World Agriculture Outlook

USDA Lowers Milk Production Again
USDA Lowers Milk Production Again
USDA Lowers Milk Production Again
Once again, the USDA has reduced its month over month milk production forecast for 2021-22. "For 2021 that highly reflects lower cow inventories at this point," said World Agricultural Outlook Board Chair, Mark Jekanowski. "But for 2022 we expect those lower inventories, lower cow numbers to continue ...
Seth Meyer to Depart Ag Outlook Board, to Join MU FAPRI
Seth Meyer to Depart Ag Outlook Board, to Join MU FAPRI
Seth Meyer to Depart Ag Outlook Board, to Join MU FAPRI
On Wednesday, the USDA announced Seth Meyer will depart the USDA World Agricultural Outlook Board chair position. Effective July 13, Dr. Mark Jekanowski will become the chair of the board that coordinates, reviews, and approves the monthly World Agricultural Supply and Demand Estimates report, and long-term agricultural projections...
Changes Expected To Wheat Market
As we look to the year ahead, World Ag Outlook Board chair Seth Meyer expects to see some changes for wheat.   "We made some consumption changes in Russia on the back year, which increased stocks. And this is all to get at the point that we increased Russia's wheat export number by 1.5 mi...
Reason For Wheat Growers To Expect Prices To Move Up Slightly
Reason For Wheat Growers To Expect Prices To Move Up Slightly
Reason For Wheat Growers To Expect Prices To Move Up Slightly
U.S. Wheat growers, overall, have enjoyed some price support as of late.  First for the 2017-18 marketing year, “We’re now looking at a $4.70 price for the 2017-18 year, up a little from our previous estimate.”   World Agriculture Outlook Board Chair Seth Meyer, noted there are drought concerns for part of the winter wheat crop as a catalyst for that increase.  As far as the new marketi... Read Mo