At 11 a.m. CDT on Friday, July 10, USDA will be back with their latest
World Agricultural Supply and Demand Estimates (WASDE) report, adding context
to the acreage and stocks data served up back on June 30.
BUSDA Reports Preview
A study released by the National Corn Growers Association spotlights that
U.S. corn farmers paid an average of 68% more for seed than Brazilian growers
from 2023 through 2025, while U.S. growers also paid substantially more for
fungicides, herbicides and insecticides.
=^Input Costs Favor Brazilian Farmers
USDA accepted more than 2.2 million acres into the Conservation Reserve
Program for fiscal year 2026 after producers offered nearly 2.5 million acres.
BUSDA Wraps Up Competitive CRP Signup
According to the monthly Purdue-CME index, farmer sentiment regarding
current conditions dropped by 5 points in June to 113 points, the lowest level
since December 2024. Farmers' view about the future also fell by 7 points to
118 points.
BPurdue: Farmer Sentiment Falls Again
Recent storms improved poor pasture and range conditions across the Plains
and Midwest with states like Montana and Colorado posting notable gains.
However, extreme heat, long-term moisture deficits and ongoing drought continue
challenging full recovery.
BStorms Lift Pastures, But Gains Are Slim
