Soybean Futures Continue Falling
Bloomberg's Gerson Freitas Jr reported that last week, "soybeans capped…
Farm Income Forecast to Fall in 2024
The United States Department of Agriculture Economic Research Service reported…
Mexico Buying US Corn Despite Dispute
Reuters' Karen Braun reported last week that "the United States…
Fed Rates Unchanged in January
CNBC's Jeff Cox reported that "the Federal Reserve on Wednesday…
ADM Investigating Accounting Practices
Reuters writer Karl Plume reported on Monday that "An investigation…
Fed’s January Ag Economy Observations
The Federal Reserve Board on Wednesday released its January 2024…
High Interest Costs Could Weigh On Farmland Demand
The Federal Reserve Bank of Kansas City's Ty Kreitman reported…
Argentina’s Rosario Exchange increases soybean and corn production estimates
Bloomberg reporter Jonathan Gilbert reported yesterday that "Argentina is on course…
Red Sea Attacks Continue, Could Affect U.S. Corn
Reuters reported yesterday that "U.S. and British naval forces shot down…
German Farmers Protest Ag Subsidy Cuts
CNBC writer Sophie Kiderlin reported at the beginning of this…
California’s Proposition 12 Takes Full Effect
California's Proposition 12 farm animal confinement law took full effect…
Corn futures fall more than 30% in 2023
Grain futures ended 2023 significantly in the red, according to…
FT: Low Corn Prices “Heap Pressure on Farmers”
Financial Times writer Susannah Savage reported yesterday that, "The price of corn has tumbled to a three-year low as supplies from the US and Brazil surge while demand stagnates, helping…
2023 Farm Sector Income Forecast, November
"The USDA’s Economic Research Service (ERS) indicated on Thursday that, "Farm sector income is forecast to fall in 2023 after reaching record highs in 2022. Net farm income, a broad…
NYT: “Carriers Want to Replace Jet Fuel with Ethanol to Fight Global Warming”- Water Use Concerns
New York Times writers Max Bearak, Dionne Searcey and Mira Rojanasakul reported yesterday that, "Vast stretches of America are dominated by corn, nearly 100 million acres of it, stretching from…
Fertilizer Prices Mixed, While Brazilian Soybean Production Estimates Adjusted
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices saw mixed moves again during the second week of November 2023, according to sellers surveyed by DTN."
Minneapolis Fed: Farm Incomes Down in Third Quarter, But Land Values Climb
In an article last week from the Federal Reserve Bank of Minneapolis, “Farm incomes fell going into harvest, but finances remained solid,” Joe Mahon pointed out that, "Farmers always have a…
Dry Weather in Brazil Threatens Crops, Compels Tough Decisions for Farmers
Bloomberg writers Clarice Couto, Tarso Veloso, and Michael Hirtzer reported late last week that, "Parched fields and scorching heat have delayed soybean planting in the world’s biggest grower, imperiling the…
Kansas City Fed: Farm Loan Interest Rates Climb, as Ag Real Estate Values “Held Firm”
Nate Kauffman and Ty Kreitman, writing in last week’s Ag Credit Survey from the Kansas City Fed, noted that, "Farm income and producer liquidity cooled in recent months alongside lower…
Kansas City Fed: U.S. Ag Economy Softened in Third Quarter; While Soybean Futures Climb “10% From a 22-Month Low in October”
Last week, in its Third Quarter 2023 Ag Bulletin, the Federal Reserve Bank of Kansas City indicated that, "The U.S. agricultural economy softened in the third quarter alongside a drop in…