Farms.com Home   News

Minnesota Crop Value Forecast 11 Percent Over 2014

mnmap3

The production of Minnesota’s field and miscellaneous crops was valued at $9.87 billion in 2015, according to the USDA, National Agricultural Statistics Service — Crop Values summary. This was an 11 percent increase from 2014.

The value of corn production totaled $4.86 billion, up 15 percent from the previous year, and production was up 21 percent. Minnesota’s corn price averaged $3.40 per bushel, a decrease of $0.18 from the last marketing year.

Up 8 percent from 2014, the value of soybean production was $3.25 billion, and production was up 25 percent. Average prices dropped $1.36 from the previous year to $8.60 per bushel.
 

Click here to see more...

Trending Video

NEW “FEMO” = AI STOCK FRENZY!

Video: NEW “FEMO” = AI STOCK FRENZY!


The new acronym on Wall Street is not “FOMO”, its “FEMO” - Fabulous Earnings Momentum. DELL this week crushed their earnings and revenue guidance sending the stock up 40%! Micron's valuation went from 500 billion to 1 trillion in 48 days!
U.S. Corn Belt drought expanding need timely rains in June.
Rumors this week that China was lowering U.S, ag tariffs and wanting to buy U.S. corn?
Flood could damage crops in China like corn and wheat.
U.S./Iran 60-day truce = lower crude oil futures by end of June.
U.S. urea futures down 28%.
Soy oil and canola futures technically breaking out
+ CFTC.