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Corn and soybean inspections dropped last week

Corn and soybean inspections dropped last week

Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down from the previous week but still above the same week last year. Soybean inspections fell to 418,592 metric tons, although they remained well ahead of year-ago levels. Wheat inspections climbed to 373,611 metric tons from the...

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Farm bankruptcies up sharply in 2024

Farm bankruptcies up sharply in 2024

Federal courts report that 216 farm bankruptcies were filed in 2024, up 55% from 2023. All but one region had increases in Chapter 12 bankruptcy filings last year. Bankruptcy filings in territories and states outside the contiguous 48 states – designated “Other” by...

Buyers show heightened interest in U.S. beef at Gulfood Trade Show

Buyers show heightened interest in U.S. beef at Gulfood Trade Show

Gulfood is one of the largest food trade shows in the world, attracting tens of thousands of prospective buyers to Dubai, United Arab Emirates. Reporting from a busy USA Pavilion at Gulfood, U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom said the...

Farmers worry about future of conservation assistance funds

Farmers worry about future of conservation assistance funds

Farmers across the country are on edge as the Trump Administration’s sudden spending freezes cast doubt on crucial cost-share payments they were promised. These funds, secured through contracts, are not just bureaucratic line items, they are the backbone of farm...

Corn and soybean inspections dropped last week

U.S. Export Sales Report (2-21-25)

For the most part, this week marked another uneventful week of export sales. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. Brazil still holds the discount for both corn and soybeans. However, McBride said U.S. corn sales...

Ag machinery manufacturers worried about tariffs

Ag machinery manufacturers worried about tariffs

Many segments of U.S. agriculture are concerned about the possibility of the Trump administration implementing tariffs and the possibility of reciprocal tariffs put in place by trade partners. Curt Blades, senior vice president of the Association of Equipment...

Secretary Rollins releases the first tranche of funding under review

Today, U.S. Secretary of Agriculture Brooke Rollins announced that USDA will release the first tranche of funding that was paused due to the review of funding in the Inflation Reduction Act (IRA). In alignment with White House directives, Secretary Rollins will honor...

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