Markets - General
Total Farm Marketing’s Naomi Blohm says based on her research, corn growers will likely have an opportunity to lock in better corn prices over the next few months.
Shell Rock, Iowa, farmer Jeff Reints started planting corn on April 8 — the earliest ever on his farm. He got 50% of his corn and soybeans in the ground before 3 inches of rain parked the planters.
Ocean shipping transports about 80% of global trade — from coal and corn to bananas and cement. The revisions tackle major concerns from the global maritime industry that feared virtually every cargo carrier could face steep, stacking fees.
Farmers and farm groups have mixed reactions and lingering questions following President Trump’s announcement of sweeping reciprocal tariffs. Will farmers receive aid to offset tariff impact? How will U.S. trading partners react?
On Wednesday afternoon, President Trump announced a series of tariffs, scheduled to start over the next few days, on some of agriculture’s most significant trade partners. Some corn and soybean growers say they are bracing themselves for potentially more financial pain ahead.
The senior senator from Iowa wants E15 approved for year-round use, fair and tariff-free trade, plus more action and a lot less talk regarding tax cuts and budget reconciliation efforts in the Senate.
Secretary of Agriculture Brooke Rollins confirms those payments will be released before the March 21 current deadline in an exclusive interview with Farm Journal on Thursday morning. She also outlined the timing of the $1 billion just announced to combat avian flu.
Secretary of Agriculture Brooke Rollins kicked off the 2025 Top Producer Summit on Tuesday morning, detailing her plan to advocate for trade. ‘We want to find market access for all our products,’ Rollins said.
The latest USDA American Farms and Ranches at a Glance report offers insights to how row crop growers are making a go of it financially in 2025.
U.S. biofuels and corn groups criticized the overall guidance as lacking details on what qualifies for tax credits.
USMEF and Soy Transportation Coalition leaders were among those weighing in on the decision, which could have cost U.S. farmers and ranchers an estimated $1.4 billion a week.
From a possible trade war to brewing discontent within the country, there are five significant trends poised to shape China in the coming year.
From start to finish, each seven-to-10-year economic cycle is normal, but opportunity knocks with understanding and planning.
At the same time, USDA has given HB4 wheat, which features a trait for drought tolerance, the green light for development.
Trump’s plans to roll out blanket import tariffs could slam the door on imported vegetable oil supplies, which renewable energy analysts said could in turn lure the U.S. crush industry to revive lagging plans to build new plants and expand capacity.
Mexico came in with another big buy of U.S. corn on Friday. USDA reported a sale of 781,322 metric tons of corn for delivery to Mexico.
The Soy Transportation Coalition says every foot of reduced water depth or draft is the equivalent of loading 7,000 fewer bushels of soybeans per barge.
The shift to climate-smart farming emphasizes low-carbon crop yields for biofuels, with 45Z tax credits starting Jan. 1, 2025. Farmers should consider profitable changes while documenting their existing sustainable practices.
Farmers are still in the driver’s seat, but the direction of land values in the months and years ahead relies on one major factor: how long low profitability for row crop farmers persists.
While bulk grain exports would be largely unaffected, the strike would impact containerized agricultural exports: Soybeans, soybean meal, and other agricultural products exported via containers would be affected.
The contract between the International Longshoremen’s Association and the United States Maritime Alliance is set to expire on Sept. 30. Negotiations between the two parties have stalled, raising concerns about a possible strike starting Oct. 1.
Leading into the report, surveys showed analysts expected USDA to decrease yields. Instead, the agency bumped the national corn yield by a half a bushel.
China’s soybean imports reached a record high in August 2024, reflecting significant growth in the country’s demand for the oilseed, but meat imports declined.
There is uncertainty about the Farm Bill’s progress due to potential changes in the political landscape. One thing is certain: farmers need a new Farm Bill.
FAPRI Updates Ag Baseline Projections, Painting a More Negative Picture for Soybean Prices Than USDA
In the absence of new shocks to the weather, the macroeconomy or policy, FAPRI projects prices will generally remain near current levels over the next five years.
According to a recent AgWeb survey, 52% of farmers say they don’t plan to sell their old crop corn before harvest and 60% say they’re holding on to their old crop soybeans too.
U.S. corn prices hit a four-year low as the prospect for record corn and soybean crops takes shape in the field. The eroding outlook also appeared in the August Ag Economists’ Monthly Monitor.
The latest WASDE report from the USDA forecasts record-breaking yields in five of the states Pro Farmer Crop Tour will tour —Indiana, Illinois, Iowa, Nebraska and South Dakota. Illinois could see an amazing average corn yield of 225 bu. per acre.
USDA’s current net farm income forecasts show a $90-billion plus drop over the two-year period, making it the largest dollar value loss, adjusted for inflation, that agriculture has ever seen.
USDA raised both old crop exports and feed usage by 75 million bushels. Standard Grain’s Joe Vaclavik describes the report as “the friendliest report you possibly could have received from USDA.”