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Grain markets monitoring three major headlines

Grain markets monitoring three major headlines

The ag marketplace has been all over the place recently. This week alone saw double-digit moves in both positive and negative directions for corn and soybeans, with both markets finishing the week higher. There are a few major news factors that have led to this heightened volatility. Bill Moore of PRICE Futures Group said there’s a lot of hope that a peace treaty can finally be reached with Iran. Moore said the markets are also anticipating the May WASDE report, which will offer the first good...

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Adjustments to the soybean balance sheets in USDA April WASDE report

Adjustments to the soybean balance sheets in USDA April WASDE report

The monthly WASDE reports from USDA provide a snapshot of the current state of U.S. and World Soybean Supply and Demand Estimates. World Agricultural Outlook Board Chair Mark Jekanowski notes the changes to the U.S. domestic use numbers in the April WASDE report. The...

Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an...

Nutrien programs offer revenue paths for Iowa growers

Nutrien programs offer revenue paths for Iowa growers

Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...

Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...

Rising farmer sentiment in March surprised some industry experts

Rising farmer sentiment in March surprised some industry experts

Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...

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Boozman: farm bill markup only weeks away

Boozman: farm bill markup only weeks away

Lawmakers on Capitol Hill returned from the Easter recess with growing optimism that a new five-year farm bill could soon advance. Agri-Pulse said John Boozman, chairman of the Senate Agriculture Committee, signaled progress. The Arkansas Senator said he expects...

Market fundamentals are keeping corn prices low

Market fundamentals are keeping corn prices low

Even when there have been good news headlines, the corn prices have been resistant to move upwards. Unfortunately, the fundamentals in the corn marketplace just aren’t friendly to a significant price increase. Jacob Burks, chief growth officer at AgMarket.Net, said...