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Consolidation trends in the U.S. nitrogen fertilizer industry

Consolidation trends in the U.S. nitrogen fertilizer industry

While geopolitical conflicts often take the balme for volatile nitrogen fertilizer prices, decades of deep industry consolidation- driven by natural gas costs- may be the true underlying factor. Henrique Monaco, a Ph.D. candidate in agricultural economics at the University of Illinois, said the current volatility in nitrogen fertilizer prices can't be blamed entirely on the ongoing geopolitical situation. Monaco said the U.S. is very dependent on potassium imports- mainly from Canada- but it...

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Producer-led Advisory Committee to advance National Swine Health Strategy

Producer-led Advisory Committee to advance National Swine Health Strategy

The industry’s Swine Health Advisory Committee helps build on what’s working and accelerates action to ensure the National Swine Health Strategy reflects producers’ needs. Paul Ayers, chair of the advisory committee, said producers are working hand in hand with common...

European weather supports wheat prices

European weather supports wheat prices

The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support...

U.S. Export Sales Report (7-9-26)

U.S. Export Sales Report (7-9-26)

This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive...

Hot and dry weather expected in the Corn Belt

Hot and dry weather expected in the Corn Belt

A heat dome is moving northward from Southern California to the Dakotas and the Corn Belt, bringing temperatures more than 10 degrees above average for several days. AccuWeather Senior Meteorologist Chad Merrill describes the weather across the Corn Belt as hot and...

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Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...

Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...