Organic producers are once again confronting extreme weather this growing season. Dry weather in parts of the corn belt gave way to heavy rains last week. Thunderstorms deluged parts of the Upper Midwest, flooding fields and creating local wind and hail damage.
77% of Iowa’s corn crop was rated good to excellent as of June 23. Nationally, 69% of the corn crop is rated good to excellent, a 3% decline week over week, but a full 19% higher than last year.
Many are speculating about the timing of a shift from El Nino to La Nina, which has persisted longer than some models projected. More active weather with increased precipitation in the corn belt is characteristic of El Nino, which developed in early 2023. The drier conditions of La Nina could cause problems for crops at key developmental stages.
Harvest of Soft…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...