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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,...
Questions remain with U.S.-China trade deal
It’s been an interesting time in the soybean market, especially when it comes to trade with China. Initially, it was great to hear that the U.S. and China agreed to a trade framework that included China making U.S. soybean purchases. Jim McCormick, chief operating...
Record ethanol exports are expanding on strong demand
U.S. ethanol exports climbed sharply in August, driven by record sales to Canada and the European Union, federal trade data show. Shipments reached 188.8 million gallons, a 15% increase from July and 24% higher than a year earlier. Canada remained the top buyer at...
Revised USDA report schedule released
On Thursday USDA’s National Agricultural Statistics Service issued an updated release schedule for reports impacted by the recent government shutdown. Lance Honig of the National Agricultural Statistics Service says some of the reports can be released more quickly...
Skor outlines path to year-round E15
The push for year-round E15 is gaining new urgency as the ethanol industry looks to secure long-term certainty after months of political churn in Washington. Growth Energy CEO Emily Skor says the past year brought meaningful progress for higher blends, but the work is...
Leveraging genetic diversity to combat annual crop issues
Farmers have to deal with unique combinations of diseases, weather events, and pests each crop season. Fortunately, there are things they can do to mitigate the risks of these annual problems. LG Seeds Agronomist Dave Hoy said genetic diversity is one of the main...
Record corn crop and supply and use forecasts
In the latest USDA forecast how is the record corn crop expected to be divided between supply and demand? World Agricultural Outlook Board Chair Mark Jekanowski breaks down some of the details. The season ending average price for corn was $4.00 per bushel, that’s a...
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More Ag News
AMVAC expands options for managing corn rootworm
As growers begin looking ahead to the next season, many of the same questions remain front and center. How do you manage risk, protect yield, and stay ahead of pests that seem to adapt year after year. At the same time, there is no shortage of new tools and...
Reporting deadline approaching for Farmer Bridge Assistance Program
USDA recently announced $12 billion is available for a Farmer Bridge Assistance Program, and the first deadline for getting signed up for the financial assistance is this week. Richard Fordyce, USDA Undersecretary for Farm Production and Conservation, said the first...
China not honoring commitments in Phase One Agreement
The U.S. Trade Representative (USTR) has launched a Section 301 investigation of China’s implementation of the U.S.-China Economic and Trade Agreement, popularly known as the Phase One Agreement. A public hearing on that investigation will open tomorrow (Dec. 16)....
USDA to update Expanding Access to Risk Protection with final rule
The public comment period closes on January 27th for a final rule designed to expand producer access to crop insurance and other risk protections. USDA Risk Management Agency Administrator Pat Swanson says the goal of the Expanding Access to Risk Protection (EARP)...
Quarterly economic condition report for U.S. agriculture
The Farm Credit Administration received its quarterly report on economic conditions affecting agriculture and an update on the overall performance of the Farm Credit System. Despite a turbulent year with tariffs and trade, the U.S. economy is expected to end 2025 on a...
