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Latest USDA domestic fertilizer expansion efforts

Latest USDA domestic fertilizer expansion efforts

On Tuesday Agriculture Secretary Brooke Rollins provided updates on federal efforts to expand domestic fertilizer production in both short-term and long-term capacities. Speaking at USDA headquarters Rollins detailed some of the size and scope of the infrastructure currently being constructed in the U.S. Secretary Rollins also announced the resumption of USDA's fertilizer production expansion program. The aim of the program is expediting projects that were previously derailed by regulations....

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Expanded soybean processing capacity bringing added value to growers

Expanded soybean processing capacity bringing added value to growers

The number of soybeans that can be processed to feed the growing biofuels market is ever increasing thanks to expanded infrastructure that is in place or being built in the next few years. That is Grant Kimberley, the senior director of market development with the...

U.S. Export Sales Report (4-12-24)

U.S. Export Sales Report (4-12-24)

On top of the disappointing WASDE report, export sales were not great this week. Allendale commodity broker Greg McBride started off his analysis with the corn numbers. While this is the first disappointment we’ve seen in the corn exports in a while, McBride said this...

How El Niño and La Niña patterns will affect the growing season

How El Niño and La Niña patterns will affect the growing season

Farmers Business Network recently released a report detailing how El Niño will impact U.S. farmers this year. This growing season farmers are set to face a unique combination of El Niño in the spring and early summer and then a transition to La Niña conditions in the...

End of July Cattle Report will hurt beef industry

End of July Cattle Report will hurt beef industry

The USDA National Agricultural Statistics Service (NASS) recently announced it will no longer issue the July Cattle Report. Additionally, the agency is discontinuing the county estimates for crops and livestock and the Cotton Objective Yield Survey starting in the...

U.S. ethanol industry comments on Brazilian ethanol tariffs

The U.S. Grains Council, Growth Energy, and the Renewable Fuels Association jointly submitted comments to the Brazilian Chamber of Foreign Trade regarding the Brazilian tariff on imported U.S. ethanol. In October 2023, Brazil’s association of fuel importers formally...

Pork producers cautious but optimistic

Pork producers cautious but optimistic

The pork industry has been dealing with a lot of headwinds as we end the first third of 2024. While prices are going a little higher, consistency has been an issue. Markets have seen many radical shifts, many of which have not been good. However, uncertainty has not...

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U.S. Export Sales Report (4-12-24)

U.S. Export Sales Report (9-13-24)

With September being the beginning of the new marketing year, the export sales can be deceiving. Allendale commodity broker Greg McBride said this week’s numbers look better than they actually are. With all of that being said, though, McBride said the export sales...

Growers critical of tariff announcements

Growers critical of tariff announcements

The National Corn Growers Association and the American Soybean Association expressed frustration with a recently released recommendation from the Department of Commerce. The Department is recommending an imposition of preliminary countervailing duty rates on imports...