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Russia-Ukraine war pushing oil prices higher again

Russia-Ukraine war pushing oil prices higher again

Oil prices moved higher at the start of the week, driven primarily by ongoing attacks between Russia and Ukraine. While oil prices inched higher, Patrick DeHaan with Gasbuddy.com noted that fuel prices were more mixed. California currently has the highest national average diesel price in the U.S. at $8.36 per gallon. Washington state is at $7.33 per gallon, and Hawaii is at $7.22. When it comes to diesel, President Donald Trump announced a plan to have Russia ship more than 300,000 metric tons...

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Weather forecast keeping pressure on corn and soybean marketplace

Weather forecast keeping pressure on corn and soybean marketplace

While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...

Record ethanol blend rate lowers fuel costs for drivers

Record ethanol blend rate lowers fuel costs for drivers

The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...

Tight margins make financial analysis critical

Tight margins make financial analysis critical

As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...

South American Weather and Crop Update (8-4-26)

South American Weather and Crop Update (8-4-26)

As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...

Build-out continues on state-of-the-art animal disease lab

Build-out continues on state-of-the-art animal disease lab

The Plum Island Animal Disease Center is being replaced by a brand-new facility in Kansas. The federal government continues relocating the animal disease laboratory from Plum Island, New York, to the new National Bio and Agro Defense Facility, or NBAF, in Manhattan,...

A disaster plan for your livestock operation is vital

A disaster plan for your livestock operation is vital

Unfortunately for farmers and livestock producers, disaster can strike a farming operation at any time. A fire, flood, or tornado for example does not allow for much time to react. Dr. Mark van der List, a professional services veterinarian with Boehringer-Ingelheim,...

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U.S. approaching tariff deadline with Canada

U.S. approaching tariff deadline with Canada

It's Wednesday, August 19th, and we're just a few hours away from the deadline for negotiations between the U.S and Canada to avoid a 50 percent tariff on several Canadian imports into the U.S. Cameron Castillo, an associate economist for the American Farm Bureau...

Weather forecast keeping pressure on corn and soybean marketplace

Timely rains continue to benefit Iowa crops

The luck of Iowa’s farmers continues as timely rains have cycled through much of the state. As the Pro Farmer Crop Tour goes across the state, many analysts are predicting a hefty crop. Landus Cooperative Technical Agronomist Dan Bjorklund said the rain has been...