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Skor outlines path to year-round E15
The push for year-round E15 is gaining new urgency as the ethanol industry looks to secure long-term certainty after months of political churn in Washington. Growth Energy CEO Emily Skor says the past year brought meaningful progress for higher blends, but the work is far from finished. She says the next several months will be critical in determining whether the momentum that has been building can finally deliver a permanent solution. Skor says the industry is actually in a much stronger...
Whole Milk for Healthy Kids Act looking to advance in Senate
Following the recent House passage of the Whole Milk for Healthy Kids Act, attention now turns towards the Senate to take action. National Milk Producers Federation Senior Director of Government Relations and Head of Nutrition Policy Claudia Larson, said there’s...
Ag challenges require new five-year farm bill in 2024
The one-year extension of the farm bill in 2023 did leave a bit of a sour taste in the mouth of legislators and ag groups that pushed hard for a new five-year farm bill. However, the one-year extension does serve a vital purpose says Mike Stranz, vice president of...
Tighter margins ahead in 2024
Despite a drop in key operating costs, Rabobank says contracted margins in 2023 will continue into the new year. Soybean farmers are likely to achieve good margins in the 2024 season, but corn farmers will feel their margins pressured by ample supply. Wheat margins...
Congressman Nunn talks new CRP bill & railroad debacle at the border
There are many juggling pins in the air for the agriculture industry in Washington, DC. Yesterday we talked about the E15 situation with EPA, we still need a Farm Bill, and farmers need the tools to do their jobs properly and shipping lanes that are open for us to...
South American Weather and Crop Update (12-19-23)
Spotty rain has entered the forecast in South America. While it would possibly be enough rain for our growing season, both Argentina and Brazil need significantly more rain than that. Allendale commodity broker Greg McBride gave an update on the latest weather...
China cutting back on soybean imports
The December World Ag Supply and Demand Estimates showed that China will cut back on soybean imports. Mac Marshall, vice president of market intelligence for the United Soybean Board, said the slowdown isn’t a surprise. “Margins for hog producers have been tough...
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Global pork production returning to profitability
A recent Rabobank report says the global pork industry is starting to shift as sow herd numbers begin to plateau after declining for some time. The stabilization is a result of better-than-expected consumption trends coupled with reduced production costs across most...
Renewable propane is a groundbreaking area of bio-based fuels
We have spent a lot of time talking about the renewable fuels marketplace. Whether it is E15, Sustainable Aviation Fuel, or even bio-diesel, we can find solutions to our energy and environmental needs in many ways. As we focus on many of these ag-based products, the...
Slow start to planting could make for an interesting May WASDE
Friday’s upcoming WASDE report is an important one, as it is the first report after the start of planting season. While the beginning of planting season has been slow, analysts are unsure of whether or not any changes will be made by the USDA. Ross Baldwin of...
Interest rates and low prices are still squeezing farmers
Rabobank’s RaboResearch team released its bimonthly North American Agribusiness Review. The report analyzes market conditions and trends in North American agriculture. Roland Fumasi, North American Regional Head of RaboResearch, said interest rates are still squeezing...
Grassley says Congress still not close to agreeing on farm bill framework
Despite apparent progress towards continuing work on the farm bill, United States Senator Chuck Grassley (R-IA) does not think that Congress is any closer to finding agreement on the framework of a new bill. Instead, both sides appear still entrenched in their...
