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ASA welcomes 45Z updates supporting U.S. soybean farmers, biofuels
The American Soybean Association welcomed actions this week from the U.S. Department of Energy and Internal Revenue Service that provide greater clarity and usability for the 45Z Clean Fuel Production Credit, an important tool for supporting domestic biofuel production and demand for U.S. soybeans. DOE updated the 45ZCF-GREET model to incorporate carbon intensity adjustments for certain regenerative agricultural practices, including practices used in soybean production. At the same time, IRS...
European weather supports wheat prices
The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support...
U.S. Export Sales Report (7-9-26)
This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive...
Hot and dry weather expected in the Corn Belt
A heat dome is moving northward from Southern California to the Dakotas and the Corn Belt, bringing temperatures more than 10 degrees above average for several days. AccuWeather Senior Meteorologist Chad Merrill describes the weather across the Corn Belt as hot and...
Adjuvants are vital to drone spraying effectiveness
When spraying with a traditional ground rig, adjuvants can help to improve the efficacy of the application by improving droplet spread, increasing the amount of product that contacts the target, and reducing drift. Those same benefits can also be found when adding...
Study: U.S. producers pay more for inputs than Brazil producers
The National Corn Growers Association says a new study confirms what many farmers have suspected for years: U.S. producers are paying far more for crop inputs than their biggest global competitor, Brazil. The report found American corn farmers paid an average of 68...
Iowa Farmers Union sees growing farm stress
Iowa Farmers Union President Aaron Lehman says continued financial pressure is changing the way many farmers operate, forcing producers to delay investments that could have lasting effects on their farms and rural communities. Lehman made the remarks while serving as...
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More Ag News
Southern Rust has been detected again in Iowa
Last year, Southern Rust made a late appearance in corn fields across Iowa and wreaked havoc on yields. Yesterday, Southern Rust was officially confirmed in a few Iowa counties, which is particularly alarming considering the similar timing to last year's problems....
Russia-Ukraine war driving price movement in grain markets
The wheat complex has featured significant price movement to the upside in recent days, and world events are driving most of the gains in the marketplace. That’s according to Jim McCormick, co-founder of AgMarket.net, who says that recent developments in the...
AFBF analyzes policy solutions for fertilizer challenges
The cost and availability of fertilizer are still relevant issues for many farmers this year. American Farm Bureau Economist Faith Parum discussed AFBF's new white paper aimed at addressing current volatility in the fertilizer market. The paper examined various...
Pork exports continue to build momentum
Strong global demand continues to boost U.S. pork exports, with both export value and volume running ahead of last year's pace. Through May, U.S. pork exports totaled $3.59 billion, up five percent, while export volume climbed five percent to 1.28 million metric tons....
Satellite technology gives farmers another perspective
Weather has always been one of agriculture's biggest wild cards, but today's farmers have more information than ever before to help them understand what is happening in their fields and around the world. Beyond the forecast on your phone or the rain gauge outside the...
