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Uncertainty around Brazil’s production forecast for 2027

Uncertainty around Brazil’s production forecast for 2027

Brazil’s corn and soybean crops could have a major impact on global grain markets. Joanna Colussi, a research assistant professor of agricultural economics at Purdue University, identified fertilizer as the root of the problem. Colussi discussed how the stagnant profit margins put financial stress on farmers. According to her, farmers are now forced to take out loans to cover costs. For Colussi, unfavorable weather could also be a limiting factor in Brazilian farmers' crop...

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E15 heads to House vote under cloud of distrust

E15 heads to House vote under cloud of distrust

A standalone bill allowing nationwide year-round sales of E15 is still expected to receive a vote in the U.S. House this week, but the path to that vote has created growing frustration among many agriculture state lawmakers. The tension began when Speaker Mike Johnson...

Grain markets monitoring three major headlines

Grain markets monitoring three major headlines

The ag marketplace has been all over the place recently. This week alone saw double-digit moves in both positive and negative directions for corn and soybeans, with both markets finishing the week higher. There are a few major news factors that have led to this...

Tracking fertilizer costs since the beginning of the conflict in Iran

Tracking fertilizer costs since the beginning of the conflict in Iran

Fertilizer prices have climbed sharply following the outbreak of conflict involving Iran, raising concerns about higher production costs for U.S. farmers in the years ahead. Analysts say nitrogen fertilizers have seen the largest increases due to disruptions tied to...

E15 fight reaches critical moment in Congress

E15 fight reaches critical moment in Congress

The push for nationwide year-round E15 could soon clear one of its biggest hurdles yet as the U.S. House prepares to vote on standalone legislation next week that would permanently allow the fuel blend to be sold through the summer driving season nationwide. Growth...

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