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Oil prices move lower in response to peace talk rumors

Oil prices move lower in response to peace talk rumors

After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to restart peace talks. Fuel prices, however, continued to climb. Gasoline prices are up again across the country this week, with diesel prices remaining at an all-time high of $7.37 a gallon. There are still many questions about...

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Farmers remain cautious about AI technology

Farmers remain cautious about AI technology

Artificial intelligence is becoming a larger part of agriculture, but many farmers remain cautious about adopting the technology, according to the latest Purdue University CME Group Ag Economy Barometer. The monthly survey asked producers about artificial intelligence...

Looking for profits amid heightened grain market volatility

Looking for profits amid heightened grain market volatility

The markets are already volatile at this time of year, but when you add a few global news headlines on top of that, you get what we are currently seeing in the ag marketplace: chaos, chaos, and more chaos. Michael Weidner, director of grain origination and producer...

Cattle marketplace continues to grind lower

Cattle marketplace continues to grind lower

While the grain side of the ag marketplace has seen some price relief in recent days following the most recent USDA reports, soybean purchases by China, and weather premium being priced into the market due to heat concerns, the cattle side of the ag marketplace is a...

Dairy leaders push for ag labor reform on Capitol Hill

Dairy leaders push for ag labor reform on Capitol Hill

Dairy farmers from across the country took their message to Capitol Hill this week, urging lawmakers to advance agricultural labor reform and other key dairy priorities. More than three dozen advocates participated in the National Milk Producers Federation's State...

Brazil farmers facing a “perfect storm” of financial conditions

Brazil farmers facing a “perfect storm” of financial conditions

Brazil, the top global competitor to U.S. corn and soybeans, just wrapped up another huge harvest, but the next crop might have a less favorable fate. Dr. Michael Cordonnier, President of Soybean & Corn Advisor in Hinsdale, Illinois, describes a combination of...

Corn growers press Congress for solutions

Corn growers press Congress for solutions

Corn growers from across the country are in Washington, D.C., this week for the National Corn Growers Association's Corn Congress and fly in, where they're meeting with members of Congress and administration officials to discuss the challenges facing agriculture and...

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Iowa State Fair just two weeks away

Iowa State Fair just two weeks away

With just two weeks until the Iowa State Fair opens, excitement is building for one of Iowa's signature summer traditions. As county fair season begins to wind down, Iowa Agriculture Secretary Mike Naig says those local fairs continue to connect Iowans with...

GLP-1 trend fuels demand for U.S. dairy

GLP-1 trend fuels demand for U.S. dairy

Consumer demand is reshaping the dairy industry, introducing new market opportunities for versatile dairy producers. The biggest growth isn't coming from traditional products like cheese and butter. Instead, processors are investing heavily in high-protein milk,...

USDA reminds farmers of important deadlines

USDA reminds farmers of important deadlines

USDA is reminding farmers and ranchers that deadlines are approaching for several programs designed to help offset higher input costs, recover from disasters, and strengthen financial protection. The Farm Service Agency says applications for the Assistance for...

Extreme heat impacts the Midwest

Extreme heat impacts the Midwest

Extreme heat has been impacting the western two-thirds of the United States in recent days as crops are in critical stages of growth. One example of the intense heat occurred recently in the badlands of South Dakota says USDA meteorologist Brad Rippey. Although...