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Brazilian soybean harvest underway
With a main global competitor of U.S. soybeans now beginning harvest for this year's crop, what is the outlook for Brazil’s production this season? USDA World Agricultural Outlook Board Chair Mark Jekanowski provides the latest update on the Brazilian growing season. Jekanowski says the three-million-ton month over month increase in Brazilian soybean production is the biggest factor in the 3.1-million-ton rise in global production in the January WASDE report. He adds that Brazil and the United...
Nebraska rancher Steve Hanson elected as USMEF chair
Steve Hanson, a rancher and cattle feeder from Elsie, Nebraska, was elected chair of the U.S. Meat Export Federation (USMEF) at the organization’s Strategic Planning Conference in Tucson, Arizona on Friday. Hanson said one of his priorities will be to highlight the...
A November soybean surprise
In most years the USDA November WASDE report does not make significant changes to the yield and production forecast for soybeans. That’s USDA Chief Economist Seth Meyer. He says that last Friday’s WASDE report provided a November surprise by cutting the previous...
Updated estimates of renewable diesel through 2026
University of Illinois analysts looked into the future of renewable diesel production in the U.S. and saw some headwinds. Renewable diesel production capacity has exploded in recent years, increasing by more than three billion gallons. This substantially impacted fats...
AI’s presence continues to grow in agriculture
It seems like every time that we blink, artificial intelligence, or AI, has found a new way of helping us do our tasks a little bit better. Sometimes, it can also be a little scary. We harken back to some classic movies where AI has become too smart and has put...
November WASDE looks mostly friendly for corn and beans
This busy news week is wrapping up with the November World Agricultural Supply and Demand Estimates (WASDE) report. While concerns over tariffs still remain, the ag marketplace has not adjusted sharply in either direction. Allendale commodity broker Greg McBride said...
Farmers need relief from economic conditions and natural disasters
A trifecta of natural disasters, high input costs, and poor economic conditions has made the last year difficult for farmers and ranchers. Betty Resnick, an economist for the American Farm Bureau Federation, says there is some relief on the way, but more is needed....
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More Ag News
California’s Prop 12 isn’t the only legislation of its kind
California’s Prop 12 is well known within the U.S. pork industry for causing challenges in selling products into the state. However, it’s not the first time that a state has tried this. Bryan Humphreys, CEO of the National Pork Producers Council, said something...
You can’t move forward if you’re only looking back
Recognizing and appreciating your past accomplishments is essential, reminding you of how far you’ve come and the challenges you’ve overcome. However, if you dwell too long on past successes, you risk losing sight of new opportunities and growth. True progress comes...
Short stature corn can unlock higher yields
It can still feel like a new product, but short stature corn has been in the market for decades now. As planting season gets nearer, farmers may want to consider this resilient and flexible corn hybrid. Myron Stine, president of Stine Seed, said they believe short...
Farm Bureau details another busy week in D.C.
Several hot topics are making waves in Washington, D.C. this week, and the American Farm Bureau Federation is keeping track of all of them. Just one month after a new Congress was sworn in and two weeks after a new President was inaugurated, our nation’s capital is...
Canada and Mexico tariffs delayed, Grassley voices concerns about potash imports
Last weekend President Trump announced a plan to implement 25% tariffs on imported goods from Mexico and Canada. The tariffs have since been delayed for 30 days to allow for more time for negotiations. United States Senator Chuck Grassley (R-IA) says that although he...
