Top Stories
It’s still too risky to ship fertilizer globally
The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed- what does matter is whether or not ships are going through it. Linville said these aren’t the highest fertilizer prices we’ve ever seen, but the main problem stems from the fact that the grain prices don’t reflect the inflated...
Enlist E3 soybeans poised for another high-performing year
Farmers have already been thinking about what seed to use this year, and they know have to be prepared for just about anything this growing season. Myron Stine, president of Stine Seed, said they’re excited for farmers to use Enlist E3 soybeans this year and check out...
POET and Summit announce partnership
POET Ethanol and Summit Carbon Solutions announced a partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project. The collaboration will capture the value of biogenic CO2 from the bioethanol production...
You can’t be successful without communication
We know that as humans we communicate a lot. We are, by nature, social beings to one level or another. Of course, that love of communication varies from person to person, which is okay. However, it isn’t okay when we need to communicate to keep the family operation...
Former South Dakota Ag Secretary steps in as USB CEO
Former South Dakota Secretary of Agriculture Lucas Lentsch stepped into the CEO job for the United Soybean Board (USB) earlier this month. Lentsch talked about how the USB handles the national soybean checkoff dollars. Lentsch said his past job experience made moving...
Farm bill stalemate continues with the clock ticking
Partisan disputes between Democrats and Republicans were the ultimate roadblock to a new farm bill in 2023 and those same differences are showing up again in the form of food programs vs. farm programs. Ag Republicans and farm groups prefer more dollars to boost ARC...
Twenty years of cash-back dividends from Farm Credit Services of America
For the 20th consecutive year, Farm Credit Services of America is sharing a portion of its net earnings with customer-owners through its cash-back dividend program. Jim Knuth, senior vice president of lending with Farm Credit Services of America, said customers can...
Video
More Ag News
Wyffels to showcase new facility during Farm Progress Show
The 2024 Farm Progress Show will be held August 27–29, 2024, in Boone, Iowa. The show is returning to Iowa for the yearly event that is held every other year at the show grounds in Boone. Last year the show was held at the companion site in Decatur Illinois. Eric...
Soy growers promoting pork exports and driving soybean demand
The United Soybean Board recently met in Baltimore to set priorities for the upcoming year. Jim Douglas, who sits on both the United Soybean Board and the U.S. Meat Export Federation executive committee, spoke at the USB meeting about the importance of their...
Pig farmers encouraged to be U.S. SHIP certified
The U.S. Swine Health Improvement Plan, or U.S. SHIP, is a producer-driven national program serving as a unified industry playbook centered around biosecurity, traceability, and sampling and testing for animal health challenges. Al Wulfekuhle, board of director with...
Beef Checkoff returns over $13 for every $1 spent
An independent analysis of the Beef Checkoff thoroughly assessed the effectiveness and additional financial benefits produced by the program’s demand-driving activities. The study, conducted by Dr. Harry Kaiser of Cornell University, had objectives to measure,...
Why our markets are under pressure.
The markets are not having a good moment as we speak. The numbers in the red today are proof of that fact. We have seen numbers that suggest that farmers are holding on to large amounts of old crop that they haven’t sold. Usually, this time of year isn’t the greatest...
