Feed Grain Outlook

  • July 29, 2022 – U.S. corn condition ratings slipped again last week and are running below average and below this time last year. Much warmer temperatures are in the forecast for much of the Corn Belt next week.
  • July 22, 2022 – Ukraine and Russia have signed an agreement, brokered by Turkey, to allow grain shipments out of Ukrainian Black Sea ports. The agreement will be in place for 120 days, after which it may be rolled forward on a continuing basis.
  • July 15, 2022 – U.S. corn supply for the 2022/23 marketing year was revised higher in the July WASDE by 70 million bushels. This on an acreage increase and no change in yield combined with higher beginning stocks due to lower corn for feed use in the old crop year.
  • June 17, 2022 – This week’s Crop Progress report showed a corn planting pace just ahead of normal by mid-June and a crop condition rating just above normal as well.

 

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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