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The latest Ag Economists’ Monthly Monitor projects a major drop in net farm income this year. Economists are also growing more pessimistic about the potential for interest rate cuts in 2024.
Both companies have existing initiatives to grow the biologicals market.
Millborn is increasing its footprint in the Western Plains with the addition of Luhrs Certified Seeds’ production facilities.
The influence of one ag retailer propels multiple farms’ success, and the opportunity is further highlighted with this season’s growing challenges.
Two new studies from Locus Ag and Pivot Bio found the use of biological products consistently increased yields in a variety of crops across a range of growing conditions.
USDA cut its estimate for Brazil’s soybean production by 1 MMT in the March WASDE report, which was less than what the trade expected. USDA didn’t make any cuts to Brazil’s corn.