Crop Report October 25, 2023 – The Agricultural Statistics Board Briefing has Some Concerning Yield and Production Trends

October 25, 2023Posted inagriculture, weatherNo Comments

We are at the point now where crop progress may not be what is of most interest. The monthly Agricultural Statistics Board Briefing (It used to be called an Executive Briefing) may be more useful.  The full Briefing can be accessed HERE.  It is simply too long for me to snip that many images and publish them.  What I have done instead is select certain images that will be of most interest and present them instead of the usual crop Progress Report.  But I have included a link to the statistical part of the Weekly Crop Progress Report so that is also available to readers.

 

What is included in the Briefing is a combination of historical information and in most cases the current forecast for what the harvest will be like. In the full Briefing but not included in this article are slides that show how the forecasts have varied month by month and what the current forecast is and what other industry forecasts are. This Briefing is about crops not animals.

Of interest to me is the history of yields and also the history of actual production. In general, that data is concerning. I think most of the slides are self-explanatory so I have not included commentary on each slide.

Crop Report September 21, 2023 – Still Looking Good

September 21, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the September 19, 2023, USDA Crop Bulletin which covers the week ending September 17, 2023. The USDA report usually becomes available on Tuesdays but I was not able to publish it last night but I did so this evening.  The full USDA Crop Bulletin can be accessed HERE

It again seems like an average crop. We are starting to have Production information as well as Progress Reports and this information is included in the article.

The article includes a short international review of agricultural conditions which are generally favorable. I also included U.S. crop-related weather forecasts.

We begin by taking a look at what finally was the impact of former Hurricane Lee

No on to the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

 

Crop Report September 7, 2023 – Crops Look Good – The Price Received to Cost Paid Ratio Not So Much

September 7, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the August 29, 2023, USDA Crop Bulletin which covers the week ending September 3, 2023. The USDA report usually becomes available on Tuesdays but was issued this week due to the National Holiday. The full USDA Crop Bulletin can be accessed HERE.

It again seems like an average crop. Hurricane Idalia seems to have had little if any impact but the reporting may need another week to be sure of that.

The article includes a short international review of agricultural conditions. I also included crop-related weather information. I have included the Agricultural Prices Report and it suggests problems for the agriculture sector.

First, we take a look at the impact of Hurricane Idalia

It did not seem to impact the cotton growing area to the extent I had expected it to do but it certainly impacted the citrus growing area. We do not have a report on the impacts of the storm on citrus this week.  This graphic shows the weather impacts but we do not know how it impacted the crop.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

Crop Report August 30, 2023 – Things are Still Looking Good – Let’s Hope Hurricane Idalia Does Not Do Much Damage.

August 30, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the August 29, 2023, USDA Crop Bulletin which covers the week ending August 27, 2023. The USDA report usually becomes available on Tuesdays. The full USDA Crop Bulletin can be accessed HERE.

It again seems like an average crop. But the recovery of the corn and soybean crops has been remarkable as the drought in the important growing area for those two crops let up. We will have to see what the impact of Hurricane Idalia is on cotton and other crops so the report next week will be of interest.

The article includes a short international review of agricultural conditions. I also included crop-related weather information. I will add the Agricultural Prices Report when it comes out.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

 

Crop Report August 24, 2023 – Things are Still Looking Good

August 24, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the August 22, 2023, USDA Crop Bulletin which covers the week ending August 20, 2023. The USDA report usually becomes available on Tuesdays. I have omitted a number of graphics that are available in the full USDA Crop Bulletin which can be accessed HERE.

It now seems like an average crop or better especially given the recovery of the corn and soybean crops as the drought in the important growing area for those two crops let up.

The article includes a short international review of agricultural conditions. It includes a report on U.S. rice stocks (inventory). I also included crop-related weather information.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

Crop Report August 17, 2023 – Corn and Soybeans have made remarkable recoveries.

August 17, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the August 15, 2023, USDA Crop Bulletin which covers the week ending August 13, 2023. The USDA report usually becomes available on Tuesdays. I have omitted a number of graphics that are available in the full USDA Crop Bulletin which can be accessed HERE.

It now seems like an average crop especially given the recovery of the corn and soybean crops as the drought in the important growing area for those two crops let up.

The article includes a short international review of agricultural conditions. I wanted to include a report on technology use in farming but the August version does not come out until later today so I will add it then.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

World Agriculture Production and More: August 12, 2023

August 12, 2023Posted inagriculture, opinion, weatherNo Comments

Once a month USDA issues two reports on World Agriculture Production. The primary statistical report is issued by the USDA Chief Economist and the USDA Foreign Agricultural Service issues a companion report with is not as extensive but contains maps and other information that is always very interesting. I do not publish this article every month since it is difficult to prepare but this is a time of the year when the information is very relevant and important in terms of:

A. How it might be impacted by Global Warming and

B. The impact on the World GeoPolitical situation.

I am publishing it tonight and I may add some commentary tomorrow.

People like maps and graphs so we will start with those provided by USDA. It does not provide a total picture of World Production but many of what I will provide I think is interesting. There are so many that we will provide them without additional commentary. I am providing all of the maps and graphics but here is the LINK to the report.  This will be followed by the summary from the World Agricultural Supply and Demand Estimates Report which is called WASDE. Here is the LINK to that report.  It contains a lot more information but in table form with no maps and graphics.

Crop Report July 29, 2023 – Crop Condition has Stabilized and May be Improving Somewhat -Where did the Cattle go?

July 29, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the July 25, 2023, USDA Crop Bulletin which covers the July 17 to 23 period of time. The USDA report usually becomes available on Tuesdays and I was not able to publish my article which is based on that report until now. I have omitted a number of graphics but they are available in the full USDA Crop Bulletin and the link to that is at the end of the article.

It now seems more like an average crop but it has not gotten worse which is a relief and it seems that some of the crops are doing better.

There is a recent Executive Briefing focusing on Cattle and I have published it in its entirety but with a minimum of comments. I was curious as to why beef prices were so high at the food stores and I think the presentation explains at least one of the reasons for this.

The article includes a short international review of agricultural conditions.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

 

Crop Report July 19, 2023 – Crop Condition has Stabilized and May be Improving Somewhat – I Need to do More Research on This.

July 19, 2023Posted inagriculture, weatherNo Comments

This article is based primarily on the July 18, 2023, USDA Crop Bulletin which covers the July 10 to 16 period of time while some meteorological data covers July 9 to 15 since the crop reports may really cover that period of time in practice. The USDA report usually becomes available on Tuesdays and I was not able to publish the report from last week. This week’s report drops some of the graphics I usually present and shows some other graphics that relate to a review of June. I do not think that my readership is that interested in a review of the growing conditions Worldwide in June so I am not presenting that information but it is available in the full USDA Crop Bulletin and the link to that is at the end of the article.  I will probably do a review of June weather for the U.S. in a separate article later this week.

It now seems more like an average crop but it has not gotten worse which is a relief and it seems that some of the crops are doing better. Both corn and soybeans had a very good start but the quality of the crop has been somewhat compromised by drought. Soybeans are doing a bit better than corn. The condition report seems to be a bit better for both crops. The weather outlooks are mostly favorable for most crops.

There is a recent Executive Briefing that would shed a lot more light on the situation. It is a bear to publish but I will see if I can provide the information for some of the key crops over the next two weeks.

I did not include a NASS report this week  I vary these reports to give readers information on different crops. Nothing appealed to me this week.

The article includes a short international review of agricultural conditions.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.

Crop Report July 8. 2023 – Crop Condition Stabilizes.

July 8, 2023Posted inagriculture, weatherNo Comments

Now Final.  Sorry for the delay. It was 90% complete when published last night but I wanted to take the time to adjust the commentary and swap out two graphics.

This article is based primarily on the July 5, 2023, 2023, USDA Crop Bulletin which covers the June 25 to July 2 period of time. The USDA report usually becomes available on Tuesdays but due to the Fourth of July Holiday, it was published on Wednesday. For some reason, I forgot to publish my article Wednesday night and I remembered to do that on Friday

It now seems more like an average crop but it has not gotten worse which is a relief. Both corn and soybeans had a very good start but the quality of the crop has been somewhat compromised by drought. Soybeans are doing a bit better than corn. The condition report was about the same this week which is good given the weather. The weather outlooks are mostly favorable.

We also include the recent report on peanut prices. I vary these reports to give readers information on different crops.

The article includes a short international review of agricultural conditions.

We begin with the National Agriculture Summary.  The Tables below the summary have additional data. The boxes with my comments may be incomplete so for crops of interest check the data out yourself to be sure.