March Prices Received Index Increased 3.4 Percent, Prices Paid Up .5 Percent

March Prices Received Index Increased 3.4 Percent The March Prices Received Index (Agricultural Production), at 94.8, increased 3.4 percent from February 2017. At 87.4, the Crop Production Index increased 0.9 percent. At 100.6, the Livestock Production Index increased 4.7 percent. Producers received higher prices for broilers, cattle, and market eggs but lower prices for milk, strawberries, and hogs. Compared with a year earlier, the Prices Received Index is up 2.4 percent. The Crop Production Index increased 6.5 percent and the Livestock Production Index is up 0.7 percent. In addition to prices, the indexes are influenced by the monthly mix of commodities producers market. Increased monthly

USDA Weekly Crop Progress Corn Planting Jumps to Near-Average Pace; Soybean Planting Ahead of Normal

OMAHA (DTN) -- U.S. corn planting jumped to a near-normal pace while national soybean planting was ahead of the five-year average in USDA's weekly Crop Progress report released Monday afternoon. USDA estimated 17% of the nation's corn crop was planted as of Sunday, just 1 percentage point behind the five-year average of 18%, though well behind 28% at the same time last year. Corn emergence, on the other hand, was equal to both last year and the average of 4%. "Monday's report is neutral for corn," said DTN Analyst Todd Hultman. Soybean planting, which was reported for the first time this year, was estimated at 6% complete as of Sunday, ahead of last year's 3% and also ahead of the five-year

Number of certified organic farms up 13%

Increase in certification continues trend of double-digit growth in organic sector and represents highest growth rate since 2008. The U.S. Department of Agriculture announced new data indicating that the organic industry continues to expand domestically and globally, with 24,650 certified organic operations in the U.S. and 37,032 around the world. The 2016 count of U.S. certified organic farms and businesses reflects a 13% increase between the end of 2015 and 2016, continuing the trend of double-digit growth in the organic sector. The number of certified operations has increased since the count began in 2002, and this is the highest growth rate since 2008. Organic certification is an “opt-in

USDA Weekly Crop Progress - US Corn Planting Falls Behind Normal Pace Due to Widespread Rain

OMAHA (DTN) -- After debuting last week at a pace equal to the five-year average, U.S. corn planting progress fell behind normal in USDA's weekly Crop Progress report released Monday afternoon. USDA estimated 6% of the nation's corn crop was planted as of Sunday, behind last year's pace of 12% and also behind the five-year average pace of 9%. The delay in planting was due to frequent and widespread showers across the Corn Belt last week, DTN Senior Ag Meteorologist Bryce Anderson explained in an Ag Weather Forum blog. USDA's estimate for corn planting progress is moderately bullish for the corn market, said DTN Analyst Todd Hultman. USDA also reported that 19% of U.S. winter wheat was headed

USDA Weekly Crop Progress

US Corn Planting Progress Debuts at 3% OMAHA (DTN) -- U.S. corn planting progress debuted at 3% complete in USDA's weekly Crop Progress report released Monday afternoon. That was one percentage point behind last year's pace of 4% and equal to the five-year average pace of 3%. USDA's corn planting estimate should be viewed as neutral for the corn market, according to DTN Analyst Todd Hultman. USDA also reported that 9% of U.S. winter wheat was headed as of Sunday, April 9, up from 4% a year ago and also up from the five-year average of 6% headed. The condition of the crop was rated 53% good to excellent. "USDA's winter wheat condition rating resulted in a DTN's Winter Wheat Condition Index of

Barometer shows producer sentiment slips in March

Producers less optimistic about long-term outlook for ag economy. Producer sentiment toward the agricultural economy dropped to 124 in March, marking the second consecutive month of decline, according to the Purdue University/CME Group Ag Economy Barometer. The decrease is a 10-point drop from February's reading of 134. The barometer is based on a monthly survey of 400 agricultural producers from across the U.S. "The barometer has been moderating in recent months after a large jump in sentiment that began in November 2016," said Jim Mintert, director of Purdue's Center for Commercial Agriculture and principal investigator for the barometer. "While sentiment has settled lower, it's important

USDA Weekly Crop Progress - First Crop Progress Report of the Season

OMAHA (DTN) -- Cotton, sorghum and rice planting are slightly ahead of last year's pace, while oats planting is even with last year, according to USDA's first weekly Crop Progress report issued Monday. For the week ended April 2, 2016, sorghum was 15% planted, compared to 13% last year and a 12% five-year average. Cotton planting was 4% complete, compared to 3% last year and a 4% average. Rice was 17% planted, compared to 15% last year and a 14% average. Oats were 28% planted as of April 3, compared to 28% last year and a 34% average. Emergence was at 25%, compared to 24% last year and a 29% average. Fourteen percent of the winter wheat crop was rated poor to very poor, compared to only 7% a

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