According to EIA data, ethanol production averaged 1.014 million barrels per day (b/d)?or 42.59 million gallons daily. That is down 1,000 b/d from the week before. The four-week average for ethanol production increased to 1.006 million b/d for an annualized rate of...
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Farm Bill Number Crunching
It looks like lawmakers will have $130 billion less to write the upcoming farm bill than they did for the past one. The Congressional Budget Office made that announcement when it published its 10-year baseline projections. The CBO predicts that both farm and nutrition...
Ethanol Industry Pleased with EPA Proposed Rule on RVOs
On Wednesday, the EPA released its proposed rule to set 2018 renewable volume standards (RVOs) under the RFS, along with the 2019 RVO for biomass-based diesel. Overall, the proposed RVOs require approximately 19.24 billion gallons of renewable fuels in 2018. The...
Akridge and Plaut Assume Interim Roles at Purdue
Plaut to Interim Ag DeanThere is administrative change happening at Purdue University and it includes the College of Agriculture. With Provost Deba Dutta now the Chancellor of Rutgers University, effective July first the role of interim provost has been handed over to...
Trump Talks Trade with South Korea
President Donald Trump met with the new President of South Korea on Friday and opened up the session with tough trade talk. Trump announced that he will be renegotiating a trade agreement with South Korea that has already been in place for five years. The agreement is...
Farm Work as Therapy for Troubled Youth
Farm Work as Therapy for Troubled Youth As parents, we know that a little hard work is good for young people, and farm life certainly provides that. With 1 in 5 young people today experiencing some form of mental illness, either depression, anxiety, or the like, Brose...
U.S. Swine Herd is Expanding
The June USDA quarterly hog and pigs report showed an expanding U.S. swineherd. As of June 1, there were 71.7 million hogs and pigs on American farms, up 3 percent from June of 2016 and the second largest inventory on record ever. The industry is in a growth mode,...
Commentary: Why Monsanto Should Change its Name
?Or your name is mud? is a threat I heard quite often as a child. Usually it was preceded by an ultimatum like clean your room, or quit teasing your sister, or turn down that music. I had no idea what the phrase meant except that I was about to incur my mother?s wrath...
USDA Reports Spark Market Rally and Opportunity for Growers
USDA Reports Spark Market Rally and Opportunity for Growers Chris HurtThe USDA planted acreage and stocks reports on Friday were bearish, but the market reaction was bullish. Dr. Chris Hurt, ag economist at Purdue, said the planted acre number for soybeans was higher,...
Soybean Acreage Sets Record, Corn Down 3%
Corn Planted Acreage Down 3 Percent from 2016 Soybean Acreage Up 7 Percent All Wheat Acreage Down 9 Percent All Cotton Acreage Up 20 Percent Corn planted area for all purposes in 2017 is estimated at 90.9 million acres, down 3 percent...