by Staff Editor | Dec 11, 2024 | 5 Ag Stories, News
U.S. soy remains America’s number one agricultural export, adding $31.2 billion to the U.S. economy in marketing year 2023-2024. Total soy export volumes were down from the prior year at 60.8 million metric tons, partly due to fewer carry-in stocks and the expansion...
by Staff Editor | Dec 10, 2024 | 5 Ag Stories, News
The U.S. Grains Council’s 2024-2025 Corn Harvest Quality Report says the 2024 U.S. corn crop is projected to be the third largest on record with the highest 100-kernel weight in the history of the report. The 2024 crop also has lower broken corn and foreign material...
by Staff Editor | Dec 6, 2024 | 5 Ag Stories, News
John Deere has another round of layoffs scheduled at its plant in Iowa. The facility in Waterloo Works, Iowa, is the company’s largest plant. The state’s Worker Adjustment and Retraining Notification, or WARN, website says the company will lay off more than 100...
by Staff Editor | Dec 5, 2024 | 5 Ag Stories, News
Biden administration officials won’t finalize guidelines on new clean fuel production tax credits intended for the airline and biofuel industries before the officials leave office in January. Three sources told Reuters that casts significant doubt on the future of a...
by Staff Editor | Dec 4, 2024 | 5 Ag Stories, News
Net farm income, a broad measure of profits, is forecast at $149.7 billion in calendar year 2024, down by $6 billion, or 4.1 percent, relative to 2023. Inflation-adjusted farm income is forecast to drop by $9.5 billion, or 6.3 percent. Despite the predicted decline,...
