Latest News From Retail Business

Bayer Donates $500K to Support Maui Community After Devastating Fires 
Bayer Donates $500K to Support Maui Community After Devastating Fires 

Cash and essential healthcare products are being donated to aid relief efforts, the company reports.

Buckle Up: Dispute Panel Called to Action by US in Mexico’s GMO Corn Ban
Buckle Up: Dispute Panel Called to Action by US in Mexico’s GMO Corn Ban

“Mexico’s decree, which runs counter to scientific findings and is in direct violation of USMCA, is negatively impacting American corn growers,” said Tom Haag, NCGA president.

Airlines Push Jet Fuel Subsidies to Help Corn Growers
Airlines Push Jet Fuel Subsidies to Help Corn Growers

“These tax credits, which encourage the use of more eco-friendly fuels, could make or break the prospects of corn ethanol as a sustainable aviation fuel," says Jim Wiesemeyer, ProFarmer policy analyst.

Syngenta Unveils New Seeds Research-and-Development Innovation Center 
Syngenta Unveils New Seeds Research-and-Development Innovation Center 

Some of the research now underway at the facility is focused on improving germplasm performance, launching stacked, next-generation differentiated traits and demonstrating  regenerative agriculture cropping systems.

What Do Interest Rate Increases, Bank Downgrades Mean for Farmers?
What Do Interest Rate Increases, Bank Downgrades Mean for Farmers?

Three recent headlines from the financial world have farmers asking how those events could affect their lending situation.

Drought is More than just 'Water Stress' for Corn and Soybeans
Drought is More than just 'Water Stress' for Corn and Soybeans

An ongoing lack of water and volatile prices bring heightened focus on fertilizer and nutrient management. They are critical components to creating a more resilient ag production system, says one industry agronomist.   

The proposed Nebraska law would make it easier for farmers to move heavy implements on Nebraska highways.
Smooth Criminal: 3 Targets Thieves Look for on Your Farm

Austin Kings, rural crimes investigator for Missouri Highway Patrol, takes a look at how a criminal might view your farm and home—what they see that producers don’t, and how producers can prevent becoming a target. 

Phytophthora Root Rot Grabs the Spotlight in Soybeans
Phytophthora Root Rot Grabs the Spotlight in Soybeans

The increased incidence of the disease this year in the Midwest has to do with the extremely hot, dry weather followed by heavy precipitation events farmers received in June and July.

Farmers Seize Market Opportunities but Concerned about Rising Interest Rates
Farmers Seize Market Opportunities but Concerned about Rising Interest Rates

Sixty-five percent of farmers surveyed in July expect interest rates to climb in the next 12 months. On a positive note, 7 out of 10 said they expect farmland cash rental rates to remain roughly the same for 2024.

Who’s On Your Digital Dance Card?
Who’s On Your Digital Dance Card?

If ag retailers fail to address a customer need, then it invites customers to take their business to someone else in the long run. Explore your options today.  

Senate Votes to Limit Foreign Land Ownership
Senate Votes to Limit Foreign Land Ownership

Roughly 37.6 million acres of U.S. ag land is foreign owned, according to USDA. However, select purchases of U.S. land could come to an end following a Senate vote this week.

Major CRP Changes Could be Coming in the Farm Bill
Major CRP Changes Could be Coming in the Farm Bill

House Republicans, particularly on the House Ag Committee, are debating changes to the Conservation Reserve Program as part of the upcoming farm bill reauthorization.

Is Mexico Banning GMO Corn to Protect Native Corn Varieties?
Is Mexico Banning GMO Corn to Protect Native Corn Varieties?

In Mexico, corn is much more than a food crop—it's a key part of the country's heritage, culture and traditions. Mexico argues glyphosate and GMOs are dangerous to human health, and seeks alternative practices.

WOTUS Meetings on the Calendar with New Recommendations in Tow
WOTUS Meetings on the Calendar with New Recommendations in Tow

EPA has been asked to exclude ditches from the definition of federal waters, include wetlands when they can't be distinguished from navigable waters, and erase the independent interstate waters and wetlands category.

What You Need to Know: EPA’s Proposed Herbicide Regulations
What You Need to Know: EPA’s Proposed Herbicide Regulations

Roughly 1.4 million metric tons of herbicide was applied globally in 2020. EPA looks to reduce the U.S.’s contribution to global herbicide numbers via a new regulation proposed on Monday.

Latin America Boosts Imports of U.S. Corn
Latin America Boosts Imports of U.S. Corn

According to a new report by USDA, ag imports from Latin America and the Caribbean have increased over the past 12 years, with a compound annual growth rate of 6.9%.

AgVend Captures 20% of Ag Input Retail Market After MFA Incorporated Partnership
AgVend Captures 20% of Ag Input Retail Market After MFA Incorporated Partnership

Since 2020, AgVend has seen 300% year-over-year growth with over 60 ag retailers and wholesalers leveraging AgVend technology to enhance the way they go to market.

New Farmland Bill Would Create a Public Database for Foreign Land Ownership
New Farmland Bill Would Create a Public Database for Foreign Land Ownership

The Farmland Security Act of 2023 seeks to further boost transparency in foreign ownership of U.S. farmland.

Fill Farm Management Gaps to Maximize Farm Productivity
Fill Farm Management Gaps to Maximize Farm Productivity

“Most farms don’t have the time, capabilities, perspectives, resources or desire to do all the tasks it takes to run an operation," says Steve Kluemper, AgriStrategies LLC founder. "A lot of growers hire to fill gaps."

EPA Details its Reason for Denying 26 Small Refinery Exemption Requests
EPA Details its Reason for Denying 26 Small Refinery Exemption Requests

Under the Clean Air Act, those affected by this decision have the right to request a judicial review with the US Court of Appeals within 60 days of the notice's Federal Register publication.

CLAAS Expands Lineup with Two New Tractors
CLAAS Expands Lineup with Two New Tractors

CLAAS introduced its latest tractor lines: the XERION 12.650 and 12.590, the ARION 660, 650 and 630, as well as row-crop friendly options on the AXION 960 TT and 930 TT on Tuesday.

Preliminary Trade Agreement Between U.S., Taiwan Garners Approval from Senate
Preliminary Trade Agreement Between U.S., Taiwan Garners Approval from Senate

The leaders also drafted a proposed legislation earlier this month that promises treaty-like benefits for businesses seeking cross-border investment opportunities via the tax code.

Farm Bill 2023 Draft is Expected by Mid-September
Farm Bill 2023 Draft is Expected by Mid-September

House Ag Committee Chairman G.T. Thompson, along with other members, is seeking additional funding sources for the bill, but that will likely be the biggest farm bill hurdle that may trip up lawmakers.

The Countdown is on for EPA to Revise WOTUS
The Countdown is on for EPA to Revise WOTUS

EPA has a deadline from the Eight Circuit Court of Appeals to offer a progress report on the Waters of the U.S. rule by Sept. 15.

Congress Returns: Ag Appropriations Bill Takes Priority
Congress Returns: Ag Appropriations Bill Takes Priority

Legislators have until Wednesday to propose amendments to the fiscal 2024 Ag appropriations bill, which could lead to test votes on farm bill matters. The measure could begin debate next week.

U.S. Committee Proposes New Roadblock for Foreign Land Ownership
U.S. Committee Proposes New Roadblock for Foreign Land Ownership

The House Select Committee on the Chinese Communist Party (CCP) introduced an act to prevent foreign adversaries from exploiting U.S. land near security sites, and would push a review of current ownership in these areas.

WOTUS Ruling Causing Confusion in Key Ag States
WOTUS Ruling Causing Confusion in Key Ag States

State officials find these states serve as early examples of the challenges other places may face in response to the recent Sackett ruling on WOTUS.

U.S. Inflation Continues to Decline, Down from 4% in May
U.S. Inflation Continues to Decline, Down from 4% in May

Meanwhile, service prices and the core index (which excludes food and energy) remain high, with the core CPI descending to 4.8%.

Climate Corp
Ag Climate Data Collection to be Improved with $300 Million Investment

USDA looks to improve the future measure, monitoring, reporting and verification of ag climate emissions via a $300 million investment announced on Wednesday.

Is it Time to Repurpose CRP?
Is it Time to Repurpose CRP?

Dr. Carl Zulauf of Ohio State University, via a FarmDoc Daily article, proposes merging General CRP and Continuous CRP into a Site Specific CRP.

USDA Initiates Aid Program to Address Farm Lending Discrimination
USDA Initiates Aid Program to Address Farm Lending Discrimination

The program targets those who were discriminated against before Jan. 1, 2021, or those still in debt from discriminatory USDA farm loans. 

Does an Emoji Equate to a Grain Contract Signature?
Does an Emoji Equate to a Grain Contract Signature?

The judge ruled based on the dialogue that the deal was “at least verbally struck.” The judge directed the Canadian farmer to pay the grain elevator $82,000 plus interest and costs for failing to deliver the flax.

Bayer Plans to Sell its Crop Science Division, says German News Service
Bayer Plans to Sell its Crop Science Division, says German News Service

Platow Brief, a banking and finance publication, says new Bayer AG CEO Bill Anderson and team are working on a deal to spin off the division to improve the pharma giant's financial wellbeing and placate investors.

USTR Comments on USMCA Meetings
USTR Comments on USMCA Meetings

During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico's Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.

Tarspotter App Could Help Shield Corn from a Tar Spot Invasion
Tarspotter App Could Help Shield Corn from a Tar Spot Invasion

“This is the earliest we’ve reported tar spot in Iowa,” says Robertson, Iowa State professor of plant pathology. She says the early detection could be due to the Tarspotter app. Here's how it works.

Crime Sprees Target Precision Ag Technology at Farms and Dealerships
Crime Sprees Target Precision Ag Technology at Farms and Dealerships

Thieves are ripping off yield monitors and navigation systems, many of which retail for $4,000-plus. Some authorities speculate the tools are sold on the black market abroad for use as is or pieced out for their parts.

Red Crown Rot Reaches Illinois Soybean Fields, Suspected in Other Midwestern States
Red Crown Rot Reaches Illinois Soybean Fields, Suspected in Other Midwestern States

Double-digit yield losses are not uncommon. To date, 14 Illinois counties have confirmed the disease, and it's being scouted for elsewhere by seed company and Extension pathologists and agronomists.

USMCA Up for Debate in Mexico This Week
USMCA Up for Debate in Mexico This Week

Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.

US and China: A New Trade War?
US and China: A New Trade War?

Beijing on Monday announced export controls on gallium and germanium. Now the Biden administration is set to restrict Chinese companies’ access to U.S. cloud-computing services that use AI chips.

Ferrie: Derecho Took 20 to 30 Bu. Off the Top of April Corn but Don’t Throw in the Towel
Ferrie: Derecho Took 20 to 30 Bu. Off the Top of April Corn but Don’t Throw in the Towel

Flattened corn can often recover, stand and produce decent yields. Soybeans can shake off a storm and flourish, but beware spider mites in the next 10 days if temperatures stay 85-plus degrees with low humidity.

Soybean Aphids Have Arrived. Send in the Scouts
Soybean Aphids Have Arrived. Send in the Scouts

The pest is showing up in early-season soybeans. Current numbers don't necessarily warrant treatment. Because the pests can double in population in only a few days, scouting is the only way to stay on top of them.

EPA to Release More WOTUS Rule Information
EPA to Release More WOTUS Rule Information

EPA plans to revise the "Waters of the United States" (WOTUS) regulation by Sept. 1. Both the EPA and the Corps of Engineers have regulatory duties for federal waterways.

5 Insights on Ag Retail’s Biggest Challenges Right Now
5 Insights on Ag Retail’s Biggest Challenges Right Now

The Scoop did an online poll of its ag retail audience in June. Via almost 100 responses, ag retailers said their No. 1 challenge was the following...

Which Are The Best BBQ Cities in America?
Which Are The Best BBQ Cities in America?

Which cities have the best barbeque? The answer depends on who you ask, and two recent rankings provide different results.

Smoky Skies and Reduced Air Quality Return to the Midwest and Mid-South
Smoky Skies and Reduced Air Quality Return to the Midwest and Mid-South

Unhealthy levels of air pollutants are spreading across some parts of the U.S., a result of the worst-ever start to wildfire season in Canada. Sixteen million acres have burned--an area a bit larger than West Virginia.

Homegrown Tar Spot Is Showing Up Now Thanks To Inoculant From 2021
Homegrown Tar Spot Is Showing Up Now Thanks To Inoculant From 2021

Farmers with cornfields affected two years ago need to be ready this season, based on a corn-soybean rotation. Fields with high levels of residue are more susceptible, and beware heavy rains just prior to canopy.

Stabenow Proposes $20 Billion Farm Bill Solution?
Stabenow Proposes $20 Billion Farm Bill Solution?

Senate Ag Chair Debbie Stabenow (D-Mich.) opened the door to shifting almost $20 billion from her party’s climate and tax credit law enacted last year to more general spending in the upcoming farm bill.

7 Steps to Better Post-Herbicide Weed Control In Soybeans
7 Steps to Better Post-Herbicide Weed Control In Soybeans

Dry weather stymied many early-season control efforts. But keep going after weeds, agronomists encourage. Why? Research shows weeds not controlled after V2 can reduce soybean yields by up to 1% per day.

Ferrie: If You Want Agronomic Answers, Read Your Crown Roots
Ferrie: If You Want Agronomic Answers, Read Your Crown Roots

Many Midwest farmers are seeing their corn crop struggle from compaction, nutrient deficiencies and herbicide carryover. Some of these issues can be addressed yet this season.