Feed Outlook, December 2019

With no new data from the National Agricultural Statistics Service this month, and steady demand from exports, food, seed, and industrial use, and feed and residual use, there were no balance sheet changes this month to corn, sorghum, or oats. Projected prices are unchanged for corn and sorghum and lowered 5-cents per bushel for barley and oats.

 

The global production of coarse grains is expected to expand month over month by 6.81 million metric tons. This revision is driven by record Chinese corn yields, which increased their total supply by 6.77 million tons and is expected to increase carryout in 2019/20. This change more than offsets reductions in Australian coarse grains production due to continued drought, amongst other small revisions.

 

 

 

Video: Planting Corn with Classic Allis-Chalmers Tractors | Full Field Action

Step into the field for a full day of spring fieldwork as this farm plants corn using classic Allis-Chalmers power near Arcanum, Ohio. In this video, the farm is working ground with an Allis-Chalmers 8050 pulling a Salford field cultivator and Brillion Culti-Packer to prepare the seedbed. Right behind, an Allis-Chalmers 7020 handles planting duties with a 12-row White planter, putting this year’s corn crop in the ground. You’ll see a mix of aerial drone footage and ground-level views capturing all the action, along with a voiceover that dives into the history and legacy of these two Allis-Chalmers tractors. It’s a great look at how reliable, older equipment is still getting the job done during spring planting season. If you enjoy classic farm equipment, corn planting, and real-world field action, this one is for you.