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USDA Too Optimistic on Ohio?? Monster Crops in South Dakota (Crop Tour)

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Manage episode 501186630 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.

0:00 Ohio and SD Tour Findings
4:36 Brazilian Corn is Expensive?
7:18 USDA Solar/Wind Funding
11:12 Crop Conditions/Progress
13:49 Big Russian Wheat Crop
14:33 Grain Shipments

🌽 Welcome back! Today we’re breaking down the latest Pro Farmer Crop Tour results, fresh updates from Brazil, big USDA policy news, and the latest on US crop conditions and exports.
🌾 Pro Farmer Crop Tour Findings
🚜 South Dakota: Corn yield pegged at 174.2 bpa, up 11% from last year and 21% above the 3-year avg. Soybean pods up 16%. Scouts very impressed—ample summer moisture means record yields possible.
🌱 Ohio: Corn yield estimated at 185.7 bpa, a new record, +1.3% vs last year and +2.9% vs 3-year avg. Soybean pods up 4.7%, but scouts found huge variability due to early/late planting, spring replanting, and summer dryness.
šŸ‡§šŸ‡· Brazil Crop Update
🌽 Second corn harvest 94% complete (AgRural).
šŸ“ˆ Conab raised total corn crop estimate to 137 mmt, USDA steady at 132 mmt.
🌱 New 25/26 crop planting 1.6% complete, well ahead of last year.
🚢 Despite big supply, Brazilian corn is $13/ton (33¢/bu) more expensive than US corn on export markets.
⚔ USDA Ends Wind & Solar Support
šŸ›‘ USDA Sec. Brooke Rollins announced the end of wind/solar support on farmland.
šŸŒ USDA argued such projects threaten future farming & food security.
šŸ’° Until now, USDA pumped billions into renewables.
🌾 Only 0.5% of farmland was used for turbines/solar—and most stayed in production.
🌽 US Crop Conditions
Corn rated 71% G/E (down slightly, still 2nd highest in 10 years).
Soybeans steady at 68% G/E, well above average.
🚨 Weak spots: OH, MI, KY, IL.
Corn 3% mature, beans 82% setting pods.
🌾 Wheat Update
Spring wheat 50% G/E (up, but well below avg).
Harvest is 36% complete; winter wheat 94% done.
šŸŒ Russia raised wheat crop outlook to 85.5 mmt with exports at 42.5 mmt.
🚢 Exports & Sales
Corn exports: 1.1 mmt (down sharply vs last week/year).
Soybeans: 474k mt, mixed but stronger vs last year.
Wheat: 395k mt, near low end.
šŸ“¢ Flash sale: 124k mt corn sold to unknown buyers for 25/26.
Don’t forget to like šŸ‘, subscribe šŸ””, and comment šŸ’¬ with your thoughts on the Crop Tour results—do you think South Dakota will set a new record this year?

  continue reading

1526 episodes

Artwork
iconShare
 
Manage episode 501186630 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.

0:00 Ohio and SD Tour Findings
4:36 Brazilian Corn is Expensive?
7:18 USDA Solar/Wind Funding
11:12 Crop Conditions/Progress
13:49 Big Russian Wheat Crop
14:33 Grain Shipments

🌽 Welcome back! Today we’re breaking down the latest Pro Farmer Crop Tour results, fresh updates from Brazil, big USDA policy news, and the latest on US crop conditions and exports.
🌾 Pro Farmer Crop Tour Findings
🚜 South Dakota: Corn yield pegged at 174.2 bpa, up 11% from last year and 21% above the 3-year avg. Soybean pods up 16%. Scouts very impressed—ample summer moisture means record yields possible.
🌱 Ohio: Corn yield estimated at 185.7 bpa, a new record, +1.3% vs last year and +2.9% vs 3-year avg. Soybean pods up 4.7%, but scouts found huge variability due to early/late planting, spring replanting, and summer dryness.
šŸ‡§šŸ‡· Brazil Crop Update
🌽 Second corn harvest 94% complete (AgRural).
šŸ“ˆ Conab raised total corn crop estimate to 137 mmt, USDA steady at 132 mmt.
🌱 New 25/26 crop planting 1.6% complete, well ahead of last year.
🚢 Despite big supply, Brazilian corn is $13/ton (33¢/bu) more expensive than US corn on export markets.
⚔ USDA Ends Wind & Solar Support
šŸ›‘ USDA Sec. Brooke Rollins announced the end of wind/solar support on farmland.
šŸŒ USDA argued such projects threaten future farming & food security.
šŸ’° Until now, USDA pumped billions into renewables.
🌾 Only 0.5% of farmland was used for turbines/solar—and most stayed in production.
🌽 US Crop Conditions
Corn rated 71% G/E (down slightly, still 2nd highest in 10 years).
Soybeans steady at 68% G/E, well above average.
🚨 Weak spots: OH, MI, KY, IL.
Corn 3% mature, beans 82% setting pods.
🌾 Wheat Update
Spring wheat 50% G/E (up, but well below avg).
Harvest is 36% complete; winter wheat 94% done.
šŸŒ Russia raised wheat crop outlook to 85.5 mmt with exports at 42.5 mmt.
🚢 Exports & Sales
Corn exports: 1.1 mmt (down sharply vs last week/year).
Soybeans: 474k mt, mixed but stronger vs last year.
Wheat: 395k mt, near low end.
šŸ“¢ Flash sale: 124k mt corn sold to unknown buyers for 25/26.
Don’t forget to like šŸ‘, subscribe šŸ””, and comment šŸ’¬ with your thoughts on the Crop Tour results—do you think South Dakota will set a new record this year?

  continue reading

1526 episodes

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