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Farmers need to have flexible weed control programs
Weeds like water hemp are at the top of every farmer’s mind, especially as planting season rolls along. Producers need to have a broad spectrum of control in their weed management plans, or they will risk having those weeds develop resistances to the products they use. Drake Robards, U.S. portfolio marketing lead for soybean herbicides at Corteva, said they have several herbicides that help farmers create a comprehensive weed control program. With farmers planting earlier and earlier every...
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EPA’s E15 final decision welcome, but some questions remain
The Environmental Protection Agency has granted the request from eight Midwestern states, including Iowa, to sell year-round E15 beginning in 2025. The EPA approved the long-delayed petitions from eight Midwest governors to allow summertime sales of E15 in these...
U.S. Export Sales Report (2-23-24)
This week was not a good one for the grain markets, and that could be seen in this week’s export sales as well. Corn is still looking fine, but soybeans posted the lowest numbers for this week in over thirty years. Allendale commodity broker Greg McBride gave an...
U.S. milk production to grow slower in 2024
The good news is U.S. milk production is expected to grow in 2024. Michael McConnel of the USDA’s Chief Economist Office says the bad news is the growth rate will slow compared to last year. The good news for U.S. dairy farmers is it will cost less to feed their...
Brazil soybean exports double U.S. shipments
Brazil’s 2023 soybean exports reached a record 3.74 billion bushels, 29 percent higher than the previous year as Brazilian production hit record levels. Meanwhile, U.S. shipments dropped 14 percent to 1.78 billion bushels in the same period. The two countries are...
Farm loan repayments are beginning to slip
After a couple of years of great prices and good profit margins, we have seen the ag profit forecasts start to dip lower year by year. However, we had been consistently reassured that the ag economy was holding its own. Several indicators are considered when these...
