Mike Pearson examines the monthly crop production report released last Thursday by the USDA.
The report includes corn, soybeans and various specialty crops.
Cotton production is down this year. In 2022, farmers produced 14.5 million bales. This year, farmers made 12.8 million bales.
Sunflower production is down 22 percent from 2022 but it is considered one of the highest yielding sunflower crops reported. In 2022, there were 2.19 billion bushels sold and in 2023, analysts predict 2.08 billion bushels on less acreage than in 2022.
Peanuts also had a rough year due to the dry conditions in the…
