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House Ag Committee advances farm bill

House Ag Committee advances farm bill

The House Agriculture Committee advanced a Republican-led farm bill 34-17 in a vote early on Thursday. While the markup was slowed by partisan fighting about the package, the legislation was approved with the backing of seven Democrats. Politico said that the bill is basically the same as legislation that House Ag Committee Chair Glen Thompson advanced out of the committee two years ago. House Ag Ranking Member Angie Craig said that despite “bipartisan improvements” during the amendment...

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U.S. export sales take a step back

USDA data shows export sales of corn, beans, and wheat all fell week-to-week during the seven days ending on September 15. Corn sales during the week dropped sharply to 182,300 metric tons from 583,000 tons during the previous week. Japan was the biggest buyer at...

China food security policy may mean lower soybean demand

China food security policy may mean lower soybean demand

A Bloomberg article has a large number of soybean farmers around the world worried about the future of Chinese soybean demand. The Chinese government is attempting to boost the country?s food security by trying to lower the number of soybeans turned into animal feed....

Biofuel industry leaders discuss RFS and ?The Set?

The Environmental Protection Agency is quickly approaching its deadline to propose a multi-year rule called ?The Set.? The rule will establish a new baseline growth in low-carbon biofuels. Several national farm and biofuel leaders held a webinar to discuss the future...

September WASDE report soybean forecast tempers expectations

September WASDE report soybean forecast tempers expectations

USDA?s September World Agricultural Supply and Demand Estimates report predicts a smaller soybean crop than previously forecasted, but still the fourth largest crop on record. Mac Marshall, United Soybean Board and U.S. Soybean Export Council Vice President of Market...

Could high pathogenic avian influenza return this fall?

Could high pathogenic avian influenza return this fall?

This spring, we all went through something we were hoping never to have to go through again. That was the return of high pathogenic avian influenza to the Midwest. After the lessons we learned in 2015, we were ready for this go around. While any loss of flocks is...

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U.S. Export Sales Report (6-2-23)

U.S. Export Sales Report (6-2-23)

This week?s export sales weren?t as negative as what we?ve been seeing recently. Overall, there are some pretty interesting things happening in the export markets. Allendale commodity broker Greg McBride provided an update on the latest export numbers from the...