Ag Disappointed in Tailpipe Emissions Rule

Progressive Farmer’s Todd Neeley reported Wednesday that “the Biden administration finalized national pollution standards for vehicles through 2032, leaving next to no room for ethanol and other biofuels as a tool to cut emissions.” “While the new standards give automakers some flexibility in how they reduce emissions, the standards do little to use ethanol and other […]

Ag Groups Seek USDA Funds to Recover Markets

Bloomberg’s Gerson Freitas Jr and Isis Almeida reported Tuesday that “the US is seeing fervent industry support for its program to help the nation’s farmers win back overseas markets from rivals including Brazil and Russia, with agriculture groups seeking more than $900 million in aid.” “The US Department of Agriculture received applications for more than […]

EU Imposing Tariffs on Russian Grain

Reuters’ reported Tuesday that “the EU is preparing to impose tariffs on grain imports from Russia and Belarus to placate farmers and some member states, officials familiar with the plans said on Tuesday. Traders said Russian and Belarusian shipments to the bloc were low, certainly relative to those from Ukraine, and that the imposition of […]

Iowa Fertilizer Spill Killing Fish

The Iowa Capital Dispatch’s Jared Strong reported this past weekend that “state conservation officials have found no living fish in the East Nishnabotna River south of Red Oak — the result of a massive fertilizer spill at a farmers cooperative. The only living fish were discovered near Hamburg in far southwest Iowa, downstream of where […]

Texas Wildfires Kill 7,000+ Cattle

The Texas Tribune’s Jayme Lozano Carver reported this past Friday that estimates from recent wildfires in the Texas Panhandle “show more than 7,000 head of cattle died. The final number directly related to the fires could reach 10,000. The true total may not be known for months, as ranchers consider euthanizing cattle with severe injuries such […]

U.S. Wheat Farms Declined 40% in Last 20 Years

The United States Department of Agriculture’s Economic Research Service reported earlier this week that “the number of wheat farms in the United States has declined substantially over time. Since 2002, the total number of wheat farms fell by more than 40 percent, from 169,528 in 2002 to 97,014 in 2022, and also more than 7 […]

USDA Brazil estimates remain far above Conab

Reuters’ Karen Braun reported Wednesday that “benchmark industry estimates of top exporter Brazil’s soybean crop have deviated even further from each other this month following a season blemished by questionable weather. That same controversy may be brewing for the country’s corn crop, especially with unfavorable conditions potentially on tap for Brazil’s top production state.” Despite […]

ADM Overstated Nutrition Profits by Up To 10%

The Financial Times’ Stephen Foley reported Tuesday that “Archer Daniels Midland, the global agricultural commodities merchant, overstated historical profits at its fast-growing nutrition business by up to 10 percent, it said on Tuesday, setting out for the first time the details of an accounting probe that led to its chief financial officer being put on […]

Farmers Continue Embracing Solar Panels

Bloomberg’s Ilena Peng, Michael Hirtzer, and Will Wade reported Thursday that “farmers are increasingly embracing solar as a buffer against volatile crop prices and rising expenses. Their incomes are heading for a 26% slide this year, the biggest drop since 2006, as cash receipts for corn, soy and sugar cane are expected to drop by […]

Ag Avoids SEC Emissions Reporting Rule

Progressive Farmer’s Todd Neeley reported Wednesday that “the U.S. Securities and Exchange Commission on Wednesday voted to finalize a climate-disclosure rule that dropped a requirement for U.S.-listed companies to disclose Scope 3 greenhouse gas emissions, including farms and ranches.” “The final rule is considered a victory for farmers and ranchers who spoke out against the […]

WIC and Foreign Ag Land Addressed in Funding Bills

The Hill’s Aris Folley reported on Sunday that “congressional leaders on Sunday finally revealed long-awaited bipartisan bills to fund parts of the government for most of the year, setting off a bicameral sprint to avert looming shutdown threat in less than a week. ” “The weekend rollout entails six full-year spending bills to fund a […]

Drought Ends Along Mississippi River, For Now

WorkBoat’s Pamela Glass reported last week that “the U.S. Army Corps of Engineers has officially declared an end to the severe drought that disrupted barge transportation along the Mississippi River system for more than a year.” “Draft restrictions on vessels have been lifted, and dredges no longer operate to maintain nine-foot navigation throughout the Mississippi […]

Spring Crop Insurance Projected Prices Fall

Progressive Farmer’s Katie Micik Dehlinger reported Thursday that “the corn projected price for 2024 revenue protection policies is 27% lower than last year at $4.66 per bushel, while the soybean projected price is 16% lower at $11.55. Projected prices for spring wheat are $6.85, 30% lower than last year.” “Revenue protection crop insurance policies won’t […]

USDA Raises 2024 Export & Import Forecast

The United States Department of Agriculture this week raised its fiscal year 2024 agricultural export and import forecasts by $1 billion each, holding steady its estimate of a $30.5 billion U.S. ag trade deficit in 2024. Fiscal year 2024 exports are now forecast at $170.5 billion, while imports are estimated at $201.0 billion. An ag […]

Wildfires Threatening Texas Ag Producers

NBC News’ Patrick Smith reported Wednesday that “Texas farmers and ranchers are facing the ‘destruction’ of their livelihoods as a result of wildfires that have continued to rage through the panhandle this week into today, the state’s agriculture commissioner said.” “‘These fires not only threaten lives and property but also have a significant impact on […]

Government Shutdown Looms Amid Crop Insurance Deadline

Forbe’s Simon Moore reported Tuesday that “without passage of a budget or a continuing resolution, four appropriations areas of the U.S. government would shut down at midnight on March 1. This includes Agriculture, Rural Development, and the Food and Drug Administration; Energy and Water Development; Military Construction and Veterans Affairs; and Transportation, Housing and Urban […]

Temperatures Records Likely to be Broken

Fox Weather’s Emilee Speck reported Monday that “hundreds of temperature records – record highs and record-warm lows – are expected to fall through midweek, with Monday and Tuesday forecast to be the warmest days across the Plains and Midwest. On Monday, more than 250 million Americans will experience above-average temperatures.” “According to the FOX Forecast […]

Corn Dropped Below $4 Last Week

Reuters’ P.J. Huffstutter reported that “Chicago Board of Trade corn futures (last) Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.” May corn futures prices, however, remained above $4, closing at just above $4.13 last Friday. […]

Brazil, Argentina Crop Production Estimates Cut

Soybean production estimates for Argentina and Brazil, along with corn production estimates for Argentina, were lowered earlier this week by agribusiness consultancy Agroconsult and the Rosario Grains Exchange. “Brazil’s 2023/2024 soybean crop estimate has been reduced to 152.2 million metric tons from the previous estimate of 153.8 million tons, agribusiness consultancy Agroconsult said on Tuesday, […]

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