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Unbelievably Huge Corn and Soybean harvests expected
Posted by: Steve G.
Date: July 12, 2016 02:32PM
Don't get that excited, wave goodbye to a large chunk going towards exports. Even so, it ain't exactly 7 years of famine, so times are relatively very, very good.

Everybody parties!

More acres planted, so larger corn, soybean harvest expected
[hosted.ap.org]
DES MOINES, Iowa (AP) -- More acres of corn and soybeans were planted than initially estimated this year, prompting the U.S. Department of Agriculture to boost the fall harvest expectations for both major crops.

The agency said in its monthly update Tuesday that farmers are expected to bring in 14.5 billion bushels of corn, which would break 2014's record of 14.2 billion bushels. Farmers planted 94.1 million acres of corn, about a half-million acres more than first projected.

The soybean harvest is estimated at 3.88 billion bushels on a record 83.7 million acres planted, 1.5 million more acres than projected.

Prices for both crops are up compared to earlier this month, because the USDA says soybean exports are higher than expected and corn exports will rise since drought-stricken Brazil produced less than projected.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: cbelt3
Date: July 12, 2016 02:54PM
(2011 harvest data)
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: pdq
Date: July 12, 2016 03:04PM
The problem with farming is that, when the crop year is bad, it's bad; but when everyone has a good year, then the price for your product collapses.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: billb
Date: July 12, 2016 03:18PM
Quote

Prices for both crops are up compared to earlier this month, because the USDA says soybean exports are higher than expected and corn exports will rise since drought-stricken Brazil produced less than projected.



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Speedy
Date: July 12, 2016 05:16PM
Ok, so the number two and three cash crops are doing well, but how is the number one cash crop doing?



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: NewtonMP2100
Date: July 12, 2016 05:25PM
......so...... the corn is as high......as an elephant's......eye.....???



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: sekker
Date: July 12, 2016 05:26PM
Seems like a good problem to have.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Racer X
Date: July 12, 2016 07:50PM
And yet price an ear of corn at the grocery store. Outrageous.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Onamuji
Date: July 12, 2016 08:01PM
Quote
Racer X
And yet price an ear of corn at the grocery store. Outrageous.

Yeah. Weird. Prices are up about 300% from June. (When they were 5 ears for a buck.)



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Jack D.
Date: July 12, 2016 08:17PM
Quote
Racer X
And yet price an ear of corn at the grocery store. Outrageous.

Bought some tonight. 5/$2.50...not local but sweet and tasty. When we start to get the local farms pickin they get what I consider to be outrageous prices at the farm stands. $9/dz sound fair? At the same time I can go to Market Basket and buy the same local corn for 5/$1.99.

Yeah. Weird. Prices are up about 300% from June. (When they were 5 ears for a buck.)

I've never seen it that low. Cheapest I've seen it in the last 5 years was $3/dz. when most were getting $6-7



- Jack D.




New tasteless sig coming soon!
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: billb
Date: July 12, 2016 08:38PM
How much does a pirate pay for corn ?



A buccaneer.



5 for $2 here. Nuts for this time of year. I like my burnt corn on the grill but not $0.40 each. Even for "organic" corn.


the peaches from Georgia are pretty good this year. Last several they've been hard as a rock. They're really good this year. Ripe and ready.



The Phorum Wall keeps us safe from illegal characters and words
The doorstep to the temple of wisdom is the knowledge of one's own ignorance. -Benjamin Franklin
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Edited 1 time(s). Last edit at 07/13/2016 12:07AM by billb.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Rick-o
Date: July 12, 2016 08:42PM
It started at .50c an ear here when they hit the shelves for the first time. Then, down to .10c an ear 2 weeks later. Now, they're .25c an ear.

I have to get groceries tomorrow. I'll see what's what then.



Mr. Lahey: A lot of people, don’t know how to drink. They drink against the grain of the liquor. And when you drink against the grain of the liquor? You lose.

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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Speedy
Date: July 12, 2016 09:55PM
Our corn is 'knee high by the Fourth of July' so we have a little while before the local stuff is on the shelf. But we get that trucked in stuff, five ears for $2.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: mrbigstuff
Date: July 13, 2016 01:01AM
We in the USA pay very little for food compared to much of the world, so it doesn't bother me to pay $2 for five ears, although SnS had $0.15 ears the other day. I've never seen organic corn for$0.40 an ear, that would be a good price.

Peaches have been unbelievable this year, im eating two or three per day and my family is eating a lot as well. Big, too.



Edited 1 time(s). Last edit at 07/13/2016 01:02AM by mrbigstuff.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Onamuji
Date: July 13, 2016 06:48AM
Quote
mrbigstuff
Peaches have been unbelievable this year, im eating two or three per day and my family is eating a lot as well. Big, too.

$2.89 a pound here for more stone than peach and what looks like mold on them in the bin.

Almost at peak harvest and I haven't seen the good stuff yet, nor the price-drop that usually occurs in July/August.



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: NewtonMP2100
Date: July 13, 2016 06:58AM
......EAR......EAR.......



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: sekker
Date: July 13, 2016 08:13AM
You know that the sweet corn and corn markets can be quite independent? For both weather and planting reasons?

Love my Illini Super Sweer when I can get it. The corn from MN short growing season is not the same.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: mrbigstuff
Date: July 13, 2016 10:02AM
Quote
Onamuji
Quote
mrbigstuff
Peaches have been unbelievable this year, im eating two or three per day and my family is eating a lot as well. Big, too.

$2.89 a pound here for more stone than peach and what looks like mold on them in the bin.

Almost at peak harvest and I haven't seen the good stuff yet, nor the price-drop that usually occurs in July/August.

Is that Giant you are referring to? Same parent company as SnS so I would guess they use the same distributors. Ironically, the $1.29 per pound peaches are better than the more expensive and smaller fruit.
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: NewtonMP2100
Date: July 13, 2016 10:06AM
....have lotsa....corns for free.........oh 'ma feet.......!!!



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Rick-o
Date: July 13, 2016 12:25PM
Quote
Rick-o
It started at .50c an ear here when they hit the shelves for the first time. Then, down to .10c an ear 2 weeks later. Now, they're .25c an ear.

I have to get groceries tomorrow. I'll see what's what then.

.25c an ear today at the supermarket. I got there just in time. The bin was freshly stocked before anyone got there to rip into them, looking for that perfect ear of corn. RollingEyesSmiley5

Yes, that really irks me.



Mr. Lahey: A lot of people, don’t know how to drink. They drink against the grain of the liquor. And when you drink against the grain of the liquor? You lose.

Randy: What the @#$%& are you talking about?
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: vision63
Date: July 13, 2016 01:06PM
Corn and Soybean Succotash for EVERYBODY!
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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: Onamuji
Date: July 13, 2016 06:02PM
Quote
mrbigstuff
Quote
Onamuji
Quote
mrbigstuff
Peaches have been unbelievable this year, im eating two or three per day and my family is eating a lot as well. Big, too.

$2.89 a pound here for more stone than peach and what looks like mold on them in the bin.

Almost at peak harvest and I haven't seen the good stuff yet, nor the price-drop that usually occurs in July/August.

Is that Giant you are referring to?

Shoppers.

I haven't hit Giant.

Giant will usually have better produce, but more expensive on anything not at peak season.



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Re: Unbelievably Huge Corn and Soybean harvests expected
Posted by: mikebw
Date: July 14, 2016 01:27PM


Or is that not what you meant?
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