USDA recently announced commodity support payments for the 2016/17 crop year at $8 billion. This is in line with program payments made for the 2015 crop year and is above payments made for the 2014 crop year. This announcement follows USDA’s Farm Service Agency announcement of 2016/17 marketing year average prices for corn and soybeans. The wheat marketing year average price was announced at the end of June 2017. The marketing year average prices for corn, soybeans and wheat were $3.36, $9.47 and $3.89 per bushel, respectively.
October’s Dairy Data Dashboard By Alan Levitt Every month, USDEC aggregates domestic and global dairy data to create 10 charts displayed in a one-page, printable dashboard. The October Dairy Data Dashboard