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USDA Oil Crops Outlook

Based on larger than expected March soybean stocks, USDA raised its forecast of domestic crush this month by 20 million bushels to 1.635 billion. Also, U.S. soybean exports for 2012/13 are forecast up 5 million bushels this month to 1.35 billion. An offsetting change in the residual left the forecast of U.S. season-ending soybean stocks unchanged at an unusually tight 125 million bushels.

Global soybean production for 2012/13 is estimated 1.6 million metric tons higher this month to 269.6 million due to better crop outlooks for Paraguay and Uruguay. Shipping delays from South America prompted USDA to lower its forecast of China’s 2012/13 soybean imports by 2 million tons this month to 61 million. Global exports of soybean meal in 2012/13 may only edge up to 58.6 million tons, versus 58.3 million in 2011/12, because of lagging production for Brazil and Argentina.

Source: USDA


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What I’m Checking Behind the Planter This Spring

Video: What I’m Checking Behind the Planter This Spring



This is the first episode of a new behind-the-scenes series on our farm.

Today I’m checking behind the planter looking at planting depth, seed-to-soil contact, and making sure we’re placing seed into moisture, even in a dry spring.

Everything can look good from the cab, but this is where you find out what’s really happening.

We also ran into a prescription issue that slowed us down, which is a good reminder that even when conditions are ideal, the little things still matter.

If you’re planting right now, it’s worth taking a few minutes to check behind your planter.