LATEST BLOG POSTSUSDA Crop Progress Report-- September 12, 2022 Crop Progress Report: Mostly all conditions were lower
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Business & Markets News
Cost Crunch: Comparing input cost increases and inflation for soybean producers in Brazil vs. Illinois
Brazilian soybean producers are shelling out a lot more on input costs than U.S. farmers, according to a new study. However, while Midwestern producers are paying less for inputs overall, many of those costs are inflating at a faster rate.
For the second year in a row, transportation along the Mississippi River was impacted by drought. Export delays along with increased prices are impacting the competitiveness of U.S. corn in the world market, with buyers moving toward Brazilian crops.
According to a new study from the LSU Ag Center, the state’s agriculture industries are suffering twofold when it comes to the ongoing, extreme-to-exceptional drought conditions across the state.