Retail Business
USDA’s first look at net farm income shows without continued ad hoc government payments, net farm income will drop this year.
A far cry from this time last year, farmers are actually asking the question ‘what should I add?’ versus ‘what do I need to cut?’ With skyrocketing commodity prices, farmers have the opportunity to experiment.
“Our latest partnership with Direct Enterprises allows us to expand our product offering to now include seed treating equipment with the addition of the AT500H seed treater,” said John Demerly, CEO, CommoditAg.
The barometer drifted lower in January to a reading of 167. Even so, it shows areas of farmer optimism about making capital improvement investments and the outlook for farmland values.
China put a record number of corn purchases on the books to end January, but it’s not just China buying. This week, USDA confirmed China bought more corn from the U.S., a sign demand may be strong across the board.
China’s historic buys last week seem to come with nervousness from other major importers. So, are the higher prices rationing demand? Analysts say it’s not happening with China, yet.
Whether it’s to fulfill Phase One promised, or an increased need for feed, some say the timing of the record Chinese buys isn’t a coincidence. So, what’s driving the record demand from China?
USDA dramatically cut its 2020 average corn yield projection Tuesday, sending futures prices limit up. The 3.8 bu. per acre drop in the national projected yield is the largest in more than a quarter century.
Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) says she supports the Biden Administration’s move to freeze payments under the Coronavirus Food Assistance Program (CFAP).
China’s appetite for U.S. corn seems unstoppable. Just this week, daily sales of corn to China added up to a new record.
A travel ban on South African guest workers, as currently set in place by executive order, could be devastating for U.S. farming operations.
U.S. soy processors, fresh off their busiest year on record, have booked soybean purchases well beyond their normal few weeks of supply due to soaring export demand, rising prices and fears of soy shortages.
Use this framework to understand COVID-19’s tail.
President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).
After corn and soybean prices soared last week once the USDA’s WASDE report was released, grains and oilseeds seem to have taken a different path this week. So, is the grain rally over? Bob Utterback weighs in.
Meristem has been building out its vision for a new way to supply crop inputs, specifically yield enhancement crop additives. Mitch Eviston, CEO and co-founder recently appeared on The Scoop podcast.
President Joe Biden plans to introduce ambitious immigration reform legislation on his first day in office that seeks to legalize millions of undocumented workers.
In summary, the lawsuit alleges crop input manufacturers, large wholesalers and retailers have created an unfair market for farmers.
My bet is we will never fully return to pre-2020 business behaviors.
USDA revealed this week the soybean stocks to use scenario is record tight for this time of year. Analysts explain why that could create even higher prices in the months ahead.
USDA announced the release of $2.3 billion in leftover funds from the first and second rounds of the Coronavirus Food Aid Program (CFAP) on Friday, most of it to benefit contract hog and poultry producers.
With only days left in office, the renewable fuels industry expects the current EPA to announce a portion of small refinery exemptions for 2019. However, Growth Energy says it’s doing everything it can to stop it.
Grain markets are driven by lower supplies and higher demand.
Analysts say the trade expected a bullish USDA report. With minimal changes, traders sold the market and commodity prices dropped.
Mike North of ever.ag thinks the market is already pricing in minor reductions in the upcoming USDA report. So, what will it take to give the market more fuel moving forward?
2020 was a dynamic year in the markets. From the pandemic causing prices to plummet in the spring to a dramatic recovery during the fall, analysts say key lessons were learned along the way.
David Schuler’s Christmastime tradition turned into a tribute to those working on as first responders through the COVID-19 pandemic.
With just eight days left in EPA Administrator Andrew Wheeler’s term, RFA president and CEO Geoff Cooper weighs in on worst-case scenarios and his optimism about the new administration.
This month’s 2020/21 U.S. corn outlook is for lower production, reduced corn used for ethanol, smaller feed and residual use and exports, and decreased ending stocks.
In announcing nine promotions within its company and retail business, Rick Brandt, CEO and President of Brandt said, “I’m proud that these were all internal promotions.”