At this point the US is a net importer of seafood. However, there are a lot of things happening in breeding, feed composition, consumer trends and production technology that will support future growth in USA production of seafood.
From 2001-2017, Iowa averaged about eight Chapter 12 bankruptcy filings per year. In 2017, that number rose to a record high during this time frame of 18 filed. As you can see below, the U.S. and Iowa trends in Chapter 12 bankruptcy filings follow a very similar pattern, with both seeing spikes around 2003 and 2010. 2013 and 2014 bankruptcies were lower for both the U.S. and Iowa, however both have seen much higher bankruptcy filing numbers the past three years likely due to declining cash recei
Expectation for losses in the hog industry were estimated to be more than $25 per head by the last quarter of 2018 and the first quarter of 2019, in the report from the University of Illinois. Additionally, profit per head in 2017 was, on average, $4 per head, the expectation for 2018 is that number falling to losses of $11 per head, and then further to $14 per head in 2019. With trade deals in flux, and with the export market representing more than 20 percent of US pork production any major cha
Although 2018/19 corn exports are forecast down 175 million year-over-year, exports are expected to continue a strong pace in 2018/19 marketing with a forecast volume of 2.225 billion bushels. The forecast was increased by 125 million bushels from June 2018 .
Corn has been grown across Iowa for more than 150 years, more than 30,000 kernels are planted per acre, and state-average corn yields can be close to 200 bushels per acre in a good year and near 300 bushels per acres on high CSR land. Additionally, what used to take days to plant can now be done in minutes
According to the July 30th USDA/NASS Iowa Crop Progress & Condition report, the Iowa corn crop is rated 78% Good/Excellent, 16% Fair, and 6% Poor/Very Poor. 96% of the Iowa corn crop is currently silking, and 31% has hit the dough stage.
The Chinese government indicated that the expected fuel ethanol production will be 4 million Metric tons (1.339 billion gallons) per year during the 13th Five-Year Plan. In 2017, ethanol production stands for 2.6 million tons (0.871 billion gallons) per year, increased 0.5 million tons (0.167 billion gallons) per year, from 2.1 million tons (0.703 billion gallons) in 2016.
