WILLIAMSPORT, OHIO (RFD-TV) — Pressure is mounting on U.S. soybean farmers as harvest gets underway. With Brazil — and now Argentina — stepping in to capture more of the Chinese market, concerns are growing in what has already been a frustrating season.
American Soybean Association (ASA) Vice President Scott Metzger joined us on Monday’s Market Day Report from his very own combine to share the soy sector’s sentiment and market outlook as harvesting continues.
Metzger discussed the decline in soybean prices and the impact of Argentina’s recent decision to reduce its soybean export taxes, which allowed the country to sell 20 shiploads to China.
“If we can be competitive with beans, we can get’em moved — like they did with Argentina,” Metzger said. “Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
He also discussed the ASA’s call for the Trump administration to secure a trade deal with China, the risks associated with not reaching an agreement soon, and what that would mean for U.S. farmers.
Farming in Ohio himself, Metzger provided an update on harvest progress in his region, shared his outlook for the crop moving forward, and addressed concerns about storage capacity if China stays off the buying table when it comes to U.S. commodities.
To mark the end of National Chicken Month, we take a look at how the U.S. poultry industry is making a slow and steady recovery following the widespread outbreak of High-Path Avian Flu (HPAI) in 2022 that devastated commercial flocks across the country.
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Explore the culinary wonders of Camino’s Apple Hill, where tradition meets delicious innovation at community institutions like Larsen Apple Barn.
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Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
September 21, 2023 11:02 AM
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The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
September 20, 2023 12:25 PM
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Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
September 13, 2023 02:07 PM
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RFD-TV had the privilege to speak with Susan Littlefield, Farm Director at KRVN in Lexington, Nebraska, who shared her unique perspective covering the event over the last 25 years in her work as a dedicated broadcasting professional.
September 12, 2023 02:44 PM
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Researchers at Florida Atlantic University’s
Harbor Branch Oceanographic Institute found human sewage, not fertilizer, is mainly responsible for dangerous nitrogen levels in Florida’s Indian River Lagoon.
A new study identified compounds within a “failed” tuberculosis treatment that effectively fight some herbicide-resistant “superweeds” in Australia. Researchers say their findings could be a “game-changer for the agriculture sector.”
In today’s Performance Through Partnership feature, brought to you by Golden Harvest, we meet farmer Kevin Siffring of Surprise, Nebraska.
