Farms.com Home   News

Nebraska Crop Values Rise 22% for 2020

Nebraska Crop Values Rise 22% for 2020
The value of Nebraska’s 2020 field and miscellaneous crops is forecast at $11.9 billion, according to the USDA’s National Agricultural Statistics Service. This is up 22% from 2019.
 
The value of corn production is expected to total $7.61 billion, up 21% from the previous marketing year. Nebraska’s corn price is projected to average $4.25 per bushel, up $0.73 from the last marketing year.
 
The value of soybean production is expected to total $3.18 billion, up 36% from the previous marketing year. Nebraska’s soybean price is projected to average $10.80 per bushel, up $2.53 from the last marketing year.
 
Access the national publication for this release at USDA’S online library.
 
Find agricultural statistics for your county, state and nation on the USDA NASS site.
Source : unl.edu

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.