Higher Corn Prices Could Impact The Feeder Cattle Market

With the latest grain stocks report showing 50 million fewer bushels of corn in the bin, this could have an impact of the cost of feeding cattle. Livestock market economist Dr. Darrell Peel says tighter corn supplies are pushing corn prices over $5 per bushel, heading towards $6, and the cost of gain for feedlot […]

Northwest Vegetable Production Mixed In 2020

Vegetable production across the Northwest was a mixed bag last year. According to NASS, onion production in Idaho were valued at $68.3 million, up 4% from 2019. Oregon onions had a total value of utilized production of $119 million, up 9% year over year. Meanwhile Washington onions were valued at $136 million, down 25% from […]

Study Shows Precision Agriculture Improves Stewardship

A New Study shows that widely available precision agriculture technology improves environmental stewardship while providing a solid economic return for farmers. “We’re living in a new age of technology, and the equipment can have an enormous positive impact on farmers and the environment,” says Curt Blades, Senior Vice President of Agriculture at the Association of […]

NASS: All Wheat Stocks Stored in NW Up 9% From 2019 Figures

According to the 2020 numbers released by NASS, all wheat stocks in storage across the Northwest were up 9% year over year. As of December 1st, 84.7 million bushels of wheat was being stored in Idaho, up from 77.9 million bushels a year earlier.  Off-farm stocks were up 19%, while on-farm stocks were down 3% […]

Grain Prices Should Improve in 2021

According to the USDA, global grain stocks in 2021 will likely be about 1.5% higher, year over year, reversing the downward trend observed over the past couple of years. Despite the rise in global supplies, USDA forecasts higher corn, wheat, and barley prices than in the 2019-2020 marketing year. The average corn price is projected […]

2021 Commodity Classic Will Be “Delivered Straight To Your Farm”

Like a lot of other agricultural events, the Commodity Classic will be going virtual in 2021. Due to the restrictions brought on by the coronavirus pandemic, America’s largest farmer-led, farmer-focused agricultural and educational experience will be coming right to farms across the country in a digital format March 2nd-5th. Commodity Classic organizers said, “While we’re […]

FY2020 Ag Exports Finished The Year Strong

Despite the challenges before the farm community throughout Fiscal Year 2020, Ag export values have slightly trailed 2019 numbers. And USDA economist Bart Kenner noted it was obvious in August that for 2020 sales to meet USDA’s target forecast of $135 billion Americans would need to have a very good September; and that’s exactly what […]

Predicting Ag Numbers Challenging Right Now

On Tuesday, the USDA will be out with their new domestic exports, stocks, and prices of current crops projections. Outlook Chairman, Mark Jekanowski, said it’s going to be hard for his group to pin it down given the dramatic market movements of late. “We’ve been selling a lot to China a lot of commodities, soybeans […]

USDA: Prices Index Up In September

Friday’s USDA Ag report shows the prices received by farmers nationwide increased for nearly every commodity in September. And as Gary Crawford explains that pushed the September Price Index Up 0.9% from August’s numbers, and roughly 1% higher than September a year ago. If you have a story idea for the PNW Ag Network, call […]

AFBF: Phase One A Win For American Ag

The American Farm Bureau Federation says Phase One of the trade deal with China has been a success. Farm Bureau Senior Congressional Relations Director Dave Salmonsen disputes some media and social media claims that Phase One, which is still short of annual targets, is a “failure”. “Oh, absolutely not. I think you have to look […]