Pharmco

Agronomy News

Progress on Phase One Trade Deal with China, Questions on Ag Purchases Remain
11/12/2019

Reuters writer Dominique Patton reported last week that, “China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on [Oct. 14th], cautioning that getting there is contingent on removing substantial technical and political hurdles.” The Reuters article noted that, “But Darin Friedrichs, senior Asia commodity analyst at […]


Projected Yield and Revenue Changes from 2018 to 2019 for Corn and Soybeans in the Midwest States
11/12/2019

Crop revenue changes from 2018 to 2019 will vary across Midwest states for both corn and soybeans. State in the eastern corn-belt — Illinois, Indiana, and Ohio — likely will have revenue declines because of yield decreases. Western corn-belt states are not projected to have large yield declines. Possibly, price increases could offset yield decreases […]


U.S., China Phase One Trade Deal Progresses, as China Purchases Some U.S. Soybeans
11/12/2019

Bloomberg writers Michael Hirtzer and Tatiana Freitas reported last week that, “China is clearing the way for more purchases of American soybeans in an apparent boon for U.S. farmers. There’s just one thing getting in the way — cheap Brazilian supplies. “As Beijing and Washington edge closer to an initial trade resolution, the Asian nation is said to have granted tariff waivers on […]


Soil Temperatures and Fall Ammonia Application
11/12/2019

According to NASS, Illinois producers harvested 36 percent of the corn crop and 52 percent of the soybean crop by October 20. That’s still behind the average pace of harvest, but harvest continues in many areas this week, and as it progresses, fields in many areas are becoming available for fall field work to begin. […]


Cattle Feeders Place More Heifers on Feed
11/12/2019

USDA’s October Cattle on Feed report, released on Friday, October 25th, indicated that the nation’s on feed inventory of 11.3 million head was about 1% smaller than a year ago, but still more than 4% larger than two years ago. Although the total number of cattle on feed was smaller than a year earlier, there were more […]


USDA Establishes Domestic Hemp Production Program
11/12/2019

U.S. Secretary of Agriculture Sonny Perdue today announced the establishment of the U.S. Domestic Hemp Production Program. This program, as required by the 2018 Farm Bill, creates a consistent regulatory framework around hemp production throughout the United States. “At USDA, we are always excited when there are new economic opportunities for our farmers, and we […]


The Case for Looking at the ARC-IC (ARC-Individual) Program Option
11/12/2019

ARC-IC (Agriculture Risk Coverage – Individual) has received less attention than ARC-CO (ARC – County) and PLC (Price Loss Coverage).  ARC-IC is operationally more complex, thus harder to explain and understand.  It pays on only 65% of program base acres while ARC-CO and PLC pay on 85% of base acres.  Nevertheless, ARC-IC is worth considering […]


U.S. Pork Belly Supplies Higher than in Decades
11/12/2019

The future of U.S. pork belly supplies isn’t so clear despite reports of an impending bacon shortage in 2020, according to a Texas A&M AgriLife Extension Service economist. David Anderson, Ph.D., AgriLife Extension economist, College Station, said numerous recent reports regarding a bacon shortage in 2020 could be based more on expectations than current reality. Anderson said […]


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