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RFA blames divided oil industry for no year-round E15 deal
The Renewable Fuels Association says that a deal on year-round E15 access could have crossed the finish line if not for infighting between a divided oil industry. Renewable Fuels Association Senior Vice-President Troy Bredenkamp says most of the oil industry was on board with a proposal agreed to with the American Petroleum Institute. This was the latest setback for year-round E15 legislation which has garnered a lot of support from ag groups and legislators but has yet to be passed by...
Beef exports set new monthly records, pork exports reach 2022 high
U.S. beef exports set new volume and value records in May, according to the latest data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). May beef exports reached 135,006 metric tons (mt), up 1% from the previous high posted in May 2021. Export...
Weather & fuel prices create rocky start to the ag aviation season
Agricultural aviators have gotten off to a rocky start nationwide this year between weather and fuel prices. As the year continues to move on, it?s a busy time for these aviators. But how are the weather and fuel prices continuing to affect those agricultural...
Congresswoman Hinson talks domestic energy situation
A trip to the gas pump has been hurting more and more over the past few months and there isn?t really an end in sight. We hear a lot of ideas floated around. The President has even told Oil companies to flat out lower their prices, which can be a problem when you look...
Dairy industry speaks out at farm bill listening session
Dairy producers from several National Milk Producers Federation cooperatives urged Congress to create greater opportunities as they write the next farm bill. The dairy farmers are looking for opportunities to promote environmental stewardship, promote exports, and...
Canada?s Front of Package food warnings excludes ground pork, beef
New Front of Package nutritional labelling regulations were announced by the Canadian federal government and Health Canada. Affected food manufacturers have until January first of 2026 to comply with the requirements and change their existing labels. For those of you...
USDA?s numbers are favorable for soy demand & prices
On June 30th the United States Department of Agriculture (USDA) released their Acreage & Grain Stocks Report. It was the first planting information we received since March and gave us a picture of demand going forward. While it was by no means earth-shattering, the...
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Newly-released Pork & Partners providing benefits for health professionals
While diet trends and fads come and go, pork continues to be a nutrient-dense, versatile protein that can fit into a balanced diet. North Carolina pork producer Deb Balance said Pork & Partners, funded by the Pork Checkoff, distributes science-based research and...
Senate passes resolution overturning WOTUS rule
The Senate passed the Congressional Review Act joint resolution of disapproval that overturns the Biden Administration?s Waters of the United States Rule by a 53-43 vote. Senator Shelley Moore Capito (R-W.VA.), ranking member of the Environment and Public Works...
Hogs & Pigs Report was excitingly average at best
For the past weeks and months, the markets have been taking hogs out behind the woodshed, for lack of a better term. Supplies have not been a problem for a few years now. That is keeping the market pressured and demand can change depending on which way the winds of...
Economist details FBN planting intentions report
Farmers Business Network released its annual planting intentions report earlier this week ahead of the Friday release of the USDA prospective planting report. Kevin McNew the chief economist at FBN says the survey provides some surprising data.McNew says that...
U.S. Export Sales Report (3-30-23)
Ahead of tomorrow?s prospective plantings report, today?s export sales report was fairly mild. Corn had a decent report following last week?s excellent numbers, and soybeans were low once again. Allendale commodity broker Greg McBride provided a breakdown of this...
