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South American Weather and Crop Update (3-3-26)
As harvest wraps up in Brazil for the soybean crop, the safrinha corn crop is being planted right behind it. Allendale commodity broker Greg McBride said the weather forecast looks good for both processes to continue smoothly. While progress is behind the usual pace, McBride said there are still no major concerns with the amount of harvest progress that has been made so far. Some groups are lowering their estimates for Brazil’s 2026 harvest total, but McBride said it’s still going to be...
Demand for U.S. red meat continues to grow in Colombia
After a slow start to the year U.S. pork exports to Colombia rebounded strongly in the second quarter and are now 10% ahead of last year's record pace. Beef exports are also soaring, up 55% in volume and 78% in value over 2021. U.S. Meat Export Federation...
Assessing crop conditions with Beck’s Hybrids
The Beck's Hybrid's tent at the 2022 Farm Progress show gave farmers the chance to interact with seed representatives and other Beck's personnel and give a good picture of what producer's are seeing in the fields as harvest approaches.The 2022 growing season in this...
Real estate lending pushes farm debit higher
The Kansas City Fed says strong growth in farm real estate debt pushed agricultural loan balances higher at commercial banks in the second quarter. Outstanding farm debt increased by five percent from last year, the fastest pace in almost six years. While agricultural...
Nutrien?s ESN allows for a responsible release of nitrogen
While we haven?t had the chance to get the 2022 crop out of the fields, we are seeing plans being made get the 2023 crop underway. With the price and availability of inputs, this year is as hectic as any other to get this done. Also, fertilizer is a big question mark....
GrainVue can give farmers some peace of mind when drying grain
Farmers are constantly under a lot of pressure to manage many different parts of their operation all at once, no matter what time of year it is. As we get into harvest season, though, a lot of farmers are going to be monitoring their grain bins to make sure their crop...
Changes to the RFS don?t change its goals
The Renewable Fuel Standard (RFS) marked its 17th anniversary on August 8th. Joe Kakesh, general counsel for Growth Energy, talks about how the program is changing.?Until recently, Congress gave the EPA specific statutory volume for blending each year through 2022,?...
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More Ag News
Hinson countering Prop 12 with EATS Act
Last week, the Supreme Court rejected a challenge from the National Pork Producers Council (NPPC) and the American Farm Bureau Federation (AFBF) that sought to invalidate California Proposition 12, which would provide extra space requirements for breeding sows. As...
White House farm bill meeting leaves unanswered questions
House and Senate Ag Committee leaders were invited to the White House last week for farm bill talks with President Biden. It was an unusual move for meetings on the bill that is not even being written yet.A key Ag Committee Senator says President Biden may be using...
USDA projects record corn crop and increased soybean production
USDA?s May World Agricultural Supply and Demand Estimates projects increased corn and soybean production this year. In fact, Bernt Nelson, American Farm Bureau Federation economist, said USDA projects a record corn crop for 2023.?USDA estimated corn planted will be...
Market Psychology 101
Ok class, take your seats. It is time for today?s lecture.I will admit that psychology wasn?t my favorite class in college, but it does give us some insight into the way people think and react to certain situations. However, it is a little unusual to think about a...
Specialty crop farmers, beekeepers encouraged to update information on registry
Iowa Secretary of Agriculture Mike Naig today encouraged beekeepers and producers of pesticide sensitive crops to register, renew or update their production plots, fields and beehive locations on the Iowa Sensitive Crops Registry.?Specialty crop producers and...
