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USDA found an additional 1.4 million planted acres for both the corn and soybean crops to increase the corn crop slightly and boost the soybean crop to the largest in U.S. history.
Retail fertilizer prices are somewhat varied as the calendar changes over to August. Five of the eight major fertilizers are lower compared to last month with the remaining three nutrients slightly higher. DTN designates a significant move as anything 5% or more.
The new Beneficial Ownership Information final rule announced on Tuesday by the Treasury Department essentially removes the burden of reporting ownership details to the federal government for an estimated 32 million small businesses, including 230,000 farm operations.
The 2026 DTN Digital Yield Tour predicts South Dakota to yield slightly above the USDA Risk Management Agency five-year trendline for corn and soybeans.