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Articles by Increased Consumption
Arkansas Rice: 2021 Acreage Intentions
Photo: Clay Gibson, University of Arkansas Acreage intention surveys for 2021 are currently ongoing, with the Prospective Plantings report due March 31. At this point, since I get this question daily this time of year, I’ll share my thoughts on where it looks like we might be headed based on what we know, and don’t know, right now. Figure 1 shows the harvested rice acreage for Arkansas from 2000-2020.
Arkansas Rice: When to Combine Insecticide Seed Treatments
Rice seed treatments. Photo: Mississippi State University Over the past 5 years we have talked a lot about combinations of insecticide seed treatments and the benefits of combining different seed treatments for control of grape colaspis and rice water weevil. We have been comparing combinations of a neonicotinoid seed treatment (CruiserMaxx or NipsIt Inside) with a diamide seed treatment (Dermacor X-100 or Fortenza) for multiple years now.
Crop Farming: The Importance of Growers Adopting New Tech
Adoption of technology has been important to production agriculture for decades. Through the adoption of technology and improved managerial practices, aggregate agricultural U.S. farm output in the United States tripled from 1948 to 2017 with almost no corresponding increase in aggregate input. For reasons explained below, the adoption of technology in production agriculture is expected to accelerate in the next decade.
WASDE Oilseeds: U.S. Soybean Stocks Significantly Lower Than Last Year
U.S. soybean supply and use projections for 2020/21 are mostly unchanged this month. With soybean crush and exports projected at 2.20 billion bushels and 2.25 billion bushels, respectively, ending stocks remain at 120 million bushels, down 405 million from last year’s record. The U.S. season-average soybean price is projected at $11.15 per bushel, unchanged from last month.
Georgia Pecans: Ambrosia Beetles Are Active
Be on the lookout for Asian Ambrosia beetle in young pecan tree plantings. We have had reports coming in from various locations throughout the state, including Cook County, the Ft. Valley area, and sites in Eastern Georgia as well. As temperatures begin to warm up this week the activity could pick up as well. Due to excessive rain in February many fields are very wet and planting was delayed. These late planted trees, especially in wet areas, are the most likely to be affected.
WASDE Cotton: Reduced Domestic Production, Consumption, Ending Stocks
Mid season cotton field. Photo: Larry Stalcup, AgFax Media This month’s 2020/21 U.S. cotton forecasts show lower production, consumption, and ending stocks relative to last month. Production is reduced 250,000 bales to 14.7 million, based on the March 9 Cotton Ginnings report. The final estimates for this season’s U.S. area, yield, and production will be published in the May 2021 Crop Production report.
WASDE Rice: Projected Prices Increased
Young rice crop. ©Debra L Ferguson Stock Photography The supply and demand outlook is unchanged for 2020/21 U.S. rice this month. The projected 2020/21 all rice season-average farm price is raised $0.20 per cwt to $13.60 with increases in the NASS prices reported to date and price expectations for the remainder of the marketing year. Projected prices for both long-grain and Other States medium- and short-grain are both raised this month to $12.40 and $12.80 per cwt, respectively.
WASDE Coarse Grains: Increased World Production, Trade
Maturing corn ears. Photo: University of Minnesota This month’s 2020/21 U.S. corn supply and use outlook is unchanged from last month. The projected season-average farm price is unchanged at $4.30 per bushel. Global coarse grain production for 2020/21 is forecast 5.9 million tons higher to 1,444.8 million. The 2020/21 foreign coarse grain outlook is for larger production, increased trade, and greater ending stocks relative to last month.
WASDE Wheat: Higher Global Supplies, Increased Consumption
The supply and demand outlook for 2020/21 U.S. wheat is mostly unchanged this month but there are offsetting by-class changes to exports and imports. White wheat exports are raised on continued strong sales and shipments to China and South Korea. Conversely, Hard Red Winter exports are lowered as commitments to several Western Hemisphere markets are below a year ago. The season-average farm price is unchanged at $5.00 per bushel.
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