Latest News From Retail Industry

Benson Hill Co-Founder Steps Down, Plant Breeding Company Seeks New Permanent CEO
Benson Hill Co-Founder Steps Down, Plant Breeding Company Seeks New Permanent CEO

Founded in 2002, the company says its work is at the intersection of food science, data science and plant science.

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New Fuel Act Could Pump More Biofuels into the Jet Market

The White House set a goal of producing 3 billion gal. of sustainable aviation fuel (SAF) by 2030. Senators say outdated climate data is keeping producers from reaching the finish line, but a new bill could change that.

Tentative West Coast Port Labor Contract is Tremendous News for U.S. Red Meat
Tentative West Coast Port Labor Contract is Tremendous News for U.S. Red Meat

The tentative agreement that's been reached with the West Coast longshoremen is of paramount importance for U.S. red meat, says USMEF President and CEO Dan Halstrom. Here's why.

Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought
Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought

Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.

Geospatial Company Forecasts Yields, Announces Irrigation Software Acquisition
Geospatial Company Forecasts Yields, Announces Irrigation Software Acquisition

“We are working to democratize geospatial insights for farming everywhere," says CEO Pieter Fossel.

Drones Hone in on Silage Inventories
Drones Hone in on Silage Inventories

What if you could accurately measure your silage pile inventory with a few clicks of a button? With today's drone technology, you can.

Cross-Border Knowledge Sharing for Ag Retailers
Cross-Border Knowledge Sharing for Ag Retailers

Representatives from global ag retailer peers in Brazil, Argentina and Canada will attend this year’s ARA Conference & Expo.

Act Now to Access Conservation Funding Through the Inflation Reduction Act
Act Now to Access Conservation Funding Through the Inflation Reduction Act

The Inflation Reduction Act is the most significant climate legislation ever enacted. The package includes more than $19 billion to support USDA conservation programs, but the money won't last forever.

Walmart Beef Plant Tied to Investment in Sustainable Beef LLC
Walmart Beef Plant Tied to Investment in Sustainable Beef LLC

Set to open in 2025, the Olathe, Kan., plant will further Walmart’s commitment to creating an end-to-end Angus beef supply chain.

Egg Prices See Largest Monthly Drop in 72 Years, But Still Aren't Back to Normal
Egg Prices See Largest Monthly Drop in 72 Years, But Still Aren't Back to Normal

The CPI for May shows egg prices experienced the largest monthly drop in 72 years, but the price consumers are paying for a dozen eggs is still well above average over the past 10 years.

84% of Iowa Farmland Now Owned Debt-Free
84% of Iowa Farmland Now Owned Debt-Free

Iowa State researchers find this is the state's highest level of farmland owned debt-free. In 1982, Iowa's debt-free land ownership was only 62%.

UV Light Seed Treatment For Corn and Soybeans Headed to Farmers’ Fields
UV Light Seed Treatment For Corn and Soybeans Headed to Farmers’ Fields

The new technology is designed to improve seedling vigor, boost root biomass and contribute to yield increases – up to 15% in corn and 12% in soybeans. It will be commercially available starting in 2024.

Agoro Carbon Marks Two-Year Milestone Totaling $15 Million in Payments
Agoro Carbon Marks Two-Year Milestone Totaling $15 Million in Payments

Last year the company said its payments totaled $9 million so far. 

The Ag Analyst’s Briefing: Week of June 12
The Ag Analyst’s Briefing: Week of June 12

Markets continue to digest / discount the shape of a recovery, which could ultimately be a “Stagflation No Landing” situation, at least during 2023.

What’s the Most Random Thing You’ve Found in Your Field? 5 Farmers Share Their Stories
What’s the Most Random Thing You’ve Found in Your Field? 5 Farmers Share Their Stories

We recently asked farmers what’s the most random thing they’ve found in their fields. Here are a few of the responses. 

A Perfect Storm for Increased Insect Pressure in Corn
A Perfect Storm for Increased Insect Pressure in Corn

Several factors converge making corn rootworm, black cutworm and true armyworm a high concern this season.

Breaking Down the Biggest Surprises in USDA's June WASDE Report
Breaking Down the Biggest Surprises in USDA's June WASDE Report

Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.

The Scoop Podcast: Compete On The Acre, But Partner In The Field
The Scoop Podcast: Compete On The Acre, But Partner In The Field

Amy Asmus shares the value of coming together with peers across the industry as part of the Agricultural Retailers Association and more.

Ireland Proposes Culling 200,000 Cows to Help Meet Climate Goals, Farmers Push Back
Ireland Proposes Culling 200,000 Cows to Help Meet Climate Goals, Farmers Push Back

Ireland's Agriculture Minister has been looking into various ways to reduce methane emissions, including culling 200,000 cows over the next three years.

Sol the Agriculture Detection Dog: A U.S. Hero
Sol the Agriculture Detection Dog: A U.S. Hero

Although he’s motivated by treats and can charm just about anyone, don’t let this dog fool you. Sol is a highly driven beagle who plays a critical role in protecting U.S. agriculture.

Hello, El Niño – What To Expect for the 2023 Crop
Hello, El Niño – What To Expect for the 2023 Crop

On Thursday, forecasters issued an El Niño Advisory, meaning El Niño conditions are now present and expected to gradually strengthen into the winter.

5 Farmers Share Advice to Their Younger Selves
5 Farmers Share Advice to Their Younger Selves

Plenty of farmers started young, worked hard and found a path forward. Along the way, they learned from mistakes and celebrated successes. Farming is hard, but here's why those who have taken the road say it's worth it.

What Could the Ukraine Dam Explosion Mean for Global Ag Markets?
What Could the Ukraine Dam Explosion Mean for Global Ag Markets?

This comes amid word that Ukraine's ag output is expected to decline by 36% this year, compared to 2021.

Drought Watch: Nearly Half of the U.S. Corn Crop is Now Covered in Drought
Drought Watch: Nearly Half of the U.S. Corn Crop is Now Covered in Drought

Last week, 34% of the U.S. corn crop was covered in drought, and this week it jumped to 45%. The second crop conditions ratings of the season from USDA-NASS confirmed dryness is starting to deteriorate crop conditions.

Community College Ag Programs Could See $20 Million in New Funds
Community College Ag Programs Could See $20 Million in New Funds

National enrollment in ag and related science majors at two-year institutions grew 41% in Fall 2021. The Community College Ag Advancement Act aims to give these students more industry opportunities.

Midwest Dairy Producers Forced to Dump Milk
Midwest Dairy Producers Forced to Dump Milk

With much of the Upper Midwest processing capacity maxed out in terms of milk production, finding a new home for milk is not an easy task. This is causing dairy farms to dump milk due to the oversupply. 

Brandt Reorganizes Marketing Team
Brandt Reorganizes Marketing Team

These promotions are designed to enable the marketing group to continue to support the company’s rapid global growth.

Pursell Agri-Tech Appoints Marion Ag Service as West Coast Marketing Partner
Pursell Agri-Tech Appoints Marion Ag Service as West Coast Marketing Partner

The marketing agreement will begin Summer 2023, with Marion Ag providing a full suite of Pursell products to its customers in Q3 2023.

3 Reasons the Farm Bill is Behind Schedule
3 Reasons the Farm Bill is Behind Schedule

The Senate and House Ag committees are facing delays in drafting the next farm bill, and it is expected to be the most expensive farm bill to date, clocking in at around $1.5 trillion.

2 Ways to Tell Whether Corn is Deficient in Nitrogen or Potassium
2 Ways to Tell Whether Corn is Deficient in Nitrogen or Potassium

Ken Ferrie is seeing potassium deficiency in corn this season because of dry soil conditions. It's easy to confuse with a nitrogen deficiency and even the carbon penalty and ugly corn syndrome.

Texas Farmers Pummeled by 20 Inches of Rain, Now It's Too Wet to Plant
Texas Farmers Pummeled by 20 Inches of Rain, Now It's Too Wet to Plant

After consecutive years of drought, some areas of Texas are now breaking records for the wettest May ever. With most of their crop left to plant, it's forcing farmers to make some tough decisions and crop changes.

The Ag Analyst’s Briefing: Week of June 5 Watchlist
The Ag Analyst’s Briefing: Week of June 5 Watchlist

Upon reflecting on the recent Kansas City Federal Reserve Ag Symposium (May 23rd to 24th), we conclude that “the U.S. will be a major agriculture producer as long as we can keep our edge.”

Precision Laboratories and Direct Enterprises Sign Distribution Agreement
Precision Laboratories and Direct Enterprises Sign Distribution Agreement

The collaboration allows faster and more efficient market penetration of Precision Laboratories’ seed product portfolio via DEI’s distribution network and established track record.

Drought Tightens Grip Across the Corn Belt, 34% of Corn Now Hit with Drought
Drought Tightens Grip Across the Corn Belt, 34% of Corn Now Hit with Drought

Much of the eastern Corn Belt is currently experiencing drought. Dry conditions have been parked in the western region even longer. Low subsoil moisture is a concern, and short-term dryness is compounding the issue.

Special Alert: California Proposition 12 Releases New Guidance
Special Alert: California Proposition 12 Releases New Guidance

Who enforces Prop 12? Here's a look at California Department of Food and Agriculture's recent guidance titled "Questions and Answers Related to Pork Sales in the Wake of the 2023 Supreme Court Decision."

Soybean Group Wants Heavier Semi-Truck Loads Approved For Interstate Transport
Soybean Group Wants Heavier Semi-Truck Loads Approved For Interstate Transport

Bill 3372 could lower greenhouse gas emissions, mitigate factors leading to supply chain backlogs, reduce damage to roads, and provide an extra set of brakes to improve stopping capacity and safety, one lawmaker says.

Yara To Build New Global Plant for Specialty Fertilizers and Biostimulants
Yara To Build New Global Plant for Specialty Fertilizers and Biostimulants

The plant, to be built close to the company's existing site in Yorkshire, UK, will allow Yara to double the capacity of its YaraVita products when the facility is expected to be operational by the end of 2025

The Ohio State University and Trimble Establish First Ag Lab of Its Kind
The Ohio State University and Trimble Establish First Ag Lab of Its Kind

The Trimble Technology Labs will open during Autumn Semester 2023 and will provide students with access to Trimble technology solutions used by professionals in the agriculture, construction and geospatial industries.

Dust Storms Shouldn’t Happen in the Corn Belt
Dust Storms Shouldn’t Happen in the Corn Belt

The recent soil dust cloud catastrophe in central Illinois is a wake-up call from Mother Nature suggesting all of agriculture needs to implement more sustainable production practices. We owe it to future generations.

Flash Flooding Hits Texas Panhandle, Several Feedyards Now Face Massive Cleanup and Cattle Losses
Flash Flooding Hits Texas Panhandle, Several Feedyards Now Face Massive Cleanup and Cattle Losses

The area was hit especially hard by historic rains on Friday. It is home to several feedyards, with owners and operators trying to assess the number of cows lost due to flood waters rising so quickly.

World’s Largest Soil Archive Brings History to Life
World’s Largest Soil Archive Brings History to Life

Nestled in an old barn sat 8,000 mason jars filled with soil dating back to 1862. Now the plan is to revisit the 450 sampling locations spanning 21 million crop acres for insights into soil fertility and conservation.

The Ag Analyst’s Briefing: Week of May 29 Watchlist
The Ag Analyst’s Briefing: Week of May 29 Watchlist

Could Stagflation, Rather Than Recession, Happen Next?

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Corn Residue Will Transform into Renewable Plastic in New Industry Deal

Dow Inc. and New Energy Blue have announced a long-term supply agreement to produce bio-based ethylene from renewable ag residues, specifically corn stover.

The Forecast Looks Good for Grilling, And That's Great News for Meat Demand
The Forecast Looks Good for Grilling, And That's Great News for Meat Demand

Meat demand peaked last year, but economists say domestic demand is still stronger than pre-pandemic levels, and with more grilling this Memorial Day weekend, it could help boost domestic meat demand.

GreenPoint Ag Announces Organizational Changes within the Retail Division
GreenPoint Ag Announces Organizational Changes within the Retail Division

These changes signify GreenPoint's growth and progression since its inception nearly three years ago.

ARA Commends SCOTUS Ruling to Restore "Common Sense" WOTUS Rule
ARA Commends SCOTUS Ruling to Restore "Common Sense" WOTUS Rule

"The Court’s ruling today should provide the legal certainly necessary for ag retailers and their farmer customers," says Daren Coppock.

Grain Trader Viterra in Talks to Merge With Rival Bunge
Grain Trader Viterra in Talks to Merge With Rival Bunge

According to a person familiar with the matter, there is no certainty Viterra will be able to reach an agreement on the terms of a deal.

Small-Town Bank CEOs are Cautiously Optimistic, says Rural Mainstreet Index Survey
Small-Town Bank CEOs are Cautiously Optimistic, says Rural Mainstreet Index Survey

Despite the positive sentiment, local community bankers report concerns about lower commodity prices, the ‘big bank mess’ and another potential rate hike in June by the Fed.

3 Things to Know About Purchasing Farmland Now 
3 Things to Know About Purchasing Farmland Now 

Paul Schadegg, with Farmers National Company, shares his perspective on agricultural real estate demand, the impact of interest rates on the market and the outlook for land values later this year.

Farmers Edge Satellite Image
NASA’s Newest Mission is Focused on Helping U.S. Farmers

The agency recently launched a new initiative called Acres. Scientists plan for the data gathered through the program to help farmers with all kinds of decisions, from water use to what crops to plant and when.