Wet weather continues to hamper farmers from getting their corn and soybeans out of the field and into the bin. As of Nov. 12, USDA is reporting that 83% of corn acres and 93% of soybeans had been harvested.
The harvesting of U.S. corn and soybean crops is behind schedule compared to last year’s pace and the 5-year average, according to USDA’s Crop Progress report for Oct. 15.
As of May 15, three-quarters of U.S. corn acres are in the ground and a little over one-third of soybeans, according to USDA’s most recent Crop Progress report.
As of May 1, nearly half of U.S. corn acres that are expected to be planted during 2016 are in the ground and soybean plantings is just getting started.
Grain bagging and unloading implements are billed as pieces of iron that help farmers market for profit. Three dealers explain how they’ve approached this new equipment niche.
The September 2018 World Agricultural Supply and Demand Estimates (WASDE) report released on Sept. 12 pushed corn prices down lower with futures down more than 3.5%. According to Farm Futures, larger-than-expected yield estimates and other bearish data pushed futures down nearly 4%. September futures dropped 13.75 cents to $3.4150, while December futures fell 14.25 cents to $3.5250. These conditions make temporary grain storage, like bagging grain, a good option for farmers.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Jason Webster, commercial agronomist with PTI Farm, breaks the results of PTI Farm’s 2024 HIgh Speed Planting Corn Study.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
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