Building Dryness + Where is China!?

Рет қаралды 7,971

Күн бұрын

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0:00 US Drought Update
3:49 Active US Weather
5:43 USDA Preview
9:38 Export Sales - Where is China?
12:54 Flash to Unknown
13:36 Argentina Strike
14:35 Automation / AI Farming
🌾📈 Agricultural Sector Update: Weather Impacts, Market Trends, and Technological Advances 🌍🌦️
Welcome back to our channel, where we delve into the latest developments in agriculture, including weather conditions, market dynamics, and emerging technologies. Here's what's happening this week:
Drought and Weather Conditions
Recent USDA drought monitor data shows that precipitation was mostly limited to the upper and western portions of the Corn Belt last week, improving conditions in Wisconsin and Iowa. However, southern Minnesota, southeast South Dakota, and northwest Iowa experienced excessive rainfall, leading to flash and river flooding. Drought conditions across the High Plains remained largely unchanged, except for improvements in southwest Kansas and northern Oklahoma.
Forecast and Rainfall Accumulation
Early morning rains have swept across several states, including Minnesota, Iowa, Wisconsin, Kansas, Missouri, and Illinois. Forecast models from both the Euro and GFS indicate more generalized rainfall for the Corn Belt in the 5-10 day period, crucial for alleviating dryness in the eastern regions. Any underperformance in rainfall could heighten concerns over crop conditions due to building dryness.
USDA Reports and Market Expectations
The USDA is set to release its Planted Acreage and quarterly Grain Stocks report today. Expectations suggest a modest increase in US corn and soybean acreage from March intentions. June 1st stocks are anticipated to be significantly higher than last year, with market sentiment leaning towards a bearish report based on recent price actions.
US Crop Sales and International Developments
Corn export sales saw a slight increase last week, primarily to Mexico. Soybean sales, however, fell below expectations, with China being the largest buyer. The USDA also reported a notable flash sale of soybeans for the 2024/2025 marketing year. Meanwhile, Argentina's major oilseed union strike over labor reforms could impact soybean processing and export operations, adding another layer of complexity to global supply chains.
Technological Innovations in Agriculture
Advancements in automation and artificial intelligence are increasingly prominent in farming equipment. Companies like John Deere are introducing tractors that can be operated via smartphones, while robots and drones are being used for crop spraying. Despite the potential benefits, there is some reluctance among farmers to fully adopt these expensive technologies, especially given current economic pressures.
🔔 Stay Updated:
For ongoing insights into these issues affecting agriculture, make sure to subscribe to our channel. We provide comprehensive analysis to help you understand and navigate the complexities of global agriculture and market trends.
💬 Join the Conversation:
What are your thoughts on the evolving weather patterns and their impact on crops? How do you view the integration of AI and automation in farming? Share your views in the comments below. Your feedback is vital for enriching our discussions.

Пікірлер: 34

@joshcourrier3451 2 күн бұрын

I've noticed over the years when i start questioning my career choice that is usually near the bottom. I hope that's the case, but i know that the market will squeeze us beyond the point of comfort.

@scottpage978 2 күн бұрын

Agenda 2030 buddy

@loboalamo 2 күн бұрын

@@scottpage978👍☀️👩‍🌾yep.

@michaelrust7614 2 күн бұрын

That morning rain didn't even make it to central Illinois. Here around Peoria/Bloomington only amounted to drizzle.

@rollincoal7768 2 күн бұрын

Central Ohio, still 120 acres of wheat out here and cannot get because of the rain. Not complaining but complaining.

@dalepetersen1166 2 күн бұрын

I had a drone spray herbicide on my cornfields last week in the southwest Minnesota. It rains all the time here. The drone worked really good but it can only put on 3 gallons per acre. It does remind me of the flying terminator ships from the movie we're not far away from that kind of technology

@sandsock 2 күн бұрын

nw central ohio. we are finally getting some rain. the corn looks ok, chisel plowed ground saved all the moisture early on. . the beans are a different story. beans need broken down in planted extremely early/ on time or late. lates pretty much ruined. the early is good. the on time planted beans , which is a good half of it all. look just horrible. i drove back to a remote field one of our last about 45 acres. there is just huge bare spots where the plants are filling in. its not like it didnt emerge, they just arent filling in the gaps and look 3-4 weeks behind, from the drought. srw wheat, maybe 2/3 was harvested and now its wet , i dont know with projected rain, when it will dry out enough to be harvested. maybe i can rake and bale some straw in a few days. i suspect soybeans will be 10-20% less than last year over all for the state.

@jtn-minn8105 2 күн бұрын

Early acreage reports....Same thing as a pull tab jar at the bar...just a shot in the dark by usda.

@mikeschoeder3922 2 күн бұрын

Good morning. Where do the planted acres come from? There's a lot of farmers that haven't even reported yet??

@justthings6405 2 күн бұрын

USDA and fund buyers went together and bought their own customized drone..

@lilblackduc7312 2 күн бұрын

Y'all have a great weekend! Thank you...🇺🇸 👍☕

@user-yj3uk4rg3z 2 күн бұрын

Short, concise and straightforward

@SixFiveSam 2 күн бұрын

Working on acreage reports it looks like corn acres are up in NW Ohio/SE Michigan which surprised me.

@fredjones6333 2 күн бұрын

Se Illinois corn rolled tight and pollinating in a lot of areas.

@microsoilenhancersinspirey5750 2 күн бұрын

Lies lies and more lies!! That’s my prediction!.

@scottpage978 2 күн бұрын

We added alfafla, n black beans hope your wrong Matt

@chiefjr32 2 күн бұрын

I hope I'm wrong as well.

@timnichols9015 2 күн бұрын

I saw one reputable trader say 88 for corn…. Hope so

@jimmyglen 2 күн бұрын

Have a good weekend

@GrainMarketsandOtherStuff 2 күн бұрын

Good morning! Predictions for today's report?

@jessemaier8681 2 күн бұрын

A "permabear"! Awesome! 😅

@hoffrun Күн бұрын

Watching China and ZERO new purchases .....Brasil is a growing trade partner and can usually get a soy crop after the corn crop ( same season ). How can a grain sell NOT know the buyer name ? Just looking for help in understanding.

@mikeb6354 Күн бұрын

i got question .. what do you guys think of the cargil meat plants in gwelf Ontario and now in high river ... seems like the workers are going on strike ... how is that gonna affect the price of cattle once the deal is met

@BillGraff 2 күн бұрын

Do we counter seasonally make a bottom July 4th? Or, do we continue lower. In 2010 and 1983 we bottomed early July and then went higher rapidly. 2014 we just kept crashing. Flooding in 1993 had a slight August rally but once combines started running in the fall we rallied. Always darkest at dawn.

@RichardKing-sx6xc 2 күн бұрын

Milei 🗽💛 🖤 😎👍

@user-vq8on7dh1y 2 күн бұрын

China is suffering biblical level flood. Traffic being disrupted and so everything is staying in warehouses. The inventory of everything except crude oil is highly excessive.

@ogkillingpunchline 13 сағат бұрын

😂😂😂😂😂😂😂😂😂😂😂😂 No