USDA’s Economic Research Service attributes that to wheat becoming a rotational crop as farmers mix it in with more profitable corn or soybeans.
Brazilian agriculture faces hurdles with low rainfall and an approaching heat dome which may cast a shadow over crop production.
Despite the looming specter of weather extremes and a myriad of other tough challenges, like rising input costs, projections indicate a significant decline in crop insurance prices compared to previous years for key U.S. commodities.
The Panama Canal could become the number one challenge facing the U.S. grain export system this year, says Mike Steenhoek, Executive Director of the Soy Transportation Coalition.
As spring planting nears, Midwestern farmers are gearing up for a season filled with opportunities and challenges like market pressures and pest dynamics.
The Environmental Protection Agency (EPA) has recently unveiled a new herbicide plan, sparking concerns among soybean farmers across the United States.
Exports are predicted at nearly 1.9 billion bushels, and crush is expected to take up 2.4 billion bushels, an all-time high.
Soybean prices have been on a continuing decline for several months now, and an account executive for Bower Trading says the trend began in 2023.
What farmers need to know about the surge in land values driven by agricultural shifts and global demand for corn- and soy-based fuel.
A market analyst with DTN says the ethanol market for corn and the renewable diesel market for soybean oil are two much-needed sources of demand but the RFS program sets minimum volume requirements for those biofuels.
Total Farm Marketing says the market needs to see some bushels move, and USDA will need to make demand-side adjustments for the price to go back up.
The USDA’s ARC/PLC Program will extend through Sept. 30, 2024, and farmers have a few weeks left to decide their commodity title choices by the March deadline.
As Brazil eyes an export surge in January, China’s dominance persists as an importer of both corn and soybeans, raising hopes as well as concerns if the South American agriculture giant can meeting escalating demands for key crops.