Rob Johansson

According to the latest USDA numbers, the June winter wheat crop increased 1% from May's numbers. However, the national winter wheat crop is down 3% year-over-year. USDA Chief Economist, Rob Johansson said yields are forecasted down from last year's average yield, but at just over 52 bushels an acre for 2020, that is "probably about the third highest yield for that crop however, second low

This fiscal year China will likely buy more American Ag products than this last fiscal year, however, over the past couple of months, products bound for China have slowed a little bit, thanks to the coronavirus pandemic. USDA Chief Economist, Rob Johansson, said that’s reflected in their latest trade projections for this fiscal year’s Chinese purchases of US Ag product. When loo ...

U.S. exports of livestock products, such as milk, meat, and poultry remain very strong, and could end this fiscal year well ahead of 2019. This from USDA’s new Outlook. USDA’s Chief economist, , Rob Johansson, said unlike some of the bulks crop items, analysts have not really had to reduce their export forecasts for meat, milk and poultry. "We stil ...

On Monday, Chief Economist Robert Johansson Monday announced that Dr. Mark Jekanowski has been appointed World Agricultural Outlook Board Chairman. Jekanowski is currently acting Board chairman and will assume his new duties on March 29. Johansson said Jekanowski brings “extensive experience in domestic and global agricultural commodity markets and deep understanding of the World Agricultural Bo

Expectations out of this week's USDA Supply and Demand Forecast was to show big changes in crop export prospects because of the recently signed Phase One agreement between the U.S. and China.  However, there weren't that many changes.  USDA's Chief Economist, Rob Johansson said there are three reasons why the China deal not impact the forecast.   “...

The USDA expects when we close the finical books on 2019, they will show that farm income increased about 10% year-over-year, thanks primarily to government trade aid payments, as well as total expenses remaining flat.  USDA's Chief Economist Rob Johansson said  total production expenses will end the year higher than 2018 but only by two tenths of one percent; which is pretty much flat.   ... Read

Back in 2014 the U.S. farm industry enjoyed an Ag trade surplus of $43 billion.  But, by 2018 that surplus had dropped to $16 billion, and then during fiscal year 2019 the surplus dipped again, down to $4.6 billion according to USDA Chief Economist Rob Johansson.  ...

Taking a look at the at the latest WASDE, the biggest note about wheat was the change in production in several competitors of the U.S.  Outgoing World Outlook Board Chair, Seth Meyer, said the report cuts world production estimates by nine million metric tons.  ...

USDA has cut its export forecasts for several crops, but how much of those cuts come from trade disruptions vs. other factors?  The Gary Crawford spoke with USDA’ chief economist Rob Johansson.       If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekradio.com...

U.S. farmers are watching their trade surplus with other countries get smaller and smaller and the new USDA trade forecast for this fiscal year shows that surplus shrinking at a faster pace, than had been projected back in February.  U.S. A...