Daily Agri Marketing

Daily Agri Marketing2023-05-20T17:17:18-05:00

USDA Reports Record Interest In Its Conservation And Clean Energy Programs

Source: USDA news release WASHINGTON, DC, - On the heels of the first anniversary of President Biden's Inflation Reduction Act, the U.S. Department of Agriculture (USDA) has seen record interest in the conservation and clean energy programs that received funding from the law. As a key part of President Biden's [...]

By |September 21, 2023|

Argentine Seed Company Agrality Acquires Nebraska Irrigated Seeds

Source: Verant Partners news release Nebraska, - Agrality, a fast-growing global company specializing in seed industry solutions, is pleased to announce its recent acquisition of Nebraska Irrigated Seeds, located in Fremont, Nebraska. This investment includes four key sites which integrate an office, two ear-corn receiving, drying, and shelling facilities, along [...]

By |September 21, 2023|

Farm Bureau ; Make Dairy Pricing Allowances Reform A Must

Source: American Farm Bureau Feceration news release WASHINGTON, - American Farm Bureau Federation economist Danny Munch presented testimony today on behalf of AFBF and its membership at the ongoing Federal Milk Marketing Order Pricing Formula hearing. This is the third time an AFBF representative has testified at the hearing. AFBF [...]

By |September 20, 2023|

Avian Flu Returns To Canadian Poultry Flock, First Outbreak Since May

By Roy Graber, Feed & Grain Times Highly pathogenic avian influenza (HPAI) has returned to Canada, with the country's first detection of HPAI in a commercial poultry flock since May. According to a report from the World Organisation for Animal Health (WOAH) the presence of HPAI was confirmed in a [...]

By |September 20, 2023|

CoBank: Russian Wheat Exports Remain Biggest Risk To U.S. Wheat Elevators

Source: CoBank news release DENVER --A modest rebound in U.S. wheat production and supplies is improving the outlook for profitability among grain elevators that store wheat. Futures market carries have improved for all three major classes of wheat and the buy basis is widening following a bigger harvest. The larger [...]

By |September 20, 2023|

FarmHer and RanchHer Returning to RFD-TV In 2024

Source: RFD-TV and FarmHer news release Kirbe Schnoor (l) and Janie JohnsonFort Worth, Texas --- RFD-TV, in partnership with FarmHer, Inc., is proud to announce the selection of Kirbe Schnoor and Janie Johnson as its new television hosts for FarmHer and RanchHer, two shows returning to primetime on Rural America's [...]

By |September 19, 2023|

Class Action Suit Over Lely Robotic Milkers Settled For $122 Million

Source: Stueve Siegel Hanson LLP KANSAS CITY, Mo., /PRNewswire/ -- Following last year's $55M settlement with DeLaval Holding AB, DeLaval International AB, DeLaval Inc., and West Agro, Inc. Stueve Siegel Hanson LLP, Cullenberg & Tensen PLLC, and Perrone Law PLLC have achieved another historic settlement against a manufacturer of allegedly [...]

By |September 19, 2023|

EPA Resolves Litigation To Protect Endangered Species And Ensure Pesticides That Remain Available

Source: U.S. Environmental Protection Agency, Region 7 news release LENEXA, KAN. - The U.S. Department of Justice, on behalf of the U.S. Environmental Protection Agency (EPA), resolved longstanding litigation covering over 1,000 pesticide products, allowing EPA to fulfill its obligations to protect endangered species while conducting reviews and approvals of [...]

By |September 19, 2023|

U.S. Hard Red Winter Wheat Exports Are Lowest Since Records Started In 1973/74

By Keith Good, University of Illinois' FarmDoc program In its monthly Wheat Outlook report yesterday, the USDA's Economic Research Service (ERS) indicated that, "U.S. Hard Red Winter (HRW) exports are forecast down 10 million bushels this month to 155 million bushels, the lowest since records started in 1973/74. HRW supplies [...]

By |September 18, 2023|

Ag Economists Issue Report Tracking Fertilizer Prices, Their Impact On Ag Producers

by Nick Paulson, Gary Schnitkey, Joana Colussi and Jim BaltzDepartment of Agricultural and Consumer Economics, University of Illinois and Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University The prices of fertilizer products reached record highs in nominal terms in 2022. However, the price spikes in the [...]

By |September 18, 2023|

Soil Health Institute and Cargill Partner To Advance Water Stewardship Through Improved Soil Health

Source: Cargill news release Morrisville, North Carolina - The Soil Health Institute (SHI) and Cargill are coming together to advance implementation of regenerative agriculture practices through the promotion of water stewardship within agricultural supply chains. This 3-year, $3 million partnership will equip farmers, conservation planners, and sustainability experts across North [...]

By |September 18, 2023|

Rob-See-Co Launches Forage Division

Source: Rob-See-Co news release ELKHORN, Neb. - Rob-See-Co, an independent seed company located in Elkhorn, Neb. proudly announces the establishment of its new forage division and the introduction of an advanced evaluation system, designed to amplify the value delivered to Every Farm, Every Crop, Every Acre. The new division will [...]

By |September 15, 2023|

In New Survey Farmers Show High Interest In Harvest Autonomy

Source: Raven news release As the demand for agricultural output continues to rise, farmers in the U.S. and Canada are embracing autonomous technology to optimize their operations and boost productivity. A survey1 conducted by Raven and Forward Group in May 2022 revealed that 65% of the 225 harvest cart operators [...]

By |September 14, 2023|

U.S. Corn, Soybean Conditions: “Hovering At Their Lowest Levels In A Decade”

by Keith Good, University of Illinois' FarmDoc project DTN Managing Editor Anthony Greder reported yesterday that, "The 2023 U.S. corn harvest is slightly outpacing the five-year average so far as the crop continues to reach maturity ahead of normal, USDA NASS stated in its weekly Crop Progress report on Monday. [...]

By |September 13, 2023|

Iowa Governor Issues Harvest Proclamation, No Permits Required For Ag Supplies

Source: Agribusiness Association of Iowa news release Governor Kim Reynolds signed a proclamation relating to the weight limits and transportation of grain, animal feedstocks, fertilizer, and manure. The proclamation is effective immediately and continues through October 11, 2023. The proclamation allows vehicles transporting corn, soybeans, hay, straw, silage, stover, fertilizer [...]

By |September 12, 2023|

Beef Promotion Committee Approves $38 Million For 2024 Checkoff Plan Of Work

Source: Beef Board news release DENVER, Colo. - The Cattlemen's Beef Board (CBB) will invest approximately $38 million into programs of beef promotion, research, consumer information, industry information, foreign marketing, and producer communications during fiscal 2024, subject to USDA approval. In action at the end of its September 6-7 meeting [...]

By |September 12, 2023|

USDA Reports The Distribution Of Irrigated Acreage Has Shifted Eastward

Source: USDA news release Regional distribution of U.S. irrigated acreage changed significantly from 1949 to 2017. Trends in irrigated cropping patterns, technological advances, water availability, and changing growing-season weather drove this evolution. The arid Mountain and Pacific regions consistently irrigated the most farmland until 2007, when irrigated acreage in the [...]

By |September 11, 2023|

Global Food Prices Decline In August- Lowest In Two Years

by Keith Good, University of Illinois' FarmDoc project Bloomberg writer Agnieszka de Sousa reported today that, "Global food prices resumed declines to the lowest in more than two years amid ample supplies of cooking oils and dairy, even as worries persist over flows of key staples from some regions. "An [...]

By |September 11, 2023|

Briggs & Stratton To Discontinue Its Simplicity And Snapper Tractor Lines

By Ben Thorpe, Rural Lifestyle Dealer magazine In an internal dealer memo seen by Rural Lifestyle Dealer, Briggs & Stratton stated that effective immediately, it will no longer offer Simplicity and Snapper tractors in North America "due to the considerable year-over-year market decline for the tractor segment." In addition to [...]

By |September 11, 2023|

Industry Experts Comment On Glyphosate Oversupply And Outlook For The Product

By Daniel Jacobs, AgriBusiness Global Glufosinate, one of the most widely used herbicides on the planet, is under assault from several directions. Oversupply, regulation bans, global geopolitical conflicts, and resistance concerns all play in the pesticide's current struggles. "It would appear that both glufosinate and glyphosate are currently in an [...]

By |September 11, 2023|

Agri-Pulse Reports Top Ag Organizations’ CEO Compensation

Source: Agri Marketing magazine Agri-Pulse has issued its annual listing of the compensation and benefits received by the top officers in the Agricultural, Biofuel and Food Industry trade organizations. Those of highest interest to agri-marketers include (prior year): Ag Retailers Assn: Daren Coppock...$424K/2021...$408K/2020 American Seed Trade Assn: Andy LaVigne...$1,071K/2022...$1,035/2020 American [...]

By |September 11, 2023|

Certified Angus Beef Launches Direct-To-Consumer Program

Source: Certified Angus Beef news release Could your freezer beef carry the Certified Angus Beef (CAB) brand logo? Perhaps. With the launch of a new program, Angus farmers and ranchers have the option to market their beef directly to consumers as CAB product. Ranch to Table, a direct partnership program [...]

By |September 8, 2023|

KC Fed Reports Farm Debt Is Growing, Loan Performance Remains Strong

Source: Federal Reserve Bank of Kansas City Farm debt continued to increase alongside faster growth in farm production loans. Even as debt balances continued to grow, farm loan performance remained strong and delinquency rates edged lower for the third consecutive year. The net interest margin and return on assets at [...]

By |September 8, 2023|

Livestock Marketing Assn Concerned About Increasing Herd Liquidations, Announces New Program For Producers

Source: Livestock Marketing Association news release OVERLAND PARK, KANSAS -- Livestock Marketing Association members have a front-row seat to a disturbing trend: the continued loss of livestock producers across the U.S. They see this as a critical threat, not only to the livestock industry, but to the nation's food supply. [...]

By |September 7, 2023|

Purdue/CME Survey Finds Farmer Sentiment Dips Amid Weaker View Of Current Conditions

by James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture U.S. farmers' sentiment weakened in August compared to July as the Purdue University-CME Group Ag Economy Barometer dipped 8 points to a reading of 115. This month's decline was fueled by producers' weaker perception of current conditions both on [...]

By |September 6, 2023|

Putin Announces Grain Export In Black Sea Region Won’t Be Restored

Associated Press reports: Russian President Vladimir Putin said Monday that the grain deal that allowed Ukraine to export grain safely through the Black Sea won't be restored until the West meets its obligations to facilitate Russian agricultural exports. Putin made the statement after talks with Turkish President Recep Tayyip Erdogan, [...]

By |September 5, 2023|

U Of Illinois, Purdue Ag Economists Issue Updated Crop Budgets

By Gary Schnitkey, Nick Paulson, and Jim Baltz, Department of Agricultural and Consumer Economics, University of Illinois and Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University Corn and soybean budgets for 2024 are now available here on the farmodc website. Overall, projections are for lower costs [...]

By |August 31, 2023|

American Soybean Assn Expresses Concerns With EPA’s “Confusing & Harmful” Final WOTUS Rule

Source: American Soybean Association news release Washington, D.C. -- The American Soybean Association released a statement today in response to the Environmental Protection Agency's announcement of its final Waters of the U.S. (WOTUS) rule: "When EPA and the Army Corps announced they planned to tweak the flawed WOTUS regulations on [...]

By |August 30, 2023|

USDA Releases Food Price Outlook Report

Source: USDA news release The Food Price Outlook provides food price data and forecasts changes in the Consumer Price Index (CPI) and Producer Price Index (PPI) for food. To continue reading report, Click Here

By |August 29, 2023|

Two Hurricanes Head To Florida

Agri-Pulse reports: The southern U.S. is in the path of two major storms this week. The National Weather Service is warning of severe impacts from Tropical Storm Idalia as it approaches Florida from the southwest, while Hurricane Franklin approaches the state from the east. "Idalia is forecast to become a [...]

By |August 29, 2023|

Pro Farmer Crop Estimates Below USDA Expectations

Source: Farm Journal news release Cedar Falls, Iowa -- Pro Farmer, a division of Farm Journal, shared its much-anticipated production estimates today for the 2023 U.S. corn and soybean crops after analyzing information from the 31st annual Pro Farmer Crop Tour and other sources. The estimates are informed by Crop [...]

By |August 28, 2023|

Total Acre Georgia Grower Sets New Soybean Yield World Record

Source: Total Acre sent via AgPR--the news distribution service for agriculture SMITHVILLE, Ga. (AgPR) - In a classic case of the student surpassing the teacher, Total Acre grower Alex Harrell of Smithville, Ga. has bested the current soybean yield record holder, Randy Dowdy. Harrell has established a new world soybean [...]

By |August 25, 2023|

Pro Farmer Crop Tour Finds Corn Yields Lagging In Iowa And Minnesota

by Jenna Hoffman, AgWeb.com The Pro Farmer Crop Tour commenced on Thursday, with scouts rallying in Rochester, Minn., to share images of fields they ranked as some of the worst they'd seen all week. Here's what scouts found on their final stretch of the tour. Eastern leg: Iowa City, Iowa [...]

By |August 25, 2023|

USDA Scientists Believe They’ve Found A cure Of Citrus Greening

Source: USDA news release Leaves with symptoms of citrus greening disease.Scientists with the Agricultural Research Service (ARS) may have found a potential remedy for the untreatable disease that has devastated the American citrus industry since it arrived in Florida in 1998. Huanglongbing (HLB), also known as citrus greening, is a [...]

By |August 25, 2023|

Op-ed By Iowa Congressman Feenstra: Crop Insurance Is Most Vital Farm Safety Net

Source: blog by Congressman Randy Feenstra, (IA-4th district) as it ran on Agri-Pulse.com Crop insurance remains the most vital tool in the farm safety net toolkit. From droughts and derechos to economic hardship and unstable commodity prices, crop insurance is a lifeline for our producers and their families. Serving on [...]

By |August 24, 2023|

Potato Exports Break Record For Value And Volume

Source: Potatoes USA news release DENVER - U.S. potato exports reached record value and volume in the 12-month period from July 2022 - June 2023. Export values increased 19.05% to $2.2 billion, and export volume increased 3.85% to 3.3 million metric tons (fresh weight equivalent). U.S. potato export values increased [...]

By |August 24, 2023|

Missouri Supreme Court Ruling Has Major Impact On Roundup Lawsuit

Source: Bryan Cave Leighton Paisner Bryan Cave Leighton Paisner scored another major victory this past week in its defense of Monsanto in ongoing litigation brought by users of the company's Roundup herbicide, as the Missouri Supreme Court rejected an attempt by plaintiffs to force a trial to be held in [...]

By |August 24, 2023|

Bushel Secures $26 Million To Accelerate Digitization In Agriculture

Source: Bushel news release FARGO, N.D. - Bushel, the leading digital platform connecting farmers and agribusinesses, successfully closed an oversubscribed $26 million funding round led by The Banc Funds Company with further support from new and existing investors. In addition to The Banc Funds Company, other investors in this round [...]

By |August 23, 2023|

Why Farmers Take So Long To Buy Into Something New

by Jan Johnson, CEO & Founder, Millennium Research There is an old saying: "Are you willing to bet the farm on that?" Today, the answer is "no." And a longer answer is, "If I wait, I might lose a bit, but I will not lose everything."Farmers' skepticism has generally paid [...]

By |August 23, 2023|

U.S. Wheat Exports Projected at 52-Year Low

Source: USDA news release The August 2023 Wheat Outlook analyzes the 2022/23 and 2023/24 WASDE as well as supply and demand changes linked to new data from the U.S. Bureau of the Census and USDA, National Agricultural Statistics Service. U.S. all-wheat exports are lowered 25 million bushels to 700 million [...]

By |August 22, 2023|

Massey Ferguson Introduces 1 Series Round Baler

Source: AGCO news release 1 Series round baler specially designed for North American dry hay and stover. At a Glance: The Massey Ferguson 1 Series Round Baler The Massey Ferguson 1 Series Round Baler debuted on August 18, 2023. The new baler leverages 75 years of Hesston tradition and hay [...]

By |August 22, 2023|

USDA Release Report Showing Adoption Of Variable Rate Technology By Crop

Source: USDA news release Farmers use variable rate technologies (VRT) to control the amount of farm inputs--such as seed, fertilizer, and chemicals--applied as farm machinery moves across a field. With more precise control of inputs, farmers can make more efficient applications that might lower production costs or reduce environmental impacts. [...]

By |August 21, 2023|

USDA Reports Cattle Placements Into Feedlots Down 8%

BrownfieldAgNews reports: Placements of cattle into U.S. feedlots fell 8% from July 2022 to July 2023. The USDA says the monthly placements total was 1.618 million head, with that year-to-year decline tied to lower feed prices, better pasture conditions, and generally tighter numbers after aggressive marketings earlier in this year. [...]

By |August 21, 2023|

John Deere Issues Year End Outlook

Source: Deere & Co. news release Net income attributable to Deere & Company for fiscal 2023 is forecast to be in a range of $9.75 billion to $10.00 billion. "Deere is well on the way to another year of exceptional achievement due in large part to positive fundamentals in the [...]

By |August 21, 2023|

USDA Reports Smaller Cow-Calf Operations Still Outnumber Large Operations, Herd Sizes Have Increased

Source: USDA news release In the United States, most cow-calf operations are relatively small and have fewer than 50 cows though a few very large operations (with more than 1,000 cows) can be found. On cow-calf farms, calves are birthed, raised, and weaned on site. While some calves remain on [...]

By |August 18, 2023|

USDA Forecasts Wheat Exports To At Record Low Levels

by Keith Good, University of Illinois FarmDoc project In its monthly Wheat Outlook report earlier this week, the USDA's Economic Research Service (ERS) indicated that, "U.S. all-wheat exports are lowered 25 million bushels to 700 million bushels, the lowest since 1971/72. "Despite an increase in Hard Red Winter (HRW) production, [...]

By |August 18, 2023|

RaboResearch: Grain Demand Booms In Eastern Sub-Saharan Africa

Source: Rabobank news release Growing population drives grain consumption ESSA comprises 22 different economies with a current population of 520 million, which is projected to reach 705 million by 2035. This will increase the demand for white corn, the main staple food in the region. However, other grains are also [...]

By |August 17, 2023|

Fertilizer Prices Continue Decline And May Impact Farmers’ Nitrogen Decisions

By Nick Paulson, Gary Schnitkey, Joana Colussi, and Jim Baltz, Department of Agricultural and Consumer Economics, University of Illinois and Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University Fertilizer prices have continued their more than year-long decline through the first two weeks of August 2023. On [...]

By |August 17, 2023|

Ketchum Release Results From Its Survey Of Gen Z’s Food Selections

Source: Ketchum news release NEW YORK --Gen Z has been deemed the foodie generation, but recent research from Ketchum reveals a darker side to their relationship with food. Sixty-one percent of Gen Z has felt pressure on them since childhood to eat a certain way to communicate their identity and [...]

By |August 16, 2023|

USDA Reports Prices For Genetically Modified Seeds Have Risen Much Faster than Non-GM Seeds

Source: USDA news release Prices farmers paid for crop seed increased significantly faster than the prices farmers received for crop commodities between 1990 and 2020. During that period the average price farmers paid for all seed rose by 270 percent, while the crop commodity price index rose 56 percent. For [...]

By |August 15, 2023|

Pioneer Agronomist: Heat Stress And Drought Can Impact Yield

Source: Pioneer news release During the dog days of summer, when corn is pollinating and temperatures exceed 90 degrees, heat stress can impact yield potential. Heat, combined with dry conditions during this critical time, can cause plant stress during pollination and reduce the number of kernels a plant can set. [...]

By |August 15, 2023|

Farmers For Soil Health Launches Cover Crop Planting Incentive Plan

Source: National Corn Growers Association news release Farmers in 20 states can now enroll in cost-share programs through Farmers for Soil Health. This corn, pork and soy commodity initiative, in partnership with the National Fish and Wildlife Foundation and USDA's Partnerships for Climate-Smart Commodities, establishes financial and technical assistance for [...]

By |August 15, 2023|

CoBank: Plant-Based Meat Alternatives Struggle To Maintain Early Momentum

Source: CoBank news release DENVER --U.S. consumers remain interested in plant-based meat alternatives, but higher prices have led many prospective return consumers to taper off their purchases. The price of plant-based meats is often several dollars a pound higher than for equivalent meat and poultry products. Beyond cost, lingering negative [...]

By |August 15, 2023|

USDA Reports Sources Of Water For Irrigated Crops

Source: USDA news release Irrigation water delivery organizations are entities such as irrigation districts and ditch companies that supply farmers, ranchers, and other users with water. These organizations draw water from several different sources. Water from Federal water projects and direct diversions from surface water bodies make up the majority [...]

By |August 11, 2023|

U.S. July Tractor Sales Down 9% For The Year, Combine Sales Up 41%

Agri Marketing magazine reports: According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors during July 2023, in the U.S. were down 5% from the same month last year. In July, a total of 21,550 tractors were sold which compares to 22,383 sold in 2022. [...]

By |August 11, 2023|

Kansas City Federal Reserve Bank Reports Ag Credit Conditions Moderate

Source: Federal Reserve Bank of Kansas City Agricultural credit conditions in the Tenth District moderated in the second quarter and farmland values continued to increase. Following multiple years of considerable improvement, farm income softened, and borrower liquidity retracted somewhat alongside continued cost pressures and lower prices for most agricultural commodities [...]

By |August 11, 2023|

Smithfield To Close 35 Pork Production Facilities In Missouri

Feedstuffs magazine reports: Smithfield Foods will be closing 35 farms in northern Missouri in October. According to the Missouri Worker Adjustment and Retraining Notification Act notice, the firm plans to lay off 92 salaried and hourly employees in Putnam and Mercer counties effective Oct. 8. Murphy Brown, LLC, a division [...]

By |August 10, 2023|

USDA, CTIC, ASTA Release Results Of Cover Crops Survey

Source: USDA, CTIC, ASTA joint news release Washington, DC -- A new national cover crop survey report released today challenges assumptions on the role of incentive payments in cover crop adoption. Incentives play a key role in getting some farmers started on cover crops--49% of the cover crop users participating [...]

By |August 10, 2023|

Bayer Considering Structural Changes

by Olaf Ridder and Cecilia Butini, Dow Jones Bayer's will unveil plans and financial targets for the company in early 2024, the company's new Chief Executive Bill Anderson said during a post-results conference call, adding that a strategic review currently taking place at the company isn't excluding any possible scenarios [...]

By |August 9, 2023|

USDA Reports More Than Half Of Cropland Uses Seed Varieties With At Least One Genetically Modified Trait

Source: USDA news release Genetically modified (GM) varieties of corn, soybeans, and cotton were introduced in the United States in 1996, and they became the dominant seed choice among farmers within a few years. Later, GM varieties were widely adopted for canola and sugar beets. By 2020 (the most recent [...]

By |August 8, 2023|

North Dakota Denies Siting Permit For Summit Carbon Pipeline Project

Source: North Dakota Public Service Commission BISMARCK, ND - The North Dakota Public Service Commission (PSC or Commission) today denied a siting permit for the Midwest Carbon Express CO2 Pipeline Project. SCS Carbon Transport LLC (Summit Carbon Solutions referred to as "Summit") filed an application in Oct. 2022 to construct [...]

By |August 7, 2023|

Support for Crop Insurance Key Theme In Farm Bill Listening Session At FarmFest

Source: National Crop Insurance Services news release Between scoops of corn ice cream and live music, farmers and policymakers gathered yesterday at Minnesota Farmfest to discuss the issues that matter most to rural America. The Listening Session held by the House Agriculture Committee presented an opportunity for farmers, lenders, and [...]

By |August 4, 2023|

As Prop 12 Kicks In, Pork Belly Prices Soar

By Kirk Maltais, Wall Street Journal Bacon prices could soon start heating up. Wholesale prices for pork belly--the cut of meat used to make bacon--have surged this summer, nearly tripling since the start of June after hitting a multiyear low in May. Pork-belly prices were at $2.15 a pound on [...]

By |August 4, 2023|

DTN Launches EcoField Data To Help Connect Farmers And Agribusinesses In Sustainable Farming

Source: DTN news release MINNEAPOLIS - DTN, continues to deliver market-leading data and intelligence to the agriculture sector with the introduction of EcoField data specifically engineered to support the rapidly growing sustainable agriculture space. Agribusinesses and grain traders can tap into EcoField data to help support and expand sustainable farming [...]

By |August 3, 2023|

Fertilizer Prices Continue Year-Long Decline From 2022 Peak

By Nick Paulson, Carl Zulauf, Gary Schnitkey and Jim Baltz, University of Illinois In today's farmdoc daily article, we look at how prices for major fertilizer products have trended consistently downward over the past year after peaking at historic highs in 2022. Demand destruction from high prices and market adjustments [...]

By |August 3, 2023|

New Research From Proagrica Shows The Need To Future-Proof The Ag Supply Chain Through Integrated Digitization

Source: Progarica news release Proagrica, a global provider of agronomic and business data solutions, today releases an independently commissioned white paper titled, 'Digital Integration. A Fundamentally Powerful Next Step to Agriculture Supply Chain Optimization'. The findings outline the impact that global trends and challenges have had on the rapidly evolving [...]

By |August 2, 2023|

Purdue/CME Survey Reports 25% Of Farmers Expecting Higher Cash Rents

Source: Purdue University This month's survey also included a question targeted toward corn and soybean producers regarding their expectations for farmland cash rental rates in 2024. Twenty-five percent of the corn/soybean producers in this month's survey said they expect 2024 cash rental rates in their area to rise above 2023's [...]

By |August 2, 2023|

Sales Of Meat Alternatives Continue To Decline

By Elaine Watson, AgFunder News US retail sales of plant-based meat alternatives have continued to decline, falling 12.6% to $106.8 million in the five weeks ending July 2, 2023, with units down 19.8% year-over-year, according to new data from Circana (formerly IRI).* For the year to July 2, 2023, sales [...]

By |July 31, 2023|

Purdue, CropLife Unveil Results Of Study On Ag Retailers’ Use Of Precision Technology

By Bruce Erickson and James Lowenberg-DeBoer, Purdue University| The 2023 Precision Agriculture Dealership Survey shows continued growth in technology to streamline and increase the efficiency of operations, such as in sprayer boom section/nozzle control, turn compensation, and in fleet management and telemetry. These are possible reactions to input costs and [...]

By |July 31, 2023|

Putin Tells African Leaders Russia Will Ship Them Free Grain

PHOTO: MIKHAIL TERESCHENKO/TASS/EPA/SHUTTERSTOCKRussian President Vladimir Putin posed for a group photo with African heads of state and other delegates at the Russia-Africa summit in St. Petersburg, Russia, on Friday. By Ann M. Simmons, Wall Street Journal Russian President Vladimir Putin pledged to ship food and provide more security assistance to [...]

By |July 31, 2023|

USDA Issues Report Showing The World’s Largest Meat Importers

Source: USDA news release China has been the world's largest meat importer since 2019. Despite recent reductions in imported meat volumes, the country remains in the top spot. In 2022, China imported 43 percent more than the second largest meat-importing country, Japan. Issues such as disease, tougher laws addressing environmental [...]

By |July 28, 2023|

USDA Introduces Geospatial Data Product To Show Crop Rotation Patterns

Source: USDA news release WASHINGTON - The U.S. Department of Agriculture unveiled a geospatial product called Crop Sequence Boundaries (CSB) that offers public access to national-scale visual crop rotation data for the first time. The new tool was developed by USDA's (NASS) and Economic Research Service (ERS), two of the [...]

By |July 27, 2023|

Price Fixing Lawsuit Filed Against Major Turkey Processors

by Krissa Welshans Feedstuffs Carina Ventures, a subsidiary of litigation funder Burford Capital, recently filed a lawsuit, alleging major U.S. turkey companies conspired to fix prices. According to Reuters, Sysco was, up until a few weeks ago, a plaintiff in antitrust cases against pork, beef, and chicken producers. Since then, [...]

By |July 27, 2023|

Paulsen On Why Farmers Should Say Yes To Media Training

Source: blog by Paulsen Nearly every agriculture commodity group offers its farmers and livestock producers an opportunity to participate in media training. The session is usually positioned as a resource so you can more effectively "share your agriculture story" with consumers. As a farmer, what should you expect from your [...]

By |July 27, 2023|

U Of Illinois Researcher Reports Soil Microbes Help Plants Cope With Drought, But Not How Scientists Thought

Source: University of Illinois news release URBANA, Ill. -- There's a complex world beneath our feet, teeming with diverse and interdependent life. Plants call out with chemical signals in times of stress, summoning microbes that can unlock bound nutrients and find water in soil pores too small for the finest [...]

By |July 26, 2023|

Ag Groups Reject Rep. Victoria Spartz’s (R-IN) Anti-Checkoff Amendment

Source: National Cattlemen's Beef Association news release WASHINGTON - Today, the producer-led organizations representing several of Indiana's top commodities announced their joint opposition to an amendment introduced by Rep. Victoria Spartz (R-IN) that attacks commodity checkoff programs. The amendment was introduced to the Agriculture, Rural Development, Food and Drug Administration, [...]

By |July 26, 2023|

USDA Reports 8% Of Farmland Receives Manure As Fertilizer, Breaks Sources

Source: USDA news release In 2020, manure was applied to about 8 percent of the 240.9 million acres planted to 7 major U.S. field crops. Most manure applied to U.S. cropland (78 percent) comes from animals raised on the same operation, while 14 percent is purchased and 8 percent is [...]

By |July 25, 2023|

China’s Next Anti-Corruption Campaign Targeted At Its Seed Industry

China must develop independence and strength in seed technology, President Xi Jinping said while visiting a seed laboratory in Hainan province. By Chun Han Wong, Wall Street Journal For one of his newest anticorruption campaigns, Chinese leader Xi Jinping is ordering his enforcers to dig up dirt. This time, he [...]

By |July 25, 2023|

USDA Reports Cattle Inventory Down Another 3%, Lowest In A Decade

BrownfieldAgNews reports: The U.S. cattle industry is showing further signs of contraction. The USDA says the total number of cattle and calves in the U.S. on July 1st was 95.9 million head, 3% below a year ago, the lowest inventory in about a decade and a bigger than anticipated decrease. [...]

By |July 24, 2023|

Survey Finds Ag Economists More Favorable Longer-Term

by Tyne Morgan, Farm Journal The July Ag Economists' Monthly Monitor shows weather extremes and wild swings in the commodity markets are the two biggest factors impacting short-term outlooks, but the economists surveyed expressed a more favorable view longer-term. The latest survey also shows the biggest wildcard for agriculture over [...]

By |July 24, 2023|

What’s Causing The Midwestern Drought?

by Anthony Lupo, Professor of Atmospheric Sciences, University of Missouri This summer, global temperatures soared on July 4, reflecting one of the hottest days recorded on Earth, according to climate data from the U.S. National Centers for Environmental Prediction. Average global temperatures were approximately 63 degrees Fahrenheit -- one of [...]

By |July 21, 2023|

In Wake Of Canceled Export Agreement, U.S. To Provide $250 Million To Ukrainian Farmers

Feedstuffs magazine reports: U.S. Agency for International Development administrator Samantha Power announced the United States will provide an additional $250 million in aid to Ukrainian agriculture producers. The money will be distributed through AGRI-Ukraine, an initiative started last year to support Ukrainian agriculture exports and combat global food security issues [...]

By |July 21, 2023|

The Main Reason Russia Canceled Ukraine Export Agreement

By Anna Hirtenstein and Yusuf Khan, Wall Street Journal Russia's withdrawal from a deal that had kept Ukrainian grain flowing to world markets has sent prices soaring in recent days. A main beneficiary of the surge: Russia itself. Wheat futures in Chicago have climbed 12% this week so far, rising [...]

By |July 21, 2023|

U.S. Reclaims Status As One Of Japan’s Top Beef Suppliers After 2004 Import Embargo

Source: USDA news release The United States has long been a top supplier of beef to Japan. U.S. market share collapsed in 2004 after a single case of bovine spongiform encephalopathy (BSE), commonly referred to as "mad cow disease," was detected in a cow shipped from Canada to the United [...]

By |July 19, 2023|

USDA Invests $7.4 Million In 25 Urban Agriculture And Innovative Production Efforts

Source: USDA news release WASHINGTON, - The U.S. Department of Agriculture (USDA) is investing $7.4 million in 25 selected grants that support urban agriculture and innovative production. Selected grant recipients, including community gardens and nonprofit farms, will increase food production and access in economically distressed communities, provide job training and [...]

By |July 19, 2023|

John Deere Acquires Precision Spraying Equipment Developer Smart Apply

Source: John Deere news release MOLINE, Illinois -- Deere & Company (NYSE: DE) has acquired Smart Apply, Inc., a precision spraying equipment company based in Indianapolis, Indiana. The company developed the Smart Apply Intelligent Spray Control System, an upgrade kit that can improve the precision and performance of virtually any [...]

By |July 19, 2023|

Ag Economists Release Report Showing Grain In Storage, Government Payments Have Big Influence

by Joe Janzen, Department of Agricultural and Consumer Economics, University of Illinois, Bryn Swearingen, Economic Research Service, USDA and Jisang Yu, Department of Agricultural Economics. Kansas State University In recently published research, we estimated the impact of the unprecedented surge in ad hoc farm payments from 2018 to 2020 on [...]

By |July 19, 2023|

Crop Insurance Industry Celebrates 100 Years Of Research

Source: National Crop Insurers association A mule-drawn cultivating team in the 1910’s. Around the time this photo was taken, the crop insurance industry started the agronomic research program that is still working today to understand the impact of nature’s perils on crops. Did you know this year marks 100 years [...]

By |July 19, 2023|

Assn Of Equipment Mfgrs Releases Report Quantifying The Environmental Benefits From Precision Ag Practices

Source: Association of Equipment Manufacturers MILWAUKEE - Agriculture and environmental sustainability have been closely linked for many years. It's just that there has been little data to quantify the benefits. That, however, is no longer the case."After doing some research, we realized there was a truckload of good information about the economic benefits of precision [...]

By |July 18, 2023|

Russia Attacks Ukrainian Grain Export Facilities

Reuters reports: KYIV - Russia struck Ukrainian ports on Tuesday, a day after pulling out of a U.N.-backed deal to let Kyiv export grain, and Moscow claimed gains on the ground in an area where Ukrainian officials said Russian forces were going back on the offensive. Russia said it hit [...]

By |July 18, 2023|

Cattle Producers Praise Congressional Resolution Supporting Beef Checkoff

Source: National Cattlemen's Beef Association news release WASHINGTON - Today, cattle industry leaders praised the introduction of a bipartisan congressional resolution recognizing the importance of commodity checkoff programs, including the Beef Checkoff. "As a cattle producer who invests in the Beef Checkoff, I know how important this program is to [...]

By |July 17, 2023|

Russia Cancels Ukraine Grain Export Agreement, Will Impact Millions Of People

Source: AP LONDON -- Russia halted a breakthrough wartime deal on Monday that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices have pushed more people into poverty. Kremlin spokesman Dmitry Peskov said Russia [...]

By |July 17, 2023|

Large Family Farms Faced Less Risk In 2021 Based On The Operating Profit Margin Ratio

Source: USDA news release Large family farms were more likely to have stronger financial performance than other farms, according to USDA, Economic Research Service (ERS) researchers reporting data from the 2021 Agricultural Resource Management Survey (ARMS). ERS researchers measured financial performance using operating profit margin (OPM), the ratio of operating [...]

By |July 14, 2023|

U.N . Reports 122 Million More People Pushed Into Hunger Since 2019

Source: United Nations news release Rome/New York/Geneva - Over 122 million more people are facing hunger in the world since 2019 due to the pandemic and repeated weather shocks and conflicts, including the war in Ukraine, according to the latest State of Food Security and Nutrition in the World (SOFI) [...]

By |July 13, 2023|

KC Fed Bank Reports Farm Lending Slows As Interest Rates Rise

Source: Federal Reserve Bank of Kansas City Farm lending activity at commercial banks slowed through the first half of 2023 as interest rates continued to push higher. The volume of non-real estate farm loans at commercial banks declined for the second consecutive quarter and average interest rates on agricultural loans [...]

By |July 13, 2023|

Rural Medi Group Acquires FarmHer & RanchHer Brands

Source: Rural Media Group news release Marji Guyler-Alaniz (l), founder of FarmHer and Raquel Gottsch Koehler, CEO of FarmHerFort Worth, Texas -Rural Media Group, Inc. (RMG), the world's leading multimedia content provider dedicated to the rural and western way of life and owners of RFD-TV, The Cowboy Channel, The Cowgirl [...]

By |July 12, 2023|

Farmers Nat’l Co. Reports Land Sales Are Slowing, Prices Remain High

Source: Farmers National Co. news release The agriculture real estate market entered a period of de-escalation beginning in the fourth quarter of 2022. The market experienced a reduction in both sales volume and value growth since that time, as interest rates increased, and inflation pressures became more apparent. That trend [...]

By |July 12, 2023|

Here Is The Current Drought Map, Midwest Still Being Impacted

by Tyne Morgan, AgWeb.com Widespread rains finally swept across the Midwest over the past week, but they didn't put much of a dent into the overall U.S. drought picture with drought percentages still resembling 2012. A slight change in the high-pressure block that's led to increasing drought conditions this summer [...]

By |July 10, 2023|

Financial Assistance Applications Opens For USDA Farm Loan Borrowers Who Have Faced Discrimination

Source: USDA news release WASHINGTON, Today, the U.S. Department of Agriculture (USDA) announced the opening of the financial assistance application process for eligible farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. Section 22007 of the Inflation Reduction Act (IRA) directs USDA [...]

By |July 10, 2023|

Maze In Wheat Field Welcomes Taylor Swift To Kansas City

by Tyne Morgan, AgWeb.com Wheat harvest wrapped up on Tom Waters' field in Orrick, Mo. nearly a week ago, but what happened after harvest is creating quite the buzz among Taylor Swift fans across the country. What some may view as a blank space, the harvested wheat field is an [...]

By |July 10, 2023|

USDA Expands Risk Management Options For Specialty Crops

Source: USDA news release WASHINGTON, - The U.S. Department of Agriculture (USDA) is expanding its insurance coverage options for specialty crops and other actual production history (APH) crop programs. Through its Risk Management Agency (RMA), it will expand the availability of enterprise units to crops where they were previously unavailable, [...]

By |July 7, 2023|

DTN Reports Nitrogen Fertilizer Prices Continue To Fall

By Russ Quinn, DTN OMAHA (DTN) -- Most average retail fertilizer prices continued their downward trend the fourth week of June 2023, according to sellers surveyed by DTN. Six of the eight major fertilizers were lower in price compared to last month with one fertilizer noticeably less expensive. DTN designates [...]

By |July 6, 2023|

Purdue Study Reports 40% More Injures In Grain Storage Facilities Over 2021

Grain bins at Purdue University Agronomy Center for Research and Education, 2017. The number of reported injuries and fatalities in agricultural confined spaces rose between 2021 and 2022, according to the latest report released by Purdue's Agricultural Safety and Health Program. Source: Purdue University WEST LAFAYETTE, Ind. - Last year [...]

By |July 6, 2023|

USDA’s Planted Soybean Report Catches Market Off Guard, Prices Up 70 Cents

by Ben Potter, Farm Futures magazine USDA's June 30 Acreage Report caught everyone by surprise, but especially the soybean markets. USDA's count of 83.5 million acres of U.S. soybeans planted in 2023 was so far off everyone's radar that it sent nearby July 2023 futures prices as well as new [...]

By |July 5, 2023|

EPA Announces New Regulations For Gene Editing Fruit And Vegetable Crops

Photo courtesy of Purdue University College of Agriculture / Tom Campbell. by Sabrina Halvorson, Hoosier Ag Today radio network Fruit and vegetable plant breeders who use gene editing are now facing more regulations from the Environmental Protection Agency (EPA). The agency recently increased oversight of some gene-edited crops and added [...]

By |July 5, 2023|

USDA Reports51% Of Corn, 50% Of Soybeans In Good/Excellent Shape

BrownfieldAgNews reports: There were minimal changes to the USDA's national corn and soybean ratings last week. Weather was mixed for most of last week, with parts of the Midwest and Plains receiving precipitation, including damage storms in some areas, while others remained dry. As of Sunday, 51% of U.S. corn [...]

By |July 5, 2023|

USDA Reports Hog Inventory Up Slightly

Source: USDA news release WASHINGTON, As of June 1, there were 72.4 million hogs and pigs on U.S. farms, up slightly from June 2022 and down 1% from Mar. 1, 2023, according to the Quarterly Hogs and Pigs report published today by the U.S. Department of Agriculture's National Agricultural Statistics [...]

By |June 30, 2023|

Honey, Get Over Yourself! When Selling To Farmers

By Jan Johnson, Millennium Research I used to go to meetings where vendors would sell things to farmers, and if there were enough women in the room, someone would invariably complain that a new farmer questioned their knowledge or expertise, as if it was a personal insult. Or an insult [...]

By |June 30, 2023|

U.S. Vegetable Oil Imports Surged To $10.9 Billion In Fiscal Year 2022

Source: USDA news release The United States imports vast quantities of vegetable oils for a wide array of end uses--from cooking oils to plastics. From fiscal years 2013 to 2020, imports ranged from total inflation-adjusted values of $6.3 billion (2019) to $7.4 billion (2017). In 2021, imports exceeded $8.0 billion [...]

By |June 30, 2023|

U.S. Corn, Soybean Conditions Are Now The Worst Since 1988

Source: AgWeb.com Despite weekend rains sweeping the northern Corn Belt, U.S. corn and soybean conditions sit at the second-lowest level of quality in history. The weekly, sizable declines in key areas of the Corn Belt from the stubborn drought situation come as the corn crop starts to enter a critical [...]

By |June 29, 2023|

American Feed Industry Assn Reports U.S. Livestock Feed Sales Are $267 Billion, $760 Thousand Jobs

Source: American Feed Industry Association news release Across America each day, nearly 5,650 animal food manufacturing facilities produce millions of tons of livestock, poultry and aquaculture feed and pet food, providing animals with safe and adequate nutrition while supporting an abundant U.S. food supply. Now, new research from the American [...]

By |June 29, 2023|

USDA: Prices For Genetically Modified Seeds Have Risen Much Faster Than Non-GM Seeds

Source: USDA news release USDA, Economic Research Service has scheduled a webinar on the report Concentration and Competition in U.S. Agribusiness at 1 p.m. EDT on Tuesday, July 11, 2023. During the webinar, ERS Agricultural Economist James MacDonald will present findings in three agribusiness sectors where concentration has increased over [...]

By |June 29, 2023|

USDA Releases Cost-of-Production Forecast

Source: USDA news release USDA has estimated annual production costs and returns and published accounts for major field crop and livestock enterprises since 1975. Cost and return estimates are reported for the United States and major production regions for corn, soybeans, wheat, cotton, grain sorghum, rice, peanuts, oats, barley, milk, [...]

By |June 27, 2023|

Nat’l Corn Growers Assn Applauds USDA For Allocating Funding To Increase Access To Biofuels

Source: National Corn Growers Association news release The National Corn Growers Association (NCGA) today applauded the U.S. Department of Agriculture for agreeing to invest $500 million from the Inflation Reduction Act to increase the availability of domestic biofuels and to give consumers cleaner fuel options. "We are appreciative of Secretary [...]

By |June 27, 2023|

Mexico Places 50% Tariff On Import Of U.S. White Corn

BrownfieldAgNews reports: Mexico has placed a 50 percent tariff on imports of white corn, a move that could aggravate trade tensions with the United States. In a call with reporters on Monday, Ag Secretary Tom Vilsack said the US will continue to follow the trade dispute settlement process under the [...]

By |June 27, 2023|

Bipartisan Proposal To Increase Access to Crop And Livestock Insurance Introduced

Source: Congressman Randy Feenstra (R-IA) news release WASHINGTON, D.C. - Today, U.S. Reps. Randy Feenstra (R-IA) and Angie Craig (D-MN) introduced the Crop Insurance for Future Farmers Act, which would equip new producers, beginning farmers, and our veterans in the Midwest and nationwide with the crop insurance protections they need [...]

By |June 26, 2023|

AI Applications In Agriculture And Legal Implications

by Todd Janzen, Janzen Schroeder Ag Law Group, Indianapolis, IN FBN recently unveiled "Norm," an artificial intelligence (AI) advisor for FBN members. Norm may be the first dedicated artificial intelligence platform for farmers, but it will not be the last. AI is definitely on the rise in agriculture and elsewhere. [...]

By |June 26, 2023|

House Ag Committee Chair Thompson Says Farm Bill Draft Could Be Ready By August

Source: National Sorghum Producers House Agriculture Committee Chairman G.T. Thompson (R-PA), announced this week at an event that draft language for the 2023 Farm Bill could be available by August. Chairman Thompson and House Agriculture Committee Ranking Member David Scott (D-GA) appeared on a panel with Senate Agriculture Committee Chairwoman [...]

By |June 26, 2023|

U.S. Trade Rep Says Less Emphasis On Exports, More On Imports

Agri-Pulse reports: U.S. Trade Representative Katherine Tai says America's trade policy should be focused less on increasing exports and more on leveraging access to U.S. markets as a means to influence foreign countries on issues such as environmental and labor standards. U.S. Trade Rep Katherine TaiAmerica's "superpower" isn't its ability [...]

By |June 23, 2023|

USDA Announces $300 Million Program For Or Underserved Producers

Source: USDA news release WASHINGTON, - The U.S. Department of Agriculture (USDA) today announced its selection of 50 projects for potential award, totaling approximately $300 million. These innovative projects will help improve access to land, capital, and markets for underserved farmers, ranchers, and forest landowners. The Increasing Land, Capital, and [...]

By |June 23, 2023|

USDA Approves Sale Of Chickens Made From Cultivated Cells

Associated Press reports: For the first time, U.S. regulators on Wednesday approved the sale of chicken made from animal cells, allowing two California companies to offer "lab-grown" meat to the nation's restaurant tables and eventually, supermarket shelves. The Agriculture Department gave the green light to Upside Foods and Good Meat, [...]

By |June 22, 2023|

Food Companies Agree To Use GMO-Free Corn In Tortillas Bound For Mexico

by Jenna Hoffman, AgWeb.com Mexico reached an agreement with food manufacturers to use only non-GMO corn in tortilla production across the country. The government says it plans to implement new import tariffs on white corn imports. President Andres Manuel Lopez Obrador announced this decision on June 19, emphasizing the importance [...]

By |June 21, 2023|

NOAA Forecasts Continued Drought In Eastern Corn Belt

by Tyne Morgan, AgWeb.com Conditions are dry across the Corn Belt, and the National Oceanic Atmospheric Administration's (NOAA) seasonal drought outlook shows the eastern Corn Belt could continue to get drier through the summer months. The updated Seasonal Drought Monitor was just released late last week and provides a snapshot [...]

By |June 20, 2023|

Livestock Feed Mfgrs List Their Top Three Challenges

by Lisa Cleaver, Feed & Grain magazine Feed & Grain asked the American Feed Industry Association (AFIA) and the National Grain and Feed Association (NGFA) what they saw as their top three challenges for the 2023 North American animal feed industry. Here's what they had to say. 1. Ongoing supply [...]

By |June 19, 2023|

Global Wheat Production Forecast At A Record

by Keith Good, University of Illinois' FarmDoc project In its monthly Wheat Outlook report this week, the USDA's Economic Research Service indicated that, "Global wheat production is forecast at a record 800.2 million metric tons (MMT), up 10.4 MMT from the May forecast. The European Union is currently forecast as [...]

By |June 19, 2023|

U Of Illinois Publishes Estimate Of Farmland Acreage Change From Plant-Based Food

by Maggie Cornelius and Gary Schnitkey, Department of Agricultural and Consumer Economics, University of Illinois The emerging plant-based meat industry has the potential to change farmland allocation in U.S. agriculture. Plant-based meat companies such as Impossible Burger aim to capture market from the livestock industry, not only for profits but [...]

By |June 19, 2023|

USDA Announces 320 Million To Strengthen Food Supply Chains

Source: USDA news release Manchester, NH, - U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that USDA is making investments that will create new and better markets for agricultural producers and food businesses in 19 states across rural America. "The Biden-Harris Administration and USDA are standing up for [...]

By |June 16, 2023|

USDA: CRP Reaches 22 Million Acres In 2022

Source: USDA news release USDA's Conservation Reserve Program (CRP) was established by Congress in 1985. By 1986, the program began to use contracts to retire highly erodible cropland from crop production for 10-15 years. Enrollment grew quickly, reaching 33 million acres in 1990. After the initial contracts were awarded, program [...]

By |June 15, 2023|

Nitrogen Fertilizer Prices Stabilize At High Levels In Spring 2023

by Gary Schnitkey, Nick Paulson, and Jim Baltz, Department of Agricultural and Consumer Economics, University of Illinois and Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University In early June, retail nitrogen prices in Illinois were $1,116 per ton for anhydrous ammonia, $532 per ton for liquid [...]

By |June 15, 2023|

House Appropriations Committee Advances Agricultural Bill

National Cattlemen's Beef Association (NCBA) reports: WASHINGTON - Today, the National Cattlemen's Beef Association (NCBA) thanked members of the House Appropriations Committee for advancing the Fiscal Year 2024 Agriculture, Rural Development, Food and Drug Administration appropriations bill, which will provide funding for essential programs that support cattle producers while defending [...]

By |June 15, 2023|

Agoro Carbon Makes $15 Million In Payments To U.S. Farmers And Ranchers

Source: Argo Carbon Alliance news release TAMPA, Fla. - Agoro Carbon Alliance, a global business created for farmers and ranchers to earn additional revenue through farming and ranching practice changes that improve soil health, today celebrates the company's second anniversary by sharing its latest results. In just two years, Agoro [...]

By |June 14, 2023|

Univ Of Nebraska Researchers Build Autonomous Planter

Nebraska graduate research assistant Taylor Cross (left) and graduate student Ian Tempelmeyer walk behind the Flex-Ro autonomous planting robot as it starts a row at Rogers Memorial Farm, east of Lincoln. Santosh Pitla, associate professor of advanced machinery systems at Nebraska, has managed the project since the robot’s inception in [...]

By |June 14, 2023|

USDA Accepts One Million More Acres In Its Conservation Reserve Program

Source: USDA news release WASHINGTON, - Agriculture Secretary Tom Vilsack announced today the U.S. Department of Agriculture (USDA) is accepting more than 1 million acres in this year's Conservation Reserve Program (CRP) General signup. This is one of several signups that USDA's Farm Service Agency (FSA) is holding for the [...]

By |June 13, 2023|

El Nino Arrives, What It Means To U.S. Agriculture

By the AgWeb.com editors It's been the talk of the coffee shop - scientists have been forecasting the development of El Niño for months and issued the first El Niño Watch on April 13. In the National Oceanic and Atmospheric Administration's monthly outlook released on Thursday, forecasters issued an El [...]

By |June 13, 2023|

Bunge, Viterra Enter Definitive Agreement To Merge, Create One Of World’s Largest Grain Companies

Source: Bunge news release ST. LOUIS & ROTTERDAM, Netherlands--Bunge Limited (NYSE: BG) ("Bunge") today announced it has entered into a definitive agreement with Viterra Limited, a private company limited by shares incorporated under the laws of Jersey ("Viterra"), together with certain affiliates of Glencore PLC (LSE: GLEN) ("Glencore"), Canada Pension [...]

By |June 13, 2023|

USDA: Farm Sector Real Estate Debt Hits Record High

Source: USDA news release Farm sector debt tied to real estate is expected to be at a record high of $375.9 billion in 2023, according to data from the USDA, Economic Research Service (ERS). Farm sector real estate debt has been increasing continuously since 2009 and is expected to reach [...]

By |June 12, 2023|

Here’s How USDA Will Collect Data From Its Climate Smart Ag Projects

by Todd Janzer as it appeared in Farm Equipment magazine The USDA's Partnership for Climate-Smart Commodities program represents an investment of over $3.1 billion into US agriculture. The statistics for the program huge: USDA selected 141 proposals from corporations, non-profits, and universities to study ways to increase climate-smart production practices [...]

By |June 12, 2023|

USDA Releases Report Showing Destinations Of U.S. Cheese

Source: USDA news release In 2022, the United States exported more than 450,000 metric tons of cheese, valued at approximately $2.3 billion. Top export markets include Mexico, South Korea, Japan, Australia, and Canada. U.S. cheese is a mainstay among imported cheeses in these countries. In 2022, U.S. cheese accounted for [...]

By |June 9, 2023|

FBI Reports Ag Industry Is Target Of Foreign Hackers

BrownfieldAgNews reports: The Federal Bureau of Investigation says the ag industry is facing several national security threats and the fallout could be catastrophic. Eugene Kowel is the special agent in charge of the Omaha FBI Field Office. "We're worried about the threat from cyber criminal actors hijacking our farming operations, [...]

By |June 8, 2023|

RFA: Univ Of California Study Shows Emissions-Reducing Benefits Of E15 Blend

Source: RFA news release A newly released, peer-reviewed study from the University of California, Riverside, shows that the E15 ethanol blend provides notable emissions reductions compared to California's regular reformulated gasoline. The Renewable Fuels Association hailed the report as proof of the value of E15 for The Golden State, which [...]

By |June 8, 2023|

USDA Reports 96% Of U.S. Corn, 91% Of Soybeans Planted

BrownfieldAgNews reports: The USDA's national corn condition rating fell over the past week. That was largely due to warm, dry weather in portions of the central and eastern Midwest. As of Sunday, 64% of the U.S. corn crop is in good to excellent shape, 5% lower than the previous week, [...]

By |June 8, 2023|

U Of Illinois Research Finds Corn Gets Majority Of Its Nitrogen From Sources Naturally Occurring In Soil, Not Fertilizer

Source: University of Illinois-Champaign news release URBANA, Ill. -- Corn growers seeking to increase the amount of nitrogen taken up by their crop can adjust many aspects of fertilizer application, but recent studies from the University of Illinois Urbana-Champaign show those tweaks don't do much to improve uptake efficiency from [...]

By |June 1, 2023|

Drought Area Continues To Spread In Grain Belt

by Rhonda Brooks, AgWeb.com Is a flash drought underway in the Corn Belt? Or, is what's underway in farm country just some passing dryness? Those are questions USDA Meteorologist Brad Rippey is evaluating as the month of May comes to a close. He says it's easy to see why farmers [...]

By |May 31, 2023|

Viterra And Bunge In Discussions To Merge

Reuters reports: Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd (BG.N), a person familiar with the matter said, in a potential mega deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and [...]

By |May 30, 2023|

Cattle Producers Rejoice In Supreme Court Ruling On WOTUS Case

National Cattlemen's Beef Association (NCBA) reports: WASHINGTON - Today, the U.S. Supreme Court ruled unanimously in favor of the Sackett family in Sackett v. EPA - the court's most recent consideration of which features are subject to federal Clean Water Act jurisdiction. In its holding, the court soundly rejected the [...]

By |May 26, 2023|

Ag Economists Report Shows Which States And Crops Receive Most Government Program Payments

by Carl Zulauf, Department of Agricultural, Environmental and Development Economics, Ohio State University and Jonathan Coppess, Department of Agricultural and Consumer EconomicsUniversity of Illinois Payment by State: Seven of the 10 states receiving the most commodity payments are in the South (see Figure 2). PLC made 99% of payments in [...]

By |May 25, 2023|

Iowa Farmland Cash Rents Up 9% In 2023, Up 20% Since 2021

by Alejandro Plastina, Iowa State Extension Economist The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased by 9% in 2023 to the highest average value on record: $279 per acre. This new peak rent is 3.3% higher than the previous one of $270 [...]

By |May 25, 2023|

New Boston Consulting And WBCSD Report Finds Up to 25% Profit Increase For Regenerative Farmers

Source: Boston Consulting Group news release WASHINGTON, DC - Farmers could expect a 15-25% increase in profitability after transitioning from conventional to regenerative agriculture systems, however the transition can take three to five years, according to a report and economic analysis released today by Boston Consulting Group (BCG) and the [...]

By |May 25, 2023|

AGCO And Kubota Sign Right To Repair MOUs With Farm Bureau

Source: American Farm Bureau Federation news release WASHINGTON - The American Farm Bureau Federation signed two more memoranda of understanding with two agricultural equipment manufacturers, AGCO and Kubota, providing farmers and ranchers the right to repair their own farm equipment. The MOUs, which were negotiated independently with each manufacturer, follow [...]

By |May 23, 2023|

U.S. News & World Report Lists Best Agricultural Engineering Programs

Source: U.S. News & World Report Biological and agricultural engineers address problems relating to the life sciences. These are the top undergraduate schools where the highest engineering degree offered is a doctorate. Rank...in-state tuition...number of students 1. University of California-Davis...$14,945...31,675 2. Purdue University...$9,992...37,101 3. University of Illinois...$17,138...34,779 4. Texas A&M [...]

By |May 23, 2023|

USDA Reports 81% Of Corn, 66% Of Soybeans Are Planted

BrownfieldAgNews reports: U.S. corn and soybean planting and development remain ahead of average. Recent weather in most of the Midwest and Plains has been generally favorable but parts of the region could see a drier pattern into early June, potentially causing some stress in those areas. The USDA says 81% [...]

By |May 23, 2023|

Purdue Biology Innovation Allows The Introduction Of Valuable Traits In Plants

Stanton Gelvin (left), the Edwin Umbarger Distinguished Professor of Biology, and Lan-Ying Lee, research scientist in the Department of Biological Sciences of Purdue University's College of Science, have developed patent-pending Agrobacterium strains that deliver T-DNA to plants but do not integrate this DNA into the plant genome. The plants can [...]

By |May 23, 2023|

Agri-Marketers Report On Their Best Of NAMA Wins

Agri Marketing magazine reports: In a recent Agri-Marketer Poll, half of the 124 respondents reported their organizations have won a Best of NAMA award. Here is the question: Has your organization won a Best of NAMA national award ? Yes...50% No...30% Don't enter the competition...20% The Agri-Marketers' Poll is a [...]

By |May 23, 2023|

The Andersons Complete Purchase Of Granulation Facility In Michigan

Source: The Andersons news release MAUMEE, OHIO, - The Andersons, Inc. (Nasdaq: ANDE) has purchased the operating assets of an existing granulation facility in Laingsburg, Michigan. These operating assets will be used to produce natural limestone and gypsum soil amendments in addition to other proprietary granulated products. "Acquiring this production [...]

By |May 23, 2023|

Results From Hard Red Winter Wheat Tour Shows Worst Crop In 60 Years

BrownfieldAgNews reports: Results from this year's Hard Red Winter Wheat tour show it could be the worst crop in 60 years. The Wheat Quality Council predicted an average of 30 bushels per acre with production at 178 million bushels, the first time since 1963 total production in Kansas could be [...]

By |May 22, 2023|

House GOP Appropriators Propose Reduce USDA’s Budget By One-Third

Agri-Pulse reports: House GOP appropriators have proposed to slash fiscal 2024 funding for USDA by one-third, in part by eliminating some climate-related funding, restricting Agriculture Secretary Tom Vilsack's use of the Commodity Credit Corp. spending authority and expanding work requirements for the Supplemental Nutrition Assistance Program. To read the entire [...]

By |May 18, 2023|

USDA Reports 65% Of Corn, 49% Of Soybeans Have Been Planted

BrownfieldAgNews reports: Despite rain in some key growing states, farmers were still able to make solid planting progress this past week. There is more rain in the forecast in parts of the US for the upcoming week. The USDA says 65% of U.S. corn is planted, compared to 49% a [...]

By |May 17, 2023|

U Of Illinois Ag Economist Lowers Corn Price Forecast 27% From 2022 Crop

by Joe Janzen, Department of Agricultural and Consumer Economics. University of Illinois This article reviews the latest US corn and soybean production and use forecasts from USDA which include forecasts for the new-crop 2023/24 marketing year. These new-crop supply and demand projections are valuable not because they necessarily enable users [...]

By |May 17, 2023|

U.S. Corn Farmers May Be Called On To Fill Void Left By War In Ukraine

National Corn Growers Association (NCGA) reports: The Black Sea Initiative has allowed for the safe export of over 30 million metric tons (MMT) of grain and foodstuffs from Ukraine since initial agreement in July 2022, according to the United Nations. As of May 11, 2023, 50% of the total grain [...]

By |May 17, 2023|

U Of Illinois Study Shows Poor Soils Lose Carbon Regardless Of Crop Residue And Nitrogen Inputs

Source: University of Illinois Jesmin (left) and Mulvaney (right)URBANA, Ill. -- Let's say you're a corn grower farming on low-fertility soil. How do you go about making that soil healthier and more fertile? Many farmers think if they add plenty of nitrogen fertilizer, that nutrient, along with carbon, will be [...]

By |May 16, 2023|

John Deere Debuts New 4075R Compact Utility Tractor And MY2024 Upgrades For 3R- And 4-Series Models

Source: John Deere news release New 4075R Compact Utility Tractor.CARY, N.C. -- Offering premium power and versatility to its customers, John Deere debuts its 2024 model-year upgrades on its lineup of 3R- and 4-Series compact utility tractors. In addition, John Deere unveils its latest 4-Series model, the 4075R Compact Utility [...]

By |May 16, 2023|

Farmers Testify In Congress That Crop Insurance Works

Source: National Crop Insurance Services news release President Dwight D. Eisenhower once famously said, "farming looks mighty easy when your plow is a pencil, and you're a thousand miles from the corn field." That's why farmers, crop insurers, and other agriculture stakeholders from across the country recently brought the corn [...]

By |May 15, 2023|

Nat’l Cattlemen’s Beef Assn Calls On To Producers To Fight The Animal Rights Groups Infiltrating Our Industry

By Todd Wilkinson, President, National Cattlemen's Beef Association and a cattle producer from South Dakota Over the past few weeks, I have seen news articles and social media posts lying about our industry, attacking our association, and endangering the programs that generations of farmers and ranchers worked hard to establish--and [...]

By |May 15, 2023|

Study By U Of Illinois Shows U.S. Population Migration During The Pandemic

by Mark White, Department of Agricultural and Consumer Economics, University of Illinois Population trends can reveal much about a community's economic vitality. More people can lead to new opportunities for businesses and workers, and new homeowners and businesses can grow the local tax base to support public services and local [...]

By |May 11, 2023|

Scientists Use Gene-Editing To Produce First BVD Resistant Calf

Feedstuffs reports: Scientists have collaborated to produce the first gene-edited calf with resistance to bovine viral diarrhea virus, a virus that costs the U.S. cattle sector billions of dollars annually. The recent study published in PNAS Nexus results from a collaboration between the USDA's Agricultural Research Service, the University of [...]

By |May 11, 2023|

The Fertilizer Institute Releases Its 2023-2024 Public Policy Priorities

Source: The Fertilizer Institute news release Arlington, VA - The Fertilizer Institute (TFI) today released its list of 2023-2024 public policy priorities for working with the Biden Administration, regulatory agencies, and a closely divided 118th Congress. "With the 118th Congress underway, we are strongly advocating for policies that ensure the [...]

By |May 10, 2023|

Purdue Survey Finds Half Of Farmers Intend To Grow Their Operations

by Michael Langemeier and James Mintert, Center for Commercial Agriculture, Purdue University There are numerous reasons why a farm may want to expand including the following: reduce costs, improve profit margins, improve asset utilization, bring in new family members, invest retained earnings, and more fully utilize the skills of key [...]

By |May 10, 2023|

Indiana Holstein Breaks Record For Most Milk Produced Over Her Lifetime

By Taylor Leach, AgWeb.com The record for most lifetime milk produced by a registered Holstein cow has been broken once again in 2023. This time by Nor-Bert Colby Connie, a 14-year-old Holstein owned by Nor-Bert Farm in Bremen, Indiana. Connie achieved this incredible feat with her lifetime milk production record [...]

By |May 10, 2023|

Ag Exports Generated Additional $190.5 Billion In Economic Activity In 2021

Source: USDA news release Exports constitute a significant market for U.S. farm and food products and send ripples of activity through the Nation's economy. For instance, exports of grain first generate economic activity on the farm through purchases of inputs such as fuel and fertilizer, spurring additional economic activity in [...]

By |May 8, 2023|

DTN Survey Shows Fertilizer Prices Are Well Below Last Year’s

By Russ Quinn, DTN Staff Reporter OMAHA -- Most average retail fertilizer prices continued to be down from the previous month in the fourth week of April 2023, according to sellers surveyed by DTN. Prices for seven of the eight major fertilizers were lower compared to last month. DTN designates [...]

By |May 8, 2023|

Independent Professional Seed Assn CEO Martin Applauds USDA’s Examination Of The Industry

Source: blog by Todd Martin, CEO, Independent Professional Seed Association (IPSA) After reviewing the 86-page Agricultural Marketing Service report, "More and Better Choices for Farmers: Promoting Fair Competition and Innovation in Seeds and Other Agricultural Inputs," I am happy to see the focus on critical issues for Independent Seed Companies [...]

By |March 20, 2023|

AgriFood Investments Drop 44% In 2022

by Louisa Burwwod-Taylor, AgFunderNews There's no denying the second half of 2022 was terrible for venture capital, and agrifoodtech was no exception. Funding to foodtech and agtech (agrifoodtech) startups reached $29.6 billion in 2022, down 44% year-over-year (YoY), according to a new report from food, agriculture, and climate-tech venture capital [...]

By |March 20, 2023|

Brazil Passes U.S. As Largest Corn Exporter, Planted Acreage Has Doubled Since 2003

by Joana Colussi, Gary Schnitkey, and Nick Paulson, Department of Agricultural and Consumer Economics,University of Illinois The United States Department of Agriculture (USDA) forecast that Brazil will export more corn than the United States this year has shaken the global corn market. Brazil exported more corn than the U.S. only [...]

By |March 20, 2023|

Commodity Group Leaders Discuss What’s Needed In The Next Farm Bill

Source: National Sorghum Producers National Sorghum Producers Chairman Craig Meeker participated on a panel of commodity group leaders also including Tom Haag, President of the National Corn Growers Association (NCGA), Nicole Berg, former President of the National Association of Wheat Growers (NAWG), Daryl Cates, President of the American Soybean Association, [...]

By |March 20, 2023|
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