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Soybean markets turning more attention to planting in South America
As harvest wraps up in the United States, oilseed markets are turning more attention to planting progress in South America. USDA Outlook Board Chairman Mark Jekanowski says the markets have a new focus. He says oil seed analysts and traders are paying close attention to Brazil. The November WASDE report will be published by the USDA at 11am central time on Friday November 8th with an updated forecast for South American production.
Ethanol depends on reliable rail service
Growth Energy highlighted many issues currently plaguing the nation’s rail service that has resulted in delayed shipments, longer wait times, and higher costs for American ethanol producers. The group’s Senior Vice President of Regulatory Affairs, Chris Bliley,...
Iowa Nitrogen Initiative is looking for more farmer partners
When it comes to how we can do things better in our farming operations, we are always learning. That is a constant across every generation that has farmed your land. We are always learning how to do things better, more efficiently, and more cost-effectively. Research...
Landus teams up with Wessels Oil Company to create Landus Energy
Towards the end of this year’s Farm Progress Show, Landus announced a collaborative venture with Wessels Oil Company- Landus Energy. This partnership will use the strengths of both organizations to enhance the ability to deliver energy products to consumers. Bruce...
U.S. Export Sales Report (9-19-24)
We are still early in the new marketing year, and we’ve started off with some nice export sales numbers. Allendale commodity broker Greg McBride said the corn sales came in as expected. McBride said the numbers were even better for soybeans. While sales are still...
RFA addresses EPA tailpipe rule and 45Z tax credit guidance delays
Renewable Fuels Association president and CEO Geoff Cooper, in a wide-ranging press call, slammed the EPA’s tailpipe emissions rule and delays in issuing 45Z tax credit rules. Cooper’s group joined other ag-related groups in suing the Environmental Protection Agency...
Secretary Naig urges Iowans to focus on safety this harvest season
With the busy harvest season commencing across the state, Iowa Secretary of Agriculture Mike Naig is urging Iowans to keep safety top of mind in the field, around the farm and on the road. In recognition of National Farm Safety and Health Week, Secretary Naig has...
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U.S. hog inventory up slightly
The U.S. inventory of hogs and pigs on September 1, 2024, totaled 76.5 million head, up slightly from September 1, 2023, and two percent higher than June 1, 2024. Breeding inventory, at 6.04 million head, was down two percent from last year, but up one percent from...
Rural North Carolina reeling after Hurricane Helene
We are no stranger to storm damage in the Midwest. Hail, tornados, and derechos can wreak havoc on our acres. But for everything we deal with, except for the 2020 derecho, it is nothing compared to the strength of a hurricane. The Southeastern part of the country is...
Quarterly Grain Stocks report didn’t make much of an impact
The grain markets were positioned for an impactful Quarterly Grain Stocks report, but what we got today was simply a neutral and slightly positive report. Allendale commodity broker Greg McBride said the corn numbers were friendly to the marketplace. McBride said the...
Partisan gridlock and the election could again delay farm, ag spending bills
Partisan gridlock and fallout from the November election could again force Congress to postpone key decisions for agriculture into 2025. It’s not just the farm bill, but USDA and other spending bills are also stuck in months of political gridlock in a narrowly divided...
Coastal port strike will have a big impact on meat and livestock industries
Longshoremen at ports along the East and Gulf Coasts are set to strike when their current labor contract expires at midnight tonight. U.S. Meat Export Federation Vice President for Economic Analysis Erin Borror said a shutdown will have a significant economic impact...