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Positive momentum for carbon market programs
Carbon markets have been in the ag industry for a while now, and they are another source of revenue for farmers across the country. Ryan Winter, grower success manager with Agoro Carbon, said they’ve been very pleased with the enrollment growth in their programs. Winter said there is a good amount of momentum for farmers to get involved in carbon market programs. Winter added that Agoro Carbon values flexibility, so farmers can take on practices that work for their operation without needing to...
Nebraska rancher Steve Hanson elected as USMEF chair
Steve Hanson, a rancher and cattle feeder from Elsie, Nebraska, was elected chair of the U.S. Meat Export Federation (USMEF) at the organization’s Strategic Planning Conference in Tucson, Arizona on Friday. Hanson said one of his priorities will be to highlight the...
A November soybean surprise
In most years the USDA November WASDE report does not make significant changes to the yield and production forecast for soybeans. That’s USDA Chief Economist Seth Meyer. He says that last Friday’s WASDE report provided a November surprise by cutting the previous...
Updated estimates of renewable diesel through 2026
University of Illinois analysts looked into the future of renewable diesel production in the U.S. and saw some headwinds. Renewable diesel production capacity has exploded in recent years, increasing by more than three billion gallons. This substantially impacted fats...
AI’s presence continues to grow in agriculture
It seems like every time that we blink, artificial intelligence, or AI, has found a new way of helping us do our tasks a little bit better. Sometimes, it can also be a little scary. We harken back to some classic movies where AI has become too smart and has put...
November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said...
Farmers need relief from economic conditions and natural disasters
A trifecta of natural disasters, high input costs, and poor economic conditions has made the last year difficult for farmers and ranchers. Betty Resnick, an economist for the American Farm Bureau Federation, says there is some relief on the way, but more is needed....
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South American Weather and Crop Update (11-12-24)
The rainy monsoon season is continuing to bring plenty of moisture to the fields in South America. Allendale commodity broker Greg McBride gave an update on the conditions in Brazil and Argentina. McBride said planting progress is continuing at a good pace as well....
Ag exports dropped slightly in FY 2024
Fiscal year 2024 ended September 30th and the final fiscal numbers of the year are now available. Total exports for the year were $174.4 billion dollars, which was slightly better than expectations. However, USDA economist Bart Kenner says export values were still...
AFBF announces first Veteran Farmer of Excellence award
A new award recognizes veterans or service members for excellence in farming and positively impacting their communities. Retired Army Colonel Joe Ricker of Indiana is the first winner of the American Farm Bureau’s Veteran Farmer of Excellence Award. Ricker served 30...
What could tariffs mean for fertilizer in 2025?
We are a week removed from the Presidential election, and President-Elect Trump is already assembling his teams for the transfer of power in January. One of the things the American and Global economies will be paying close attention to is whether Trump follows through...
Cost down to raise 2025 corn crop
Looking ahead to the 2025 corn crop, one company says the cost to raise that crop is down. Farmers National Company says 2025 crop inputs are expected to see a slight reduction compared to 2024. While some farms may experience increased costs for specific reasons,...