Feed Grain Outlook

  • April 19, 2024 – As of April 14, USDA reports 6% of the U.S. corn crop was in the ground, right at the early season normal pace. The Grain Use section today highlights reports relevant to the top use categories for corn: feed and fuel.
  • April 12, 2024 – USDA made no changes to the supply side of the balance sheet for U.S. corn in the April World Agricultural Supply and Demand Estimates. Shifting to the demand side, both feed and fuel were increased 25 million bushels which lowered ending stocks by 50 million bushels.
  • April 8, 2024 – The 2024 Prospective Plantings report showed a million fewer acres of both corn and soybeans compared to the projections at the Ag Outlook Conference in February. The combined total of corn, soybeans, wheat, cotton, sorghum, and rice is down about 4 million from 2023.
  • March 27, 2024 – The drought index for the North Central region is about where it was last year at this time with extreme drought still lingering over much of northeast Iowa. Important reports due out Thursday, March 28: Prospective Plantings, Grain Stocks and Hogs and Pigs.

 

Mark Welch
Texas A&M AgriLife Extension Economist

600 John Kimbrough Blvd
TAMU 2124
College Station, Texas 77843
Tel. (979)845-8011
Fax. (979)845-4906
JMWelch(at)tamu.edu

The opinions and recommendations expressed are solely those of the author and are intended for educational purposes only as part of the Texas A&M AgriLife Extension Service.  Texas A&M AgriLife Extension Service assumes no liability for the use of this newsletter.  Educational programs of the Texas A&M AgriLife Extension Service are open to all people without regard to race, color, sex, disability, religion, age, or national origin.  The Texas A&M University System, U.S. Department of Agriculture, and the County Commissioners Courts of Texas Cooperating

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