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ASA welcomes 45Z updates supporting U.S. soybean farmers, biofuels
The American Soybean Association welcomed actions this week from the U.S. Department of Energy and Internal Revenue Service that provide greater clarity and usability for the 45Z Clean Fuel Production Credit, an important tool for supporting domestic biofuel production and demand for U.S. soybeans. DOE updated the 45ZCF-GREET model to incorporate carbon intensity adjustments for certain regenerative agricultural practices, including practices used in soybean production. At the same time, IRS...
Nutrien offers producers added financial flexibility
Farmers continue to face financial pressure as depressed commodity prices and elevated input costs squeeze profit margins across the countryside. As producers look for ways to preserve working capital while still investing in their crops, financing has become another...
Southern Rust has been detected again in Iowa
Last year, Southern Rust made a late appearance in corn fields across Iowa and wreaked havoc on yields. Yesterday, Southern Rust was officially confirmed in a few Iowa counties, which is particularly alarming considering the similar timing to last year's problems....
Russia-Ukraine war driving price movement in grain markets
The wheat complex has featured significant price movement to the upside in recent days, and world events are driving most of the gains in the marketplace. That’s according to Jim McCormick, co-founder of AgMarket.net, who says that recent developments in the...
AFBF analyzes policy solutions for fertilizer challenges
The cost and availability of fertilizer are still relevant issues for many farmers this year. American Farm Bureau Economist Faith Parum discussed AFBF's new white paper aimed at addressing current volatility in the fertilizer market. The paper examined various...
Pork exports continue to build momentum
Strong global demand continues to boost U.S. pork exports, with both export value and volume running ahead of last year's pace. Through May, U.S. pork exports totaled $3.59 billion, up five percent, while export volume climbed five percent to 1.28 million metric tons....
Satellite technology gives farmers another perspective
Weather has always been one of agriculture's biggest wild cards, but today's farmers have more information than ever before to help them understand what is happening in their fields and around the world. Beyond the forecast on your phone or the rain gauge outside the...
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New Renewable Fuel Standard volumes spurring industry growth
The Environmental Protection Agency's new Renewable Fuel Standard volumes are giving the biodiesel industry a significant boost. The agency raised biomass-based diesel obligations to levels the industry says more accurately reflect production capacity. Paul Winters,...
End of July defined by intense market volatility
Just when we thought the markets couldn’t be any more volatile, the grains proved us wrong by dropping 20 cents in the corn and nearly 40 cents in the soybeans. Pressure from the warm and dry weather here in the U.S. and war headlines overseas will keep the markets...
Dairy industry needs USMCA improvements
The USMCA has been in the spotlight this summer with the review process in July a major focus. Dr. Megan Roberts is an economist with Compeer Financial and says that United States dairy producers have been closely watching the process unfold. On the Dairy Stream...
EPA seeks changes to WOTUS and DEF rules
The U.S. Environmental Protection Agency is proposing a rule that would eliminate derate requirements for diesel exhaust fluid (DEF) on certain diesel-powered equipment. The proposal comes after months of feedback from farmers, ranchers, and truckers, who identified...
Corn condition drops amid heatwaves
The damage from triple-digit heat across the Midwest and Plains is showing up in the numbers, reports AgWeb. USDA’s weekly crop progress report shows the steepest week-over-week decline in corn good to excellent condition ratings for this point in the growing season...
