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Brazil farmers facing a “perfect storm” of financial conditions

Brazil farmers facing a “perfect storm” of financial conditions

Brazil, the top global competitor to U.S. corn and soybeans, just wrapped up another huge harvest, but the next crop might have a less favorable fate. Dr. Michael Cordonnier, President of Soybean & Corn Advisor in Hinsdale, Illinois, describes a combination of unfavorable financial conditions for Brazilian farmers. Cordonnier believes that a potential delay in soybean planting due to dry weather could reduce the planting window for the second corn crop. This could affect Brazil’s corn...

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Changes to Clean Fuel Production Credit can help U.S. farmers

Changes to Clean Fuel Production Credit can help U.S. farmers

Long-awaited updates to the Clean Fuel Production Tax Credit, known as 45Z, have been announced by the Department of Energy. These changes could benefit farmers and ranchers in the future. Brian Glenn, director of government affairs for the American Farm Bureau...

China honoring trade agreement and purchasing U.S. grain

China honoring trade agreement and purchasing U.S. grain

The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus...

June forecast for meat prices

June forecast for meat prices

In the latest livestock, dairy, and poultry outlook from USDA, the Department of Agriculture provides the updated meat price forecasts for this month. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the adjustments for cattle were slight. He says the...

Corn and soybean planting near completion nationwide

Corn and soybean planting near completion nationwide

Most U.S. farmers have nearly finished spring planting as crop conditions remain generally favorable. According to USDA data reported by Successful Farming, 97% of the nation’s corn crop has been planted, while soybean planting is more than 90% complete. Kentucky,...

Check on your tires to minimize equipment downtime

Check on your tires to minimize equipment downtime

Downtime in the field not only slows you down, but it also hurts your pocket. Regardless of the stage you are in during the growing season, keeping equipment in optimal conditions is crucial for maximizing its use. Greg Jones, the senior manager for field engineering...

Hesitation could hinder screwworm eradication efforts

Hesitation could hinder screwworm eradication efforts

The effort to prevent New World Screwworm from reestablishing itself in the United States continues on multiple fronts. While officials are expanding the infrastructure needed to combat the pest, animal health experts say success will also depend on vigilance and...

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Premium opportunities for row crop markets

Premium opportunities for row crop markets

Unlike commodity crops, farmers growing premium crops can demand higher prices, with some of them being hard to grow, while others are not. Kelsey Graber, the product line manager for specialty corn at Clarkson Grain in Illinois, highlights the fact that despite...