With the upcoming close of a successful 2018, we recognize that we are undoubtedly blessed as we prepare to look back at the many great things that happened here at Decision Innovation Solutions this past year.
US corn and soybean production in 2018 is estimated to be 14.6 billion bushels and 4.6 billion bushels, respectively. Iowa is ranked first in the United States for corn production and second in soybean production according to the USDA state ranking report published in May 2018.
In this short report, we look at the amount of corn and sorghum crushed for fuel ethanol production. This data analysis work is based on the Grain Crushing and Co-Products Production report published by the USDA National Agricultural Statistics Service (USDA-NASS).
Our last article has emphasized that a good understanding of corn and soybean yields are important for the State of Iowa. So, we conducted a series of studies to analyze how to utilize crop condition ratings for forecasting Iowa corn and soybean yield. From the last article we know using the Final Crop Good and Excellent Condition Ratings to forecast Corn and Soybean Yield for the State of Iowa is a good approach.
In this series of articles, we studied the relationship between the crop progress Good and Excellent condition ratings and the corn and soybean yields for the State of Iowa from 1986 to 2018. The final condition rating is a good predictor to forecast the Trend Adjusted (TA) Yield for both corn and soybeans; to have more details check the first article of the series.
As a Marketing-Communications Intern at Decision Innovation Solutions, I have had the opportunity to take on many different tasks regarding our social media channels. Most recently, I have started to create a social media campaign for the economic research and contribution DIS did for the American Feed Industry Association (AFIA) and the Institute for Feed Education & Research (IFEEDER).
The trade war (trade talks) between the US and China started in March of 2018. Intensity of the trade talks increased until the G-20 summit in Argentina on December 1st, 2018. After the two presidents met, they announced a moratorium in regard to trade issues like tariffs on certain products, intellectual property, market access, etc. and set a three-month negotiation period.
My favorite breakfasts (yes, I have more than one) always include eggs in some form. If you have breakfast at Iowa Machine Shed here in Urbandale and you order an entrée with eggs you will get an extra egg just for telling your server “I Love Eggs”.
U.S. ethanol production was at 1.028 million barrels per day for the week ending February 22, 2019 according to the most recent Weekly Ethanol Plant Production report from the Energy Information Administration (EIA).