Steve Hanson, a rancher and cattle feeder from Elsie, Nebraska, was elected chair of the U.S. Meat Export Federation (USMEF) at the organization’s Strategic Planning Conference in Tucson, Arizona on Friday. Hanson said one of his priorities will be to highlight the...
News
A November soybean surprise
In most years the USDA November WASDE report does not make significant changes to the yield and production forecast for soybeans. That’s USDA Chief Economist Seth Meyer. He says that last Friday’s WASDE report provided a November surprise by cutting the previous...
Updated estimates of renewable diesel through 2026
University of Illinois analysts looked into the future of renewable diesel production in the U.S. and saw some headwinds. Renewable diesel production capacity has exploded in recent years, increasing by more than three billion gallons. This substantially impacted fats...
AI’s presence continues to grow in agriculture
It seems like every time that we blink, artificial intelligence, or AI, has found a new way of helping us do our tasks a little bit better. Sometimes, it can also be a little scary. We harken back to some classic movies where AI has become too smart and has put...
November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said...
Farmers need relief from economic conditions and natural disasters
A trifecta of natural disasters, high input costs, and poor economic conditions has made the last year difficult for farmers and ranchers. Betty Resnick, an economist for the American Farm Bureau Federation, says there is some relief on the way, but more is needed....
Biofuels industry hopes for year-round E15, improved 45z tax rule
The biofuels industry is beginning to look ahead to 2025 and the new administration taking over leadership in Washington D.C. Renewable Fuels Association Senior Vice-President for Government and Public Affairs Troy Bredenkamp says President-elect Trump has a record on...
Speculation starts on next Ag Secretary
Speculation has already begun on who the next Secretary of Agriculture will be when Donald Trump returns to the White House in January. Successful Farming says Texas Ag Commissioner Sid Miller, former ambassador Kip Tom, and Ted McKinney of NASDA are among a handful...
Canada reacts to the election of Trump
We know that during the first Trump administration, an aggressive trade policy was implemented. Tariffs and trade wars were the terms most used during that time. One trade battle was fought with our closest neighbors, Mexico and Canada. The old North American Free...
U.S. Export Sales Report (11-7-24)
Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers. Recent flash sales have actually lightened up a...