Top Stories
China honoring trade agreement and purchasing U.S. grain
The markets have been trending upward during this shortened trading week. After a rough start to the month, some recent headlines have given the corn and soybeans something to work with. Michael Weidner, director of grain origination and producer strategy at Landus Cooperative, said recent flash sales may be indicating that China will hold up its end of the trade agreement. Weidner said these purchases are a great starting point for the deal, which will continue through harvest this fall....
U.S. Export Sales Report (8-29-24)
Export sales have turned around now, as we saw great new crop sales again this week. Allendale commodity broker Greg McBride said these numbers are exactly what we want to see right now. McBride said that increased demand has really been showing through in the flash...
U.S. ag exports expected to decline in FY2025
U.S. agriculture exports are expected to face headwinds in Fiscal Year 2025 that will drive an estimated $4 billion drop in exports. Lower commodity prices are one big factor but USDA Chief Economist Seth Meyer says that a confluence of issues could challenge United...
USDA launches online debt consolidation tool
The USDA launched a new Debt Consolidation Tool that allows U.S. agricultural producers to enter their farm operating debt and evaluate the potential savings that might come from debt consolidation. That consolidation could come from either a local lender or the Farm...
Propane supply chain looking good for 2024 harvest & beyond
The harvest will be here before we know it and it is time to think about getting everything ready for that upcoming season. One of the unsung heroes of our harvest is our grain drying systems. More systems are switching to propane fuels as they get upgraded. Of...
CLAAS FARMPOINT brings repair services directly to farmers
Suffering a breakdown during the crop season can be devastating, especially during planting or harvest. Not only do you have to determine what the problem is and attempt to fix it, but you also have to spend the time driving to the dealership to get the parts you...
USDA forecasts an increasing trade deficit in 2025
The USDA forecasted the agricultural trade deficit to increase sharply to a record $42.5 billion in the coming fiscal year. That compares to $30.5 billion this fiscal year, which ends September 30. The widening trade gap, a source of frustration for many farmers and...
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More Ag News
South America likely to see few changes in January WASDE
With the January WASDE report coming out this Friday, the weather is a huge focus for the ag marketplace, especially since Argentina is seeing some less than favorable conditions. However, some slight weather troubles aren’t always a cause for concern right away....
Grassley questions EPA response on used cooking oil imports
The EPA and Customs and Border Protection have provided answers about why claimed-to-be used cooking oil, mainly from China, is allowed into the U.S. but Senator Chuck Grassley (R-IA) isn’t satisfied with the response. Grassley says the Environmental Protection Agency...
Nutrien Ag Solutions and Mossy Oak unite to celebrate conservation
Nutrien Ag Solutions® is excited to announce a collaboration with Mossy Oak®, along with their conservation arm, the GameKeepers. Mossy Oak is recognized in the outdoor lifestyle community for their dedication to land stewardship, conservation, and love of wildlife....
Specialty crop producer assistance deadline approaching
A deadline is approaching for U.S. specialty crop producers to sign up for marketing assistance. Applications are now open for USDA’s new $2 billion Marketing Assistance for Specialty Crops Program. Danny Munch, an economist for the American Farm Bureau Federation,...
NPB marketing to a new brand of customer (Pt 1)
As we continue to evolve the agriculture business, it goes without saying that we need also to evolve the marketing of our products. As the age evolves, so do the consumers. Life has changed from one generation to the next, however, the need to eat is just as strong...
