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U.S. soybean farmers face higher input costs than Brazilian producers

U.S. soybean farmers face higher input costs than Brazilian producers

U.S. soybean farmers spend considerably more per acre on production inputs than their counterparts in Brazil, according to a new Farmdoc daily report. The report estimates total input costs average 616 dollars per acre in the United States, compared with 416 dollars in Brazil. Seed costs account for part of the difference, with U.S. farmers spending an average of 66 dollars per acre, compared with 43 dollars in Brazil. But the cost picture varies by input. Brazilian farmers spend more on...

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Ag groups seek stability in uncertain markets

Ag groups seek stability in uncertain markets

It has been a week since President Donald Trump and Chinese President Xi Jinping met at the White House, and U.S. agriculture continues to watch for signs that those discussions could lead to stronger trade relationships. Representatives from the ethanol and cattle...

U.S. Export Sales Report (10-1-26)

U.S. Export Sales Report (10-1-26)

Following yesterday’s bearish Quarterly Grain Stocks report, this week’s export sales came in mixed for corn and soybeans. Allendale commodity broker Greg McBride said the corn sales are still behind the USDA’s expectations, which will likely cause a correction to be...

Crop harvest pace on track nationally despite Midwest weather delays

Crop harvest pace on track nationally despite Midwest weather delays

Harvest is off to a slow start in Iowa with many farmers unable to begin due to the wet weather conditions in the early portion of the fall season. Despite the delay in harvesting in parts of the Corn Belt and Midwest, USDA meteorologist Brad Rippey says that...

Old Farmer’s Almanac predicting a stormy first half of winter

Old Farmer’s Almanac predicting a stormy first half of winter

Fall has officially started, and already a lot of focus is on what the weather might look like this winter. According to the Old Farmer’s Almanac, the first half of this coming winter might be similar to the winter of 1997-1998, which was one of the warmest and...

More farmer aid unlikely until after midterm elections

More farmer aid unlikely until after midterm elections

Republican lawmakers are warning that additional farm aid may not reach producers fast enough. Politico reported that Republicans are pushing to attach roughly $11 billion in direct farm assistance to a defense spending package. Payments likely would not arrive until...

USDA expands risk management options for farmers

USDA expands risk management options for farmers

Farmers enrolled in Agriculture Risk Coverage now have more flexibility when putting together their crop insurance protection. USDA Undersecretary for Farm Production and Conservation Richard Fordyce says a previous restriction prevented producers from purchasing...

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ARC and PLC payout highest ever

ARC and PLC payout highest ever

ARC and PLC will pay out record amounts to producers this year as the amounts were raised under last year’s Working Families Tax Cut Act. That is United States Senator Chuck Grassley (R-IA) referencing ARC and PLC, he says that the programs have been adjusted and now...