by Riley Smith | Jan 13, 2023 | 5 Ag Stories, News
Another year, another Congress following a year without Senate passage of the Farm Workforce Modernization Act. For some, that?s a hard pill to swallow. Before the year-end break last month, U.S. Representative Dan Newhouse sounded cautiously optimistic. With a new...
by Riley Smith | Jan 13, 2023 | 5 Ag Stories, News
Yesterday?s WASDE report overshadowed the U.S. Export Sales Report, but that can be seen as a good thing. The report was bearish, but the markets ignored that as they focused on a surprisingly bullish WASDE. Allendale commodity broker Greg McBride provided a breakdown...
by Riley Smith | Jan 12, 2023 | 5 Ag Stories, News
The January WASDE report was expected to bring bearish news to the grain markets, but we actually ended up seeing some bullish price action. The USDA made cuts to ending stocks and harvest acres for corn and soybeans, which were the primary forces behind the upward...
by Riley Smith | Jan 12, 2023 | 5 Ag Stories, News
November export numbers from the USDA show pork was once again immensely positive for global demand for U.S. both in the volume and value. Courtney Knupp, vice president of international marketing for the National Pork Board, said after a slower start to 2022, they...
by Riley Smith | Jan 11, 2023 | 5 Ag Stories, News
Yesterday, the Environmental Protection Agency (EPA) held a public hearing on the proposed Renewable Fuel Standards rule for 2023, 2024, and 2025. While the ethanol numbers provided relief to the renewable fuels industry, the biodiesel volumes were disappointing news....
