Farm

Washington, DC (Northwestiowanow.com) — Corn and soybean futures closed higher after today’s monthly World Agricultural Supply and Demand Estimate.

AGCO Corporation released 3rd quarter financial results Tuesday. CEO Eric Hansotia says worldwide sales were down 25 percent to 2.6 billion, and net revenue was down 73 percent to 114.8 million dollars. He says a “significant contraction” in sales is due to a “cyclical downturn” in farm income.

The average price for corn on the spot market in Iowa in September was $4.09 per bushel, up 7 cents from August but down $1.13 from September of 2023. Nationwide average was $3.98, up 14 cents for the month but down $1.23 year over year.

— Eighty one percent of the nation’s corn has been harvested, seventeen percent ahead of average. Eight nine percent of the beans are out, eleven percent ahead of average. Melissa Couch has the weekly Iowa stats from the Upper Midwest NASS Office.

Des Moines, IA (northwestiowanow.com) — The Monthly Cattle on Feed Inventory Report has been […]

Spencer, IA (northwestiowanow.com) — The Farm Safety department at Spencer Hospital would like to […]

Washington, DC (northwestiowanow.com) — Thirty percent of the nation’s corn crop has been combined, […]

Des Moines, IA (Northwest Iowa Now) — Three percent of the corn has been […]

Three percent of the corn has been harvested in Northwest Iowa according to USDA. Seven percent of soybeans are out.

Just over 43 percent of Iowa is now considered abnormally dry, up from just under 38 percent in last week’s USDA Drought Monitor. Two weeks ago, it was less than four percent.