Soybeans were higher on commercial and technical buying, pulling the most active months to a weekly gain. It was an up and down day, with beans eventually able to sustain a bounce off the recent lows while continuing to watch conditions in South America. Export demand is slow, with Brazil controlling the market, despite questions…… Continue Reading
The head of EPA says an office within his agency is being created to help solidify relationships with the ag sector. Speaking to attendees of Commodity Classic in Houston, Texas Friday morning, Administrator Michael Regan said for the first time ever, EPA is establishing an Office of Agriculture and Rural Affairs. “To expand engagement opportunities…… Continue Reading
Mar. corn closed at $4.12 and 1/4, down 3 and 1/2 centsMar. soybeans closed at $11.43, up 14 and 3/4 centsMar. soybean meal closed at $334.00, up 70 centsMar. soybean oil closed at 44.62, down 4 pointsMar. wheat closed at $5.60, down 17 and 1/2 centsApr. live cattle closed at $188.45, up $3.10Mar. feeder cattle…… Continue Reading
Warmer temperatures have Midwest farmers thinking about fieldwork and recalling another recent mild late winter. Eric Snodgrass, chief science fellow at Nutrien Ag Solutions, says the unseasonably warm and dry conditions have raised concerns… “It is likely going to be one of the warmest winters on record here in the Midwest.” He says, “And so…… Continue Reading
Corn for ethanol use declined in January 2024. The USDA says 433.596 million bushels of corn were used for fuel alcohol production, below pre-report expectations, down 10% from December and 2% from January 2023, with partially impacted by inclement weather and tighter operating margins. Production of distillers dried grains with solubles was 1,763,387 tons, a…… Continue Reading
An ag transportation expert says the drought situation along the Panama Canal could become the top challenge facing the U.S. grain export system in 2024. Mike Steenhoek, executive director of the Soy Transportation Coalition, says water levels remain very low. “You’re seeing more and more exports that leave from the Gulf of Mexico having to…… Continue Reading
Now that President Biden has signed the stopgap bill into law, a U.S. Representative from Iowa says lawmakers need to prioritize the farm bill. “We sent a letter to Speaker Johnson urging him to move forward and work on a new farm bill,” Republican Ashley Hinson said. Hinson says she’s optimistic a bipartisan farm bill…… Continue Reading
Brooks and his wife Trisha Yearwood are taking fans behind the scenes in their new series. Continue reading…… Continue Reading
On March 1, 1968, Cash wed Carter in Franklin, Ky. Continue reading…… Continue Reading
Chevron Renewable Energy Group says it’s shutting down two Midwestern biodiesel plants indefinitely. In a press release, company officials cited poor market conditions resulting from weak biodiesel volumes under the federal Renewable Fuel Standard. The impacted sites are located in Ralston, Iowa and Madison, Wisconsin. Grant Kimberley, executive director of the Iowa Biodiesel Board, stated…… Continue Reading
