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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 growth, that favorable forecast is keeping pressure on corn and soybeans in the market as yield expectations are beginning to climb. That is Jim McCormick, co-founder of AgMarket.net, who says that the recently released StoneX August...

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Ethanol industry looks to ramp up push for year-round E15

Ethanol industry looks to ramp up push for year-round E15

The California general assembly’s approval of E15 sales in the state has given the ethanol industry the latest opportunity to seek new avenues for Congress to legislate year-round E15 sales nationally. Governor Gavin Newsom still needs to sign off on the state’s bill,...

Wider tassel wrap issues put focus on genetics

Wider tassel wrap issues put focus on genetics

Many Midwest farmers are finding more tassel wrap in their fields this season than in years past. The condition occurs when tassels remain trapped within the plant’s upper leaves, limiting pollen shed and interfering with pollination. That lack of pollination can lead...

Some Iowa farmers are starting harvest already

Some Iowa farmers are starting harvest already

Believe it or not, there are some combines running in the fields in Iowa already. With the heavy moisture we saw at the beginning of planting season, there’s going to be a lot of variance in harvest dates across the state. Jamie Horton, DEKALB/Asgrow technical...

Farm income forecast is a tale of two farm economies

Farm income forecast is a tale of two farm economies

New data from the Department of Agriculture predicts farm income to increase in 2025. The latest Net Farm Income Forecast from USDA’s Economic Research Service predicts farm income to increase in 2025. However, Bernt Nelson, an economist for the American Farm Bureau...

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Non-food uses for U.S. soybeans

Non-food uses for U.S. soybeans

The livestock industry drives most of the demand for U.S. soybeans, but there are actually plenty of non-food opportunities for soybeans as well. Soybean protein can be used in rubber products, which opens the door for a myriad of different uses. United Soybean Board...