The USDA has scheduled the 2025 March Prospective Plantings report for March 31, 2025. Our economic model suggests a 1% increase in corn area for 2025, a 3% reduction in soybean planted acres and a 2% increase in wheat area. USDA’s baseline forecast suggests a 3% increase in sorghum plantings Read more…
We estimate all hogs and pigs in the US on March 1,2025 were just one half percent larger than a year ago. Our March inventory calculation assumed USDA’s winter sow farrowing forecast derived from data obtained in the December 2024 US hog census and a trend of pigs saved per Read more…
We estimate March 1 US soybean stocks at 1.95 billion bushels compared to 1.85 billion bushels a year earlier. The US soybean crush level ran at a record pace this winter helped by strong soybean meal export demand. Soybean exports exceeded the previous year but will drop off sharply this Read more…