May Ag Prices Received Index Increases 2.1%, Prices Paid Increases 2%

May Prices Received Index Increased 2.1 Percent The May Prices Received Index (Agricultural Production), at 98.7, increased 2.1 percent from April 2017. At 88.1, the Crop Production Index decreased 5.4 percent. At 106.7, the Livestock Production Index increased 7.2 percent. Producers received higher prices for broilers, cattle, and hogs but lower prices for lettuce, strawberries, and cauliflower. Compared with a year earlier, the Prices Received Index is up 4.8 percent. The Crop Production Index decreased 1.5 percent and the Livestock Production Index increased 9.4 percent. In addition to prices, the indexes are influenced by the monthly mix of commodities producers market. Increased monthly

USDA Weekly Crop Progress - Soybean, Spring Wheat Conditions Drop

OMAHA (DTN) -- Soybean and spring wheat conditions dropped last week, while corn conditions held steady from the previous week, according to USDA's weekly Crop Progress report released Monday. This week's crop progress report showed 4% of U.S. corn was silking, down from 5% a year ago and down from the five-year average of 5% silking. Sixty-seven percent of the corn crop was rated in good-to-excellent condition, the same as the previous week. That resulted in a DTN Corn Condition Index of 161, unchanged from last week, said DTN Analyst Todd Hultman. DTN's index is down from 180 a year ago and matched the lowest value in four years. "Monday's report is neutral for corn," Hultman said. USDA sa

Rapid snowmelt and storms result in flooding in parts of Idaho

Warm weather and storms caused flooding in Idaho the week ending June 12, according to the United States Department of Agriculture National Agricultural Statistics Service Northwest Regional Field Office in Olympia, Wash. A little more than six days were suitable for fieldwork. A low temperature was reported at 30 degrees Fahrenheit in the south-central region. A high temperature of 100 degrees was reported in the southwest region. There was a statewide temperature differential of 3 degrees below normal to 6 degrees above normal. Topsoil moisture was 10 percent very short, 19 percent short, 53 percent adequate and 18 percent surplus. Subsoil moisture figures were similar. Pasture and range c

USDA Weekly Crop Progress - Report Bullish for Spring Wheat as Conditions Continue to Drop

OMAHA (DTN) -- Spring wheat conditions continued to drop significantly last week, according to USDA's weekly Crop Progress report released Monday. Conditions for corn, soybeans and winter wheat, on the other hand, held mostly steady from the previous week. USDA estimated that 41% of spring wheat was rated in good-to-excellent condition this week, down 4 percentage points from the previous week's 45%. That resulted in a DTN Spring Wheat Condition Index of 84, down 21 points from the previous week. The DTN index is down from 179 a year ago and is still the lowest since 1988. The report is bullish for spring wheat, said DTN Analyst Todd Hultman. The condition of U.S. corn, on the other hand, he

USDA Weekly Crop Progress - Corn, Spring Wheat Conditions Decline; First Soy Condition Rating of Yea

OMAHA (DTN) -- Corn and spring wheat conditions dropped from the previous week, and USDA's first soybean condition rating of the year was below last year's rating at the same time, according to USDA's weekly Crop Progress report released Monday. This week's report showed 94% of U.S. corn was emerged, down from 95% a year ago and even with the five-year average of 94%. Sixty-seven of the corn crop was rated in good-to-excellent to excellent condition, down from 68% the previous week. This resulted in a DTN Corn Condition Index of 159, down 6 points from the previous week. The index is down from 181 a year ago and the lowest in four years. "Monday's report is slightly bullish for corn," said D

Producer sentiment toward the ag economy holds steady

StartFragmentA solid 83% of producers are in favor of renegotiating NAFTA and 61% think it will be beneficial for U.S. farmers. EndFragment Producer sentiment toward the agricultural economy held steady in May, continuing a trend of overall higher optimism, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer read 130, the same as April. Producer sentiment has hovered around the 130-point mark for five of the last six months and remains much stronger than a year ago when it read 97. The barometer is based on a monthly survey of 400 agricultural producers from across the country. While overall sentiment remained the same, there were some changes in the baromete

USDA Weekly Crop Progress - Improving Conditions Seen as Slightly Bearish for Corn

OMAHA (DTN) -- Corn planting and emergence were both slightly behind the five-year average while the overall condition of the crop improved from the previous week, according to USDA's weekly Crop Progress report released Monday. This week's report showed 96% of U.S. corn planted, down from 97% a year ago and down from the five-year average of 97%. USDA also said 86% of U.S. corn was emerged, down from 88% a year ago and down slightly from the five-year average of 87% emerged. Sixty-eight percent of the corn crop was rated in good-to-excellent condition, up 3 percentage points from the previous week's 65% good-to-excellent rating. That resulted in a DTN Corn Condition Index of 165, up 7 point

April Farm Prices Received And Paid Increases

April Prices Received Index Increased 2.0 Percent The April Prices Received Index (Agricultural Production), at 96.7, increased 2.0 percent from March 2017. At 93.1, the Crop Production Index increased 6.5 percent. At 99.5, the Livestock Production Index decreased 1.1 percent. Producers received higher prices for lettuce, cattle, broilers, and broccoli but lower prices for market eggs, milk, hogs, and strawberries. Compared with a year earlier, the Prices Received Index is up 4.4 percent. The Crop Production Index increased 8.8 percent and the Livestock Production Index is up 2.2 percent. In addition to prices, the indexes are influenced by the monthly mix of commodities producers market. In

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