Trade war limits outlet for smaller-than-usual U.S. corn and soy crops

U.S. farmers will harvest their smallest corn and soybean crops since 2013, but the trade war will constrain exports of America’s two major crops for the second year in a row, forecast the USDA on Monday. Soybeans would sell at the lowest average price at the farm gate in 13 years.

Smallest U.S. ag exports in three years amid trade war

The trade war with China and low commodity prices will combine to slash U.S. farm exports by 4.5 percent this fiscal year, said the USDA on Thursday in a quarterly forecast. Exports of $137 billion would be the smallest since 2016, when exports bottomed out following the collapse of the commodity boom.

U.S. cotton use lowest in 120 years or more

Domestic demand for cotton is shrinking, so much so that U.S. cotton consumption this year will be the smallest since the 1890s, according to the USDA. In its monthly WASDE report, the USDA estimates usage at 3.1 million bales in the marketing year that ends on August 1, down by 4 percent from …

U.S. ag sales to China to fall by 45 percent in trade war

China, formerly the No. 1 customer for U.S. ag exports, will buy a comparatively paltry $9 billion worth of those exports this fiscal year, a startling 45 percent cutback due to the trade war, said the USDA on Thursday.

Hurricane Michael ruined 7 percent of the U.S. cotton crop

Georgia, the No. 2 cotton state, lost one-third of its crop to Hurricane Michael, said the USDA on Thursday in lowering its estimate of the total U.S. harvest by 7 percent because of storm damage in the Southeast.

Michael threatens Southeast’s crops and livestock

As Hurricane Michael made landfall Wednesday, farmers in the Southeast were still recovering from the devastation caused by Hurricane Florence just weeks ago.

State regulators call for early cutoff date for dicamba use

Many states have reported significant complaints from farmers about dicamba damage to their crops and plants, said an association of state pesticide regulators in calling for the EPA to tighten its rules on use of the weedkiller.

Groups ask appeals court to take dicamba off the market

Environmental groups told a U.S. appeals court on Wednesday that the EPA had failed to properly assess the risks posed by the weedkiller dicamba to nearby crops and should be ordered to revoke its approval of Monsanto’s version of the herbicide, reported Reuters.

USDA opens enrollment in new cotton subsidy program

Enrollment in a new cotton subsidy program, created by Congress early this year, will run until Dec. 7, said the USDA. The program, offered for so-called seed cotton, allows participants to choose from a pair of subsidy options.