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Several crop and commodity growing areas report a month over month decrease in drought coverage per the last U.S. Drought Monitor for July 2024. (Rod Bain and USDA meteorologist Brad Rippey)
The last U.S. Drought Monitor for July 2024 shows not much condition change nationwide, but a wide range of drought coverage by region. (Rod Bain and USDA meteorologist Brad Rippey)
Extreme drought conditions in various wheat growing regions are contributing to lower wheat production forecasts compared to the previous year. (Rod Bain and USDA Chief Economist Seth Meyer)
USDA's quarterly stock forecasts revealed a surprise regarding ending stocks for corn and soybeans, compared to industry projections. (Rod Bain and Chief Economist Seth Meyer)
USDA's latest Agricultural Prices report indicates producers of most commodities noticed an increase in what they received pricewise compared to the previous month. (Rod Bain)
Agriculture Secretary Tom Vilsack at the University of Colorado Thursday, saying the future of our agricultural exports will depend on our products being raised in a climate-smart manner.