The mixed crop production and supply and demand estimates reports had about 15 minutes of fame before the trade turned its focus toward the weather. Randy Martinson of Martinson Ag Risk Management dissected the U.S. Department of Agriculture’s reports in a Minneapolis Grain Exchange teleconference.

With a few minor tweaks in the U.S. Department of Agriculture’s supply and demand estimates, the trade now turns its focus on weather and the upcoming acreage and grain stocks reports.

Based on June 1 conditions, U.S. winter wheat production is forecast at 1.31 billion bushels, 2% above the May forecast and 12% higher than last year. The nation’s average yield is forecast at 53.2 bushels per acre, up 1.1 bushels from last month and 2.3 bushels above 2020. If realized, the U.S. winter wheat yield average will be the third highest on record.

Gov. Eric Holcomb and Inari executives broke ground on an expanded greenhouse in West Lafayette. The seed gene-editing company is investing $22.3 million to upgrade, expand and equip the former Dow space.

Farmers were less optimistic in May compared to April, according to the Purdue University/CME Group Ag Economy Barometer. The barometer dropped 20 points last month to a reading of 158, down from 178 in April.

Agricultural sector conditions and outlook continued to improve across Federal Reserve System districts as the U.S. economy expanded at a moderate pace from early April through late May.

Ron and Jay Kindred were setting the population on their four-row planter to prepare for replanting some corn upon arrival late Wednesday morning, May 26. “We’ll be replanting some corn when the ponds dry up after this next rain goes through. All of the corn is up enough that we can see where we need to plant-in,” Ron said.

As the largest family-owned retail seed company and the third largest seed brand in the United States, Beck’s turned to The Data Mine team for a top-priority logistics issue to solve: Evaluate opportunities to improve operational efficiency of transferring product between warehouses and develop solutions.

A dust explosion at a central Iowa grain elevator should not affect storage capacity or operations during this fall’s harvest, the company said.