Thursday, Apr 2, 2015
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Related Headlines

Illinois Market News Offers Free Hay Directory

City Clerk seeks money to pay outstanding bill

Recent Comments

4tolerance - Darin LaHood announces candidacy - Quincy, IL News - QuincyJournal.com
Firecrackers are illegal in Illinois.
cgbrocksmith - Child shot and killed in Quincy - Quincy, IL News - QuincyJournal.com
There is so much more to this. This was no random shooting. Someone was targeted and I don't think it was the child. Shame on a lot of people who only look at the surface and fail to see the REAL issues here. Amerika has LOST its moral compass.
pjohnf - Unemployment down in Quincy, Adams Co - Quincy, IL News - QuincyJournal.com
A record low national job participation rate of 62.8 percent in February and we're to believe jobs have increased and unemployment has gone down. Something is rotten in the numbers and government.
migraine_in_qcy - Quincy an All-America City finalist - Quincy, IL News - QuincyJournal.com
Yep, businesses are going to ignore the anti-business tax climate of Illinois and line up to move to Quincy due to our All-America city status. If only that were true. Again with your slum-lords. Why don't you name one or give us an address so we can drive past and see what you're talking about?
migraine_in_qcy - Reward now offered for info on shooting of Quincy 12 yr old - Quincy, IL News - QuincyJournal.com
You couldn't be more wrong, as usual. I own part of my home, and the bank owns the rest. Not a realtor, not a landlord. You said there was lack of police presence due to funding, and I asked what you meant by that. Are you saying that funding cuts have reduced police presence, or that you think there needs to be an increased presence, hence additional funding is required? It's pretty obvious…

Most Popular

12 yr old boy shot and killed Sat morning Updated

Reward now offered for info on shooting of Quincy 12 yr old

Wagner and Griggs capture state title

Schock says he leaves Congress with sadness, humility

New jail or no new jail?

Happy Easter from Quincy Mall

Fishing For Freedom Registration Now Open

Mid-America Military Salute to Host 'Human Foosball' Fundraiser

Corn and hay stocks increase significantly

1 year, 2 months ago from cattlenetwork.com

The feed outlook has brightened considerably from a year ago, helping contribute to the recent rise in calf and feeder-cattle value. The January Feed Outlook report from USDA estimates 2013 corn and hay production somewhat lower than previous forecasts, but well above last-year’s totals.

As reported in last week’s Crop Production Annual Summary, USDA increased its estimate of corn harvested acreage but reduced its average yield estimate by 1.6 bushels per acre, resulting in a final production estimate of 13.9 billion bushels.

The estimate for corn food, seed, and industrial use is unchanged for the 2013-2014 marketing year remains the same as last month, with a 50-million-bushel increase in forecast corn for fuel ethanol use offset by a 10-million-bushel decline in corn use for high-fructose corn syrup, a 10-million-bushel reduction in corn use for glucose and dextrose, and a 30-million-bushel reduction in corn use for starch.

The report raises the estimate for corn feed and residual use for the 2013-2014 crop by 100 million and leaves the estimate for corn exports the same as last month, leaving total use 100 million bushels higher than last month’s projection. Corn ending stocks for the 2013-2014 crop are projected at 1,631 million bushels, 161 million below last month’s projection but nearly double last year’s carryout of 821 million bushels.

The midpoint of the projected range for corn prices received by producers is unchanged at $4.40 per bushel, $2.49 lower than last season’s record average of $6.89 per bushel.

All hay production for 2013 is estimated at 135.9 million tons, a 3-percent decline relative to the last estimate on August 1, but a 13-percent increase from the 2012 total. At 57.6 million tons, alfalfa production is down 4 percent from the August 1 forecast and up 11 percent from 2012. Other hay production totaled 78.4 million tons, down 2 percent from the August forecast and up 16 percent from the previous year.

While hay production is well above last year, stocks remain well below the 10-year average and prices remain high. The report notes that hay stocks on farms totaled 89.3 million tons on December 1, up from 76.5 million for the same date in 2012, but nearly 12 million tons below the 10-year average.

The December all-hay price at $168 per ton is $47 higher than the 10-year average of $121 per ton. The December alfalfa price, at $187 per ton, is down $30 from last year but $55 above the 10-year average price of $132 per ton.

View the full Feed Outlook report from USDA.


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 3 hours, 10 minutes ago

Next-Generation GMOs: Pink Pineapples and Purple Tomatoes http://t.co/Iw8bYrxHVR
QuincyJournal on Twitter

QuincyJournal 4 hours, 15 minutes ago

Ray Humphrey Jr "Stop The Violence" Texas Roadhouse Take Over http://t.co/hpkIKKKxIj
QuincyJournal on Twitter

QuincyJournal 5 hours, 15 minutes ago

Missouri Lawmakers Pass Bill to Help Agriculture Industry http://t.co/Nk1ksJ9Frq
QuincyJournal on Twitter

QuincyJournal 8 hours, 12 minutes ago

Quincy Mall Vendor Show http://t.co/ZJDWghNtdP