USDA lowers corn yield estimates; prices soar

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Corn and soybeans rose 23 cents and 30 cents per bushel respectively in the first hour of trading on the opening at the Chicago Board of Trade Thursday after the U.S. Department of Agriculture Thursday stroked the concerns of the grain markets by lowering its  projected national corn yield from 158.7 bushels per acre to…


Agri Buzz: USDA Estimates Steady Progress of Corn And Soya Crop

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The latest USDA’s weekly Crops & Weather report mentioned that 51 percent of the corn remained in good condition and 22 percent was in excellent condition. Another 20 percent remained in fair condition on Sunday, August 7, while 5 percent was in poor condition and 2 percent was in very poor condition. The condition of…


USDA ANNOUNCES PROPOSED RULE TO BETTER LABEL MEAT

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The agency invites comments on the proposed rule, which is intended to clarify meat products. USDA Food Safety and Inspection Service (FSIS) is proposing a new rule to establish common, easy-to-understand names for raw meat and poultry products that include injections, marinades, or have otherwise incorporated added solutions which may not be visible to the…


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