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06
Nov
2017
Arkansas Crop Progress for Week Ending Nov. 5, 2017
Author: Scott Stiles, Extension Economist

For the week ending November 5, USDA reported Arkansas’ soybean harvest to be 94% complete, up from 89% last week.  The 5-year average for the week is 89% harvested.  In October, USDA estimated Arkansas would harvest 3.5 million acres of soybeans with a record state average yield of 51 bushels per acre.  USDA’s Crop Production […]

31
Oct
2017
USDA Announces 2016 Rice PLC Payment Rates
Author: Scott Stiles, Extension Economist

On October 30, 2017 the USDA Farm Service Agency (FSA) announced the 2016 Price Loss Coverage (PLC) payment rates for Long Grain and Medium Grain Rice.  The Agricultural Act of 2014 (aka 2014 Farm Bill) provides payments for covered commodities enrolled in PLC when the Marketing Year Average price is below the statutory Reference Price.  […]

31
Oct
2017
Gulf Urea Prices Retesting 2017 Highs
Author: Scott Stiles, Extension Economist

Last week marked the third straight week of higher urea prices in the NOLA (New Orleans) region. Average prices rose 2% week-over-week to $250 per ton, from $245 the previous week. The highest weekly average for urea prices seen this year was in the week of January 22nd, when prices average $253 per ton.  Historically, […]

30
Oct
2017
Arkansas Crop Progress (Oct. 29, 2017)
Author: Scott Stiles, Extension Economist

Harvest is winding down in Arkansas.  In Monday’s Crop Progress report, NASS estimated that soybean harvest was 89% complete as of October 29 and cotton harvest was 82% complete.    Soybean harvest compares to 91% complete at this point last year and the five year average pace of 82% .  Cotton harvest also lags last year’s […]

24
Oct
2017
2018 Crop enterprise budgets now available
Author: Breana Watkins, Program Associate - Agricultural Economics

By Breana Watkins, Program Associate, Agricultural Economics The University of Arkansas, Division of Agriculture has released the 2018 Crop Enterprise Budgets. Budgets are available as a printed manuscript and as interactive files that allow users to change inputs and prices to fit each producer’s unique situation. Budget summaries present side-by-side comparisons for surface irrigated, center […]

11
Oct
2017
Pre-Report Estimates for October 12th USDA Supply/Demand Report
Author: Scott Stiles, Extension Economist

USDA will release its monthly WASDE (supply/demand report) and Crop Production reports on Thursday October 12, 2017 at 11:00 a.m. Central time. The following comments summarize private analysts’ pre-report expectations for tomorrow’s USDA reports. Soybeans: Ahead of the October 12th USDA supply/demand report, industry analysts’ project the U.S. soybean yield to be near the USDA’s […]

11
Oct
2017
Webinar recording available: Farm bill, policy, tax reform, trade, market outlook
Author: Bobby Coats, Professor of Economics

By Bobby Coats, Professor of Agricultural Economics For Delta Farm Press Pat Westhoff provided the participants in the Oct. 5 University of Arkansas Division of Agriculture’s, Food and Agribusiness Webinar a powerful “Outlook Discussion on Farm Bill, Policy, Tax Reform, Trade and Market Outlook.” Westhoff is director of Missouri FAPRI — Food and Agricultural Policy […]

10
Oct
2017
Arkansas Crop Progress (week ending October 8, 2017)
Author: Scott Stiles, Extension Economist

From the USDA October 10, 2017 Crop Progress Report for Arkansas.  The full report can be downloaded at this link: Arkansas NASS Crop Progress Oct. 10, 2017 Another week of above normal temperatures and dry conditions allowed harvest to advance quickly for the week ending October 8th.  Weather stations around eastern Arkansas recorded average temperatures […]

09
Oct
2017
Gulf Urea and DAP Price Update
Author: Scott Stiles, Extension Economist

In the week ending October 6, average Urea and DAP prices in the New Orleans region (NOLA) finished lower for the second consecutive week. Urea After a three-week run-up in September that pushed prices $48/ton higher, Gulf urea prices have turned lower over the past two weeks, giving back $20/ton. Last week, NOLA granular urea […]

09
Oct
2017
USDA Posts 2016 ARC-CO Payment Spreadsheet Online
Author: Scott Stiles, Extension Economist

The USDA Farm Service Agency (FSA) has released 2016 county yields and national marketing year average prices for corn, soybeans, wheat and grain sorghum for calculating Agricultural Risk Coverage – County Coverage (ARC-CO) payments. Payment information is available at this link on the USDA FSA’s website:  2014 – 2016 ARC-County Yields, Revenue and Payment Rates […]