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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...
2024 National FFA Secretary is fueled by his competitive spirit
Thirty-seven candidates vied for the honor of being elected to the 2024-2025 National FFA Leadership Team during the recent National FFA Convention. Luke Jennings of Ohio was elected as the National Secretary, and he said his passion for agriculture started at a very...
Previewing the November WASDE report
The USDA will publish the November WASDE report at 11:00am central time on Friday. The report will provide updated yield estimates and any changes to supply and demand forecasts both domestically and internationally. Jim McCormick, co-founder of AgMarket.net, says...
Farmer sentiment bounces back
October provided a surprising pre-election bounce in farmer sentiment as the Purdue University-CME Group Ag Economy Barometer climbed to 115, 27 points above the September index. The biggest driver of the sentiment improvement was an increase in producers’ confidence...
FARM Act could help in lieu of new Farm Bill
Farm economics are in trouble right now. Profit margins are tight, and there is no relief in sight. Part of that problem centers around the fact that we still don’t have a new Farm Bill for a second year. Policies built on ten-year-old data still govern a farm economy...
South American Weather and Crop Update (11-5-24)
With the amount of rain that has fallen in South America, any crop concerns that were held earlier in the season have virtually disappeared. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said Brazil...
USMEF Strategic Planning Conference will focus on trade relationships
Members of the U.S. Meat Export Federation (USMEF) will gather in Tucson, Arizona, this week for the federation’s annual Strategic Planning Conference. USMEF Chair Randy Spronk will mark the end of his term of leadership of the organization. Spronk said that, over the...
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More Ag News
Driving demand for pork now and into the future
Matt Gent is now the past President of the Iowa Pork Producers Association. He moves into the role after serving as the President of the IPPA last year. Aaron Juergens has taken over as the new President of the organization for 2025. Gent tells the Iowa Agribusiness...
Cattle producers want to keep Section 199A around
Several tax bills have been recently introduced in Congress in order to protect several key tax provisions from the 2017 Tax Cuts and Jobs Act and ensure cattle producers can keep more of their hard-earned money. In the latest episode of the National Cattlemen’s Beef...
Tips to extend the life of farm tires
Every minute in the field counts, and durable tires are the key to keeping up. Firestone Ag Tire expert Bill Durivage says tire technology and design boost durability, allowing you to cover more ground with fewer replacements and greater reliability. Proper tire tread...
Farm Bill progress: optimism meets legislative realities
With a new Congress in place and fresh leadership in the Senate, the timetable for the next Farm Bill is taking shape amid shifting political priorities. Lawmakers face the challenge of crafting bipartisan legislation that addresses agriculture, nutrition, and rural...
U.S. agriculture directly in the bullseye
Mexico’s President Claudia Sheinbaum said she doesn’t believe the U.S. will impose tariffs on Saturday, February 1, as President Donald Trump had pledged. Reuters says her administration has already put a response plan in place if it becomes needed. The report says...
