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Recapping a volatile week in the grain markets
President Trump’s meeting with China President Xi Jinping is over, and, unfortunately, it doesn’t seem like there was much discussion about agriculture. The ag industry was hoping for some official trade deals, but all we’ve seen so far are verbal agreements between the U.S. and China. However, we don’t know everything yet, so there is still time to get some good news. Curt Kimmel of AgMarket.Net said there was a lot of optimism in the grain markets heading into this meeting. Surprisingly,...
Adapting to an ever-changing ag industry
Agriculture is constantly changing, and sometimes that change can happen extremely quickly. As a result, it’s important for companies at the forefront of ag technology to be able to change and adapt quickly as well. Matt Chambers, vice chair of the board for Landus,...
ISU’s Veterinary Diagnostic Laboratory dedicates first phase of new facility
AMES, Iowa – Iowa State University celebrated a significant milestone in the advancement of the College of Veterinary Medicine’s long-standing commitment to providing state-of-the-art diagnostic services in support of Iowa’s $32.5 billion animal agriculture industry....
New crop protection options available in sweet corn hybrids
Efficiency is everything when raising a crop these days. Market prices aren’t as attractive as they were, input costs are constantly rising, and the profit margins are getting squeezed thinner and thinner all the time. So, if there is an opportunity to do a little...
Updating reference prices must be a priority in the next farm bill
As input prices go up and commodity prices go down, farmers rely on the reference prices in the farm safety net to help stay in business when margins get squeezed. Betty Resnick, an economist with the American Farm Bureau Federation (AFBF), explained the basics of...
U.S. Export Sales Report (4-4-24)
Another week of uneventful export sales has come and gone with little reaction from the markets. Allendale commodity broker Greg McBride gave an update on the latest numbers for corn. Beans were much worse off, though, as this week marked the eleventh week in a row of...
Summertime E15 waiver decision timeline
The clock is ticking, and time is running out for the Biden EPA to decide on a summertime E15 waiver which would allow for summer sales at the pump. A waiver is needed for sales of E15 to be allowed this summer, before a more permanent rule allowing for E15 sales goes...
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More Ag News
Case IH announces new AF9 and AF10 series combines
One of the most visually impressive sights at the Farm Progress Show every year is the cutting-edge machinery on display. This year was definitely the year of the combine for Case IH, with new models being announced approximately every 100 days. Kurt Coffey, vice...
U.S. Export Sales Report (9-6-24)
As the U.S. continues to have discounted grain in the global market, the export sales need to be following along as countries take advantage of the opportunity for cheaper corn and soybeans. Allendale commodity broker Greg McBride gave an update on the latest report...
USDA lowers forecast for farm production expenses
In most years a farmer can expect to pay more than they did the year before for production expenses. However, in USDA’s new farm income forecast for this year, the report calls for lower production expenses. That is Spiro Stafanou, administrator of USDA's Economic...
What’s keeping farmland prices high?
The farmland market across the Midwest is resilient. While the markets have been pushing lower for almost a year and reaching below breakeven levels, Doug Hensley, President of Hertz Farm Management, says we’ve not seen land prices retreat in a similar fashion. While...
Solinftec’s new docking station takes autonomy to new level
We have talked in the past about Solinftec’s autonomous sprayers that can go around your field, under solar power, and take care of your spraying needs 24/7. However, there have been questions about how often the unit needs attending. Just like with any piece of...
