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Updated yield and acreage numbers to be featured in August WASDE and crop reports
The August WASDE report will be published by USDA on August 12th and will feature the latest USDA yield estimates. This makes the August WASDE and crop reports some of the more important reports of the year says USDA World Agricultural Outlook Board Chair Mark Jekanowski. Jekanowski says that the National Agricultural Statistics Service will also be providing updated acreage numbers in this month’s reports. Jekanowski provides some more background information on the acreage numbers in the...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
South American Weather and Crop Update (8-4-26)
As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...
Build-out continues on state-of-the-art animal disease lab
The Plum Island Animal Disease Center is being replaced by a brand-new facility in Kansas. The federal government continues relocating the animal disease laboratory from Plum Island, New York, to the new National Bio and Agro Defense Facility, or NBAF, in Manhattan,...
A disaster plan for your livestock operation is vital
Unfortunately for farmers and livestock producers, disaster can strike a farming operation at any time. A fire, flood, or tornado for example does not allow for much time to react. Dr. Mark van der List, a professional services veterinarian with Boehringer-Ingelheim,...
U.S. cropland value surpasses $6,000 per acre for first time
The average value of U.S. cropland has climbed above $6,000 per acre for the first time, underscoring the resilience of farmland prices despite weaker farm income and tighter profit margins. New data compiled by USDA’s National Agricultural Statistics Service show...
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Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
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...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
