity presented during the short business session before it returns to the election....More
  • Aug 14, 2012
    blog

    August Crop Report Recap

    Due to the severe drought affecting much of the major corn- and soybean-producing areas of the United States, the Aug. 10 USDA crop report was very highly anticipated. A large percentage of the primary crop-growing areas in Illinois, Indiana, Iowa, Missouri, Nebraska and Kansas are in severe to extreme drought conditions, with major reductions in crop yields. Portions of Wisconsin, North and South Dakota, Ohio and southern Minnesota have also experienced some drought conditions. The USDA crop estimates were based on crop conditions as of Aug. 1, and the USDA crop report verified the severity of the 2012 drought....More
  • Aug 7, 2012
    blog

    USDA Seen Slashing Corn, Soybean Production 4

    USDA is expected to cut its estimate of the U.S. corn crop by 15% and lower its forecast for the soybean crop by 7.6% when it releases its first survey estimate of 2012 production on Friday morning....More
  • Jun 18, 2012
    blog

    #askUSDA Your Questions During Virtual Office Hours 1

    Tomorrow is the time to stretch your digital legs and participate in USDA's Virtual Office Hours chat on Twitter. Discussion will focus on the administration's efforts to create a solid rural America that's through support of broadband, education medical and water quality projects. Deputy Under Secretary for Rural Development Doug O'Brien will host the session and will also discuss USDA efforts to provide homeownership opportunities to limited-income rural residents and help them refinance their homes to take advantage of low interest rates....More
  • May 15, 2012
    blog

    May 10 USDA Reports Bring Mixed Results

    The USDA Crop Production and World Agricultural Supply and Demand Estimates (WADSE) reports released May 10 were regarded as bearish for the corn market and bullish for the soybean market in the coming months. Corn stocks are expected to double by the end of the 2012-2013 crop marketing year, while the ending soybean stocks are expected to be at the tightest level on record by the end of the 2012-2013 marketing year, which runs from Sept. 1, 2012 to Aug. 31, 2013....More
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