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Premium opportunities for row crop markets

Premium opportunities for row crop markets

Unlike commodity crops, farmers growing premium crops can demand higher prices, with some of them being hard to grow, while others are not. Kelsey Graber, the product line manager for specialty corn at Clarkson Grain in Illinois, highlights the fact that despite limits on how much they can buy from farmers, premium crops represent a great starting point for farmers. Graber shed light on the growing demand for niche non-GMO and organic crops in the global market. These premiums, she continues,...

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Previewing the November WASDE report

Previewing the November WASDE report

The USDA will publish the November WASDE report at 11:00am central time on Friday. The report will provide updated yield estimates and any changes to supply and demand forecasts both domestically and internationally. Jim McCormick, co-founder of AgMarket.net, says...

Farmer sentiment bounces back

Farmer sentiment bounces back

October provided a surprising pre-election bounce in farmer sentiment as the Purdue University-CME Group Ag Economy Barometer climbed to 115, 27 points above the September index. The biggest driver of the sentiment improvement was an increase in producers’ confidence...

FARM Act could help in lieu of new Farm Bill

FARM Act could help in lieu of new Farm Bill

Farm economics are in trouble right now. Profit margins are tight, and there is no relief in sight. Part of that problem centers around the fact that we still don’t have a new Farm Bill for a second year. Policies built on ten-year-old data still govern a farm economy...

South American Weather and Crop Update (11-5-24)

South American Weather and Crop Update (11-5-24)

With the amount of rain that has fallen in South America, any crop concerns that were held earlier in the season have virtually disappeared. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said Brazil...

USMEF Strategic Planning Conference will focus on trade relationships

USMEF Strategic Planning Conference will focus on trade relationships

Members of the U.S. Meat Export Federation (USMEF) will gather in Tucson, Arizona, this week for the federation’s annual Strategic Planning Conference. USMEF Chair Randy Spronk will mark the end of his term of leadership of the organization. Spronk said that, over the...

How will farm bill deliberations play out in 2025?

How will farm bill deliberations play out in 2025?

United States Senator Chuck Grassley (R-IA) is sticking with his prediction of another one-year extension of the 2018 farm bill as Congress runs short on time in 2024. Grassley says that a new five-year farm bill being completed after the elections and during a lame...

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Ag groups react to tariff implementation

Ag groups react to tariff implementation

Many U.S. ag groups reacted to the President’s decision to implement tariffs on Canada, Mexico, and China. Rob Larew, President of the National Farmers Union, says tariffs will have serious consequences for American agriculture. “We’re already facing significant...

AFBF comments on Trump tariff situation

AFBF comments on Trump tariff situation

At 12:01 A.M. on Tuesday, March 4, tariffs on Mexican and Canadian imports went into effect. At the same time, the tariff on Chinese imports doubled. Dave Salmonsen, senior director of government affairs with the American Farm Bureau Federation, says these tariffs now...