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News headlines bring negativity to soybean marketplace
Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump brought negative price movement to the soybean complex. The President was scheduled to visit with the President of China, Xi Jinping, at the end of March but Trump indicated that the meeting could be delayed. That is commodity broker,...
Groups file legal challenges to new WOTUS rule
Groups representing agriculture, infrastructure, housing, and petroleum filed a legal challenge to the new Waters of the U.S. Rule. ?The Biden Administration?s WOTUS definition is an attack on farmers and ranchers, and we?ll be fighting back in court,? says...
U.S. Export Sales Report (1-20-23)
This week?s export sales were surprisingly bullish, especially when compared to other recent reports. Corn, wheat, and soybean meal numbers all came in above expectations. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales...
Providing farmers options for their specific operation
The Brevant seeds name is still very new. The seed wing of Corteva Agriscience, Brevant seeds, was developed to deliver Corteva?s high performing germplasm to the marketplace. Tony Moellers, a retail product agronomist with Brevant, says that the new name has...
Plenty of opportunities for U.S. beef exports and promotion in 2023
As we mentioned yesterday, demand for beef has been as strong as ever in the U.S. after the pandemic, since many consumers wanted a meat that is versatile and easy to prepare. It?s been a similar story with U.S. beef exports, but other countries have been more...
Beef provides high quality nutrition and versatility
Yesterday, we talked about how the beef industry always has to fight misinformation, especially when it comes to questions about sustainability. However, some groups also target another aspect: nutrition. But this is just another one of those baseless claims that has...
A wealth of options from AMVAC with Impact? Herbicide
The Impact? Herbicide brand has built a diverse portfolio of specific products to take out different weed species at different times during the growing season.Mark Foster, marketing manager Midwest with AMVAC, says that there are four specific products in the Impact?...
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More Ag News
U.S. Export Sales Report (9-8-23)
We’re in the new crop marketing year, but there’s still not too much excitement in the export sales. Allendale commodity broker Greg McBride provided an update on the latest numbers. McBride added that we have seen some flash sales, but they’re not as big as we would...
Going out in the field for early harvest advice
Underway, at least partially in some areas, is harvest 2023 in the dryer areas with chopping and even some combining. From 40 to 140 bushels per acre in the same field is one of the reports that Pioneer’s outstanding Field Agronomist Troy Duetmeyer in Northeast Iowa...
Federal reserve releases August summary of current economic conditions
The Federal Reserve released its August Beige Book update, a summary of commentary on current economic conditions from the Fed. The report includes several observations on the U.S. agricultural economy. Drought was affecting several of the Fed’s districts across the...
EPA extends herbicide proposal comment period
We have talked on more than one occasion about speaking up for your industry. This comes in many forms. Yesterday, Andy talked about telling the story of agriculture and putting your face to the story. We have also talked about speaking up when you see misinformation...
This year’s crop challenges brought plenty of lessons for seed hybrids
Continued drought conditions and some powerful storms have provided challenges for crops this year. There was a lot of variability in both of those factors across the entire Grain Belt, but most areas saw at least some complications. Mitch Heisler, Wyffels product and...
