Weekly Average Price History Week Corn  Soybeans  Wheat SRW Oct. 22, 2018 3.68 8.50 5.02 Oct. 15, 2018 3.73 8.76 5.19 Oct. 8, 2018 3.67 8.62 5.13 Oct. 1, 2018 3.67 8.62 5.17 The 25% tariff on U.S. soybeans appears to have morphed into a boycott. Companies presumed there would be no imports of U.S. soybeans in the fourth quarter of 2018. There was no consideration that they might buy if the price is right – even though U.S. soybeans with a 25% tariff are cheaper than Brazilian or Chinese soybeans at present. Greg Doud, Chief Agricultural Negotiator for the USTR, says the dispute over U.S. soybeans, ethanol, finished meats, and other value-added ag products will take a very long time to resolve – due to the intellectual capital issues that previous U.S. Presidents have ignored, but President Trump is determined to confront head-on. Ample meal available globally and is evidenced by eroding South American meal premiums and histo

Weekly Average Price History Week Corn  Soybeans  Wheat SRW Oct. 15, 2018 3.73 8.76 5.19 Oct. 8, 2018 3.67 8.62 5.13 Oct. 1, 2018 3.67 8.62 5.17 Sep. 24, 2018 3.62 8.47 5.17 U.S. processors crushed a larger-than-expected 160.779 million bushels of soybeans in September, the largest-ever processing volume for the month. China’s soybean imports are set to drop by a quarter in the last three months of 2018, their biggest fall in at least 12 years as buyer’s curb purchases amid the trade war and high domestic stockpiles. Corn harvest in the U.S. was as expected at 39% and still ahead of the 5-year average of 35%. Soybean harvest progress at 38% complete was near expectations, but behind the 5-year average of 53%. U.S. winter wheat planting is running slightly behind at 65% complete vs 67% on average, but improved weather is expected this week. U.S. weekly ethanol stocks clocked in at the second highest ever, despite weekly p

Weekly Average Price History Week Corn  Soybeans  Wheat SRW Oct. 8, 2018 3.67 8.62 5.13 Oct. 1, 2018 3.67 8.62 5.17 Sep. 24, 2018 3.62 8.47 5.17 Sep. 17, 2018 3.49 8.33 5.17 The United States Department of Agriculture (USDA) surprisingly trimmed its forecasts for both domestic corn and soybean production in October's  World Agricultural Supply and Demand Estimates (WASDE) report , with the soy cut stemming from a reduction in acres while the corn harvest will be lower due to smaller-than-expected yields. Soybean production was seen falling from the government’s September estimate due to a decrease in harvested acres in key states such as Illinois and Minnesota. Despite the cuts, the U.S. soybean crop was still projected as the biggest ever, while corn harvest was pegged as the second-biggest on record. The corn crop was seen at 14.778 billion bushels, based on an average record yield of 180.7 bushels per acre, the gover

#LocalHarvest Photo Contest Without local corn growers, we couldn’t feed our chickens the highest-quality grain available. We appreciate you and want to see your local harvest. Share your harvest photo with us on Facebook from October 8 - November 17, 2018 for your chance to win a weekly prize.   Three Easy Steps to Enter: 1.     Take a photo featuring your favorite harvest moment.   2.     Post the photo on Facebook with the hashtag #LocalHarvest and tag our page: Tyson Foods Local Grain Services . Find our page by typing @TysonLGS. a.     You must mention Tyson Foods Local Grain Services to enter the contest. b.     Posts must be public. c.     Screenshots are not permitted. 3.     Like our new Facebook page for weekly photo contest winners and to view other local harvest photos. Don’t have Facebook? You can still participate!  Email your photo to localgrainservices@tyson.com with the subject line: Local Harvest Contest. The email body m

Weekly Average Price History Week Corn  Soybeans  Wheat SRW Oct. 1, 2018 3.67 8.62 5.17 Sep. 24, 2018 3.62 8.47 5.17 Sep. 17, 2018 3.49 8.33 5.17 Sep. 10, 2018 3.58 8.36 5.12 The United States and Canada have agreed to replace the North American Free Trade Agreement (NAFTA) with Canada joining the U.S. and Mexico to a renegotiated deal in the United States-Mexico-Canada Agreement (USMCA). The markets took this as a welcome sign of relaxing some of the trade tensions caused by the Trump administration. Seasonal demand for U.S. corn is expected to reach record levels in 2018-2019 –a bullish long-term factor for the corn market. Furthermore, with a renegotiated NAFTA confirmed this week, there is renewed confidence over more U.S.-China trade talks. U.S. Ag Secretary Sonny Perdue made comments Thursday that the U.S. had become too trade dependent on Chi

Re-posted from The Feed | Tyson Foods Jamie Burr, Associate Director of Environmental Technical Services DID YOU KNOW Tyson Foods is a large purchaser of corn? In fact, we purchase more corn than any of our competitors to feed our chickens. Additionally, the independent farmers who sell us cattle and hogs also purchase corn to feed their livestock. When you think about it – that’s a lot of corn! Did you also know that livestock and grain farmers have made remarkable progress in raising animals and crops more efficiently? For example, over the last 50 years, the US poultry industry has been able to reduce the amount of grain used to produce a pound of chicken by half, US cattlemen have been able to raise grain-finished beef cattle on 46 PERCENT LESS ACRES of harvested corn grain, and pig farmers are using 78 PERCENT LESS LAND AND 41 PERCENT LESS WATER per pound of pork produced. While there has been a lot of progress, there is more work to do. Improving nutrient use can re