Cotton

American agricultural exports in fiscal year 2023 are projected at $184.5 billion, down $5.5 billion from the November forecast.  The export forecasts for all major commodity groups are down, with the largest drops projected for corn, sorghum, and soybeans.  Corn ex...

The USDA is out with the final Ag trade numbers from December, closing the books on 2022.  USDA’s Bart Kenner said December was a record December for exports $17 billion worth of sales.  He said that puts calendar year 2022 export sales at a record high $196 billion beating 2021's record by $20 billion, but he noted, “most of the gains in exports came from unit value increases from higher prices a

It was January 15th, 2020 when the U.S. and China signed the Phase One Trade agreement, which the Trump Administration said tore down major market barriers for American food and Ag exports.  The long-term hope was China would committee to buying even larger amounts of U.S. produc...

Total U.S. farm cash receipts are forecast to increase 24% in 2022 compared with 2021.  But total farm production expenses are also expected to be way up this year compared with last year.  Sean Ellis with the Idaho Farm Bureau Federation said the picture is a rosier in the Gem State.   “Idaho far...

The main exported American commodities, wheat, corn, soybeans and cotton, saw exports increase very nicely over the past fiscal year, but those were not the only crops to enjoy eye-popping numbers in Fiscal Year 2022.   "Dairy product exports were up 25% in terms of value and FY22 it was just over $9 billion and then FY21 it was $7.3 bi...

The share of acreage for major cash crops—wheat, corn, soybeans, and cotton—that are planted using conservation tillage has increased over the past two decades in the United States.  According to ERS, farmers reported employing conservation tillage on the majority of acres of wheat at 68%, 76% of corn acres, and 74% of soybeans.  Conservation tillag...

NASS announced Tuesday the agency will review all available acreage data for select crops.  The agency said it will review planted and harvested acreage for chickpeas, corn, cotton, dry edible peas, lentils, peanuts, rice, sorghum, soybeans, and sugarbeets, in preparation for the September Crop Production report.  The rev...

There are a lot of things you can say about high commodity prices.  They make export values look really good, but sometimes those high prices can reduce the actual amount of product that overseas buyers are willing, or able to buy from American producers.  Th...

Projected US Ag trade continues to reach record numbers. USDA Chief Economist Seth Meyer said the 2nd quarter trade forecast indicates: "The current year we're in now: exports estimated at a record $191 billion." Up by $7.5 billion from February's estimate, fueled by across-the-board rises in exported commodities ...

The 2021 calendar year has the honor of being the best U.S. agricultural export year, with record sales valued at $177 billion; up 18% from 2020. One reason for the record setting year was how it ended. With November sales the highest of any month in history and follow that with December, which USDA Economist Bart Kenner noted had the highest December exports on record ...