wasde report

WASDE Report Predicts Record Soybean Crop for Brazil

Dan Corn, Industry News Release, Soybeans, Wheat

The latest World Agriculture Supply and Demand (WASDE) Report from the Department of Agriculture shows Brazil is reaching a record soybean planting. USDA predicted a record Brazilian soybean crop in the report Tuesday of 115 million metric tons, or 4.2 billion bushels. Domestically, U.S. soybean supply and use changes for 2017/18 include increased crush, lower seed and residual use, and …

mutations

Crops Hold Onto Harmful Mutations That Reduce Productivity

Dan Corn, Research

Limits on improving yield and other critical traits in maize likely are due to rare harmful mutations genetically linked to a beneficial gene combination that were selected for during domestication and breeding, according to a study published in the journal Nature. These so-called deleterious genetic mutations result from errors in the DNA that occur randomly every generation and accumulate from ancient mutations right …

farmers

Farmers Seek Syngenta Lawsuit Settlement Approval

Dan Corn, Industry News Release

U.S. farmers in a class action lawsuit are seeking approval of a settlement agreement with Syngenta. Court records show the class action lawsuit is seeking court approval for a record $1.51 billion settlement with Syngenta. The lawsuit includes farmers, grain handlers and ethanol plants nationwide that sold corn after September 15, 2013. Reuters reports that lawyers for the plaintiffs said …

progeny

Progeny Bringing the Best Possible Products to Your Farm

Dan Corn, Seeds

Progeny. That’s the name of innovative, high-performing seed products. And they do it all with one goal in mind: to bring the best possible products to your farm. And when it comes to corn seed, Progeny Agronomist John Rocconi says they recently received some great news about one of their hybrids. Progeny Bringing the Best Possible Products to Your Farm

usda

USDA Report Indicates Increased Corn Demand

Dan Corn, Industry News Release, Soybeans, Wheat

The Department of Agriculture (USDA) has increased corn demand in it’s latest forecast for the 2017-18 crop year. The monthly World Agriculture Supply and Demand report increased exports of corn by 175 million bushels to 2.2 billion bushels based on price competitiveness, and increased expected corn ethanol use by 50 million bushels to 5.5 billion bushels. The average price for …

year

New Study: RIN Price Cap for E15 RVP Waiver “Deal” Would Cut Ethanol Consumption and Trounce Corn Prices

Dan Corn, Energy, Industry News Release

Any action to artificially cap Renewable Identification Number (RIN) prices in exchange for an RVP waiver allowing year-round sale of E15 would be bad deal for rural America and the nation’s consumers, according to a new economic analysis released Tuesday. Such a tradeoff would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% …

usda

USDA Releases 2018 Planting Estimates

Dan Corn, Cotton, Field Crops, Industry News Release, Soybeans

While some planters are already working in Texas, the Corn Belt seems a long way away from planting because of snow and ice. However, the U.S. Department of Agriculture (USDA) is already thinking about planting. During the Agricultural Outlook Forum in Arlington, Virginia, the USDA released its acreage estimates for 2018. The USDA says corn and soybean acres will be …

mexico

Mexico Buying More Brazilian Corn as NAFTA Negotiations Continue

Dan Corn, Industry News Release, Trade

Mexico purchased ten times more corn from Brazil last year than it had previously. Reuters says that’s due to the uncertainty regarding the potential outcome of the North American Free Trade Agreement (NAFTA) negotiations. Mexican government data and top grain merchants all say they fear supply disruption from the U.S. if the White House ever followed through on its threat …

ncga

NCGA Responds to Cruz Speech on RFS

Dan Corn, Energy, Industry News Release

The following is a statement from North Dakota farmer Kevin Skunes, president of the National Corn Growers Association (NCGA), in response to Senator Cruz’s remarks during the Philadelphia refinery (PES) town hall. “While most refiners are reporting double digit profit increases, Philadelphia Energy Solutions has filed for bankruptcy protection because its investors put their interests ahead of their workers’ interests. …

wasde report

USDA February WASDE Report

Dan Corn, Industry News Release, Soybeans, Wheat

The latest monthly World Agriculture Supply and Demand Estimates (WASDE) report from the Department of Agriculture shows lower estimated soybean exports for the 2017-18 crop year. USDA lowered soybean exports by 60 million bushels to 2.1 billion bushels. The U.S. season-average soybean price range for 2017/18 is projected at $8.90 to $9.70 per bushel, unchanged from the previous report. USDA …