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12 Oct 2015
By Alan BruglerDTN Contributing Analyst USDA on Friday cut projected U.S. soy exports another 50 million bushels, to 1.675 billion bushels. With revisions to the old-crop balance sheet, USDA is now expecting U.S. shipments to be 163 million bushels below last year. Why do they think U.S. shipments will be that small, and what could change the forec...
9 Oct 2015
By Katie MicikDTN Markets Editor WASHINGTON (DTN) -- USDA lowered its forecasts for corn and soybean production to 13.56 billion bushels and 3.89 bb respectively. On corn, USDA estimated the national average yield at 168 bushels per acre, up 0.5 bpa from last month. Harvested acreage was trimmed by about 500,000 acres to 80.7 ma, toward the low en...
9 Oct 2015
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- The waters of the United States rule will be put on hold nationally after the U.S. Sixth Circuit Court of Appeals ruled Friday it must first resolve pending legal questions, including whether the court has jurisdiction to hear multiple lawsuits against the federal government on the rule. In a 2-1 ruli...
9 Oct 2015
By Cheryl AndersonDTN Staff Reporter OMAHA (DTN) -- The Food Safety Modernization Act is described by the U.S. Food and Drug Administration as "the most sweeping reform of our food safety laws in more than 70 years." With a lengthy list of new rules and regulations, FSMA has many implications for the feed and grains industry as well as ethanol prod...
8 Oct 2015
By Darin NewsomDTN Senior Analyst OMAHA (DTN) -- The most shocking thing about the October Crop Production and Supply and Demand reports would be if USDA's numbers are outside pre-report ranges. USDA will release the two reports at 11 a.m. CDT Friday. SOYBEANS Let's start this preview by looking at soybeans, not because the world will be payi...