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Grassley discusses prospect of farmer aid payments to offset Iran war price hikes
Farmers have been vocal in their opposition to farm assistance payments from the federal government, preferring to sell their goods in the marketplace. That is the opinion of United States Senator Chuck Grassley (R-IA) who was asked on Tuesday about the House including farm aid in a reconciliation package. Grassley has stated many times, including on Tuesday, that year-round E15 legislation would be a much better way to improve farmer profitability and avoid assistance payments. Grassley was...
Corn growers press Congress for solutions
Corn growers from across the country are in Washington, D.C., this week for the National Corn Growers Association's Corn Congress and fly in, where they're meeting with members of Congress and administration officials to discuss the challenges facing agriculture and...
Examining the process of becoming Prop 12 compliant
The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...
Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...
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...
High input costs remain a top concern for U.S. producers
The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...
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...
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Farmers remain cautious about AI technology
Artificial intelligence is becoming a larger part of agriculture, but many farmers remain cautious about adopting the technology, according to the latest Purdue University CME Group Ag Economy Barometer. The monthly survey asked producers about artificial intelligence...
Looking for profits amid heightened grain market volatility
The markets are already volatile at this time of year, but when you add a few global news headlines on top of that, you get what we are currently seeing in the ag marketplace: chaos, chaos, and more chaos. Michael Weidner, director of grain origination and producer...
Cattle marketplace continues to grind lower
While the grain side of the ag marketplace has seen some price relief in recent days following the most recent USDA reports, soybean purchases by China, and weather premium being priced into the market due to heat concerns, the cattle side of the ag marketplace is a...
Dairy leaders push for ag labor reform on Capitol Hill
Dairy farmers from across the country took their message to Capitol Hill this week, urging lawmakers to advance agricultural labor reform and other key dairy priorities. More than three dozen advocates participated in the National Milk Producers Federation's State...
Brazil farmers facing a “perfect storm” of financial conditions
Brazil, the top global competitor to U.S. corn and soybeans, just wrapped up another huge harvest, but the next crop might have a less favorable fate. Dr. Michael Cordonnier, President of Soybean & Corn Advisor in Hinsdale, Illinois, describes a combination of...
