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Consolidation trends in the U.S. nitrogen fertilizer industry

Consolidation trends in the U.S. nitrogen fertilizer industry

While geopolitical conflicts often take the balme for volatile nitrogen fertilizer prices, decades of deep industry consolidation- driven by natural gas costs- may be the true underlying factor. Henrique Monaco, a Ph.D. candidate in agricultural economics at the University of Illinois, said the current volatility in nitrogen fertilizer prices can't be blamed entirely on the ongoing geopolitical situation. Monaco said the U.S. is very dependent on potassium imports- mainly from Canada- but it...

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No relief in sight for difficult farm economy

No relief in sight for difficult farm economy

Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...

NCGA recognizes Rep. Feenstra with President’s Award

NCGA recognizes Rep. Feenstra with President’s Award

The National Corn Growers Association recognizes Rep. Randy Feenstra with its highest honor, the President’s Award. Feenstra, who serves on the House Agriculture Committee, has been a long-standing champion for corn grower priorities, especially for expanding ethanol...

USDA invests $500 million in processors

USDA invests $500 million in processors

The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as...

U.S. Export Sales Report (7-16-26)

U.S. Export Sales Report (7-16-26)

While there was no major reaction in the grain markets, this week’s export sales were good, especially for this time of year. Allendale commodity broker Greg McBride said the corn sales were decent. McBride said the soybean sales were better than expected for this...

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New Canada-U.S. trade route now open

New Canada-U.S. trade route now open

Monday, July 27th should finally see an official opening of the Gordie Howe International Bridge, with that date confirmed by Washington and Ottawa. While the details have not yet been made public, the new agreement is based on an initial 15-year term. This new...