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It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed- what does matter is whether or not ships are going through it. Linville said these aren’t the highest fertilizer prices we’ve ever seen, but the main problem stems from the fact that the grain prices don’t reflect the inflated...

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AFBF President offers solutions to Senate Ag Committee

AFBF President offers solutions to Senate Ag Committee

As farmers and ranchers continue to grapple with a difficult farm economy, the Senate Agriculture Committee recently held a hearing to discuss solutions. American Farm Bureau Federation President Zippy Duvall was one of the experts to present testimony before the...

Cattle industry hopeful for expanding trade opportunities overseas

Cattle industry hopeful for expanding trade opportunities overseas

With the current administration in Washington D.C. attempting to rework more favorable trade with international partners, producers have had to show patience. In some cases, they have had to endure short term pain in hopes of long-term gain. Kent Bacus, the executive...

Specialty crop payment rates due in April

Specialty crop payment rates due in April

The USDA has already allocated over $6 billion in payments under the Farmer Bridge Assistance Programs. Payment rates for specialty crops under the program are due in early April. “I believe we’ll have those payment rates in place by early next month,” Deputy Ag...

Crop protection strategies key in tight margin year

Crop protection strategies key in tight margin year

With tighter margins facing agriculture this year, producers are being encouraged to take a close look at their risk management plans as the March 16 crop insurance deadline approaches. Reviewing coverage options and making sure protection aligns with a farm’s cost of...

Very few changes made in March WASDE report

Very few changes made in March WASDE report

As expected, the USDA made very minor changes to the numbers in the March WASDE report. The U.S. ending stocks were left alone, and the crop production estimates for Brazil and Argentina were slightly adjusted. Allendale commodity broker Greg McBride said it was a...

Grassley gives update on Farm Bill 2.0

Grassley gives update on Farm Bill 2.0

The latest farm bill proposal, known as Farm Bill 2.0, recently passed through the House Ag Committee and now will move to the floor of the House for consideration. United States Senator Chuck Grassley (R-IA) was asked on Tuesday for his thoughts on the bill and what...

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