Your Pro Farmer newsletter (April 30, 2022) is now available

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The U.S. is ramping up food aid to those impacted by Russia's invasion of Ukraine via USDA and the U.S. Agency for International Development initiatives. President Joe Biden also proposed $33 billion in additional aid, including $500 million to encourage U.S. farmers to increase production of crops such as soybeans and wheat to address global food shortages. While food shortage concerns around the world mount, USDA again raised its U.S. food price forecasts. U.S. weather will remain wet into early May, further delaying corn planting, that's already the slowest for the date since 2013. Meanwhile, congestion and service issues have become a “real problem” for industries across the country that need rail to move their goods, including agriculture. We cover these issues and much more in this week’s newsletter, which you can download here.

 

Latest News

After the Bell | April 25, 2024
After the Bell | April 25, 2024

After the Bell | April 25, 2024

House GOP Nears Farm Bill Rollout as Dems in Disarray
House GOP Nears Farm Bill Rollout as Dems in Disarray

Coming House measure has some farmer-friendly proposals for crops, livestock and dairy

Pork Inventories Build | April 25, 2024
Pork Inventories Build | April 25, 2024

Columbia embargoes beef from certain U.S. States, Yen falls to long-time low and pal oil producers push back on E.U. climate regs...

USDA Gets Criticized on H5N1/Dairy Cattle; Vilsack to Tap CCC for Funds; Trade Impacts Surface
USDA Gets Criticized on H5N1/Dairy Cattle; Vilsack to Tap CCC for Funds; Trade Impacts Surface

U.S. GDP increased at 1.6% rate in first quarter, less than expected

Ahead of the Open | April 25, 2024
Ahead of the Open | April 25, 2024

Wheat led strength overnight, with corn following modestly to the upside. Soybeans favored the downside and went into the break near session lows.

Weekly corn sales surge to 1.3 MMT
Weekly corn sales surge to 1.3 MMT

Weekly corn sales for the week ended April 18 topped pre-report expectations by a notable margin, while soybean sales missed the pre-report range.