August 17, 2019

Ag Economy; Policy Issues; Regs; and, Political Notes

Agricultural Economy

Jesse Newman reported yesterday at The Wall Street Journal Online that, “Indiana’s soybean crop will outpace last year’s production, according to an average of survey results collected in the state by scouts on a closely watched crop tour.

“Soybeans will come in at 1220.79 pods per 3-foot square, above the state’s three-year average of 1118.65 pods and 3% higher than the crop tour’s 2013 average of 1185.14 pods.”

Ms. Newman indicated that, “The U.S. Department of Agriculture earlier this month pegged the nation’s soybean crop at a record 3.82 billion bushels, by far the largest farmers in the U.S. have ever seen.”