Farms.com Home   Ag Industry News

USDA to release 10-year Agricultural Projections

U.S Department of Agriculture will release long-term agriculture projections

By , Farms.com

The U.S Department of Agriculture (USDA) announced that it will be releasing a new report providing a 10-year agriculture projection to 2022, which is scheduled to be released Monday, February 11, 2013 at 11:00 (EST). The release will be posted on the Office of the Chief Economist website.

The USDA publishes projections every year in February. The new projections will cover topics such as crop, livestock, commodities, agriculture trade, farm income, and food prices. These projections are not the regular USDA forecasts, but rather are assumptions based on a number of factors including farm policy, weather, the economy and other international factors.


Trending Video

Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.