Agriculture News
Corn, bean basis accelerate their recent dives as harvest ramps up.
Find highlights from USDA’s latest Cold Storage Report.
Reuters’ report seems to line up with comments from Senator Grassley regarding the RFS on AgriTalk today. And Ag Secretary Vilsack’s comments on the show seemed to pave the way for lower numbers.
The presence of the virus in the Americas paired with a surge in Haitian migrants at our southern border heightens concern the highly contagious disease could make its way to the U.S.
EPA’s administrator also said EPA hopes release that foundational proposal sometime in November.
CCI ratings for both crops are still below the five-year averages.
Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk host Chip Flory discuss the southern border crisis, the latest on the battle over the infrastructure bill(s), and more...
Wheat exports held strong and were near the upper end of expectation.
Grain and soy futures are under pressure amid broad-based risk-off selling. Livestock futures are lower to start the week as well.
ERS finally released analysis of Biden’s plan to change stepped-up basis on inherited assets, and its conclusions don’t tell the full story.
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80% of rural bankers in 10-state region say elimination of step-basis will have negative impact on mainstreet economies.
Drought spread across the Central and Southern Plains over the past week, as well as in southern and eastern areas of the Corn Belt, according to the latest U.S. Drought Monitor.
Warm weather is likely to continue across most of the Midwest and Plains during October, according to updated weather maps from the Climate Prediction Center. The precipitation outlook for next month is less certain.
In contrast, corn sales slumped to less than 250,000 MT.
Corn and soybean basis weaken as harvest picks up and amid Gulf logistics issues due to Hurricane Ida.
The August crush figure still represented a substantial slowdown in the crush pace from monthly records set the first five months of the crop year.
Projected net farm income is expected to reach the highest level since 2013 this year, but net farm income is likely to fall $23 billion in 2022, according to FAPRI.
Its crop estimates continue to shrink against the backdrop of a punishing drought.