Oil-state Republican legislators met with President Trump on Thursday to discuss the Renewable Fuels Standard. They left with a directive from the president to figure out a compromise that would work out for both the oil and renewable fuels industries. Politico says Oklahoma Senator Jim Inhofe was one of the lawmakers who met with Trump. “The president wants us to …
Corn Industry Meet with Mexico Regarding Trade
Corn industry leaders visited Mexico last week to reinsure the importance of trade. The National Corn Growers and the U.S. Grains Council hosted the joint mission, which also included a group of leaders visiting South Korea. NCGA President Kevin Skunes was part of the group that traveled to Mexico. Trip The group met with agriculture officials, grain association representatives and …
China Needs More Corn to Meet Fuel Mandate
To meet a fuel blend requirement, China must import more corn, according to industry analysts. A Stewart Peterson advisor tells Farm Journal’s AgDay that China will need to import “an additional billion bushels of corn a year” to meet the mandate. Earlier this year, China announced the nation would require ethanol blends in all fuel by 2020. Demand is growing …
Soybeans to Overtake Corn in 2019
The U.S. Department of Agriculture released a preview of its long-term planting projections Tuesday. The USDA considers a lot of factors when making the projections, including macroeconomic conditions, GDP growth, and farm policy. An important projection from the early release is the overall number of planted acres. Total planted acres for the eight principal crops and land in the Conservation …
DuPont Pioneer Providing Industry Leading Corn Genetics
DuPont Pioneer provides industry-leading genetics and trait packages for corn to help growers improve on-farm profitability. Pioneer Category Lead for Corn, Ryan Myers, invites growers to learn more about how Pioneer brand products are performing in your area. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmers Need Trade to Move Record Corn Crop
It’s no secret that American farmers produced another record corn crop, which means overseas market access will be a big key to limiting losses due to depressed corn prices. The Illinois Corn Growers Association says this is what farmers pencil out on paper to demonstrate why market access is so important to corn farmer profitability. “It looks like our ‘what …
Grain Traders Getting Squeezed by Oversupply
Over the past few years, farmers have cut their spending due to low commodity prices caused, in part, by a global glut of commodities. A Dow Jones report indicates that it’s now commodity traders’ turn to make significant adjustments. Major players in the global grain trade, such as Archer Daniels Midland and Bunge, Ltd., are reducing expenditures by hundreds of …
More Money Raising Soybeans
For four years in a row crop farmers in Illinois, other parts of the nation too, have made more money on soybeans than corn. The numbers are pretty clear and University of Illinois Agricultural Economist Gary Schnitkey lays them out in an online farmdocDaily article. He says, on average, soybeans have been more profitable than corn since 2013. And farmers have responded …
Southern Region October Crop Production
The Southern Region October Crop Production has Corn production in the United States is forecast at 14.3 billion bushels, down 6 percent from last year. Based on conditions as of October 1, yields are expected to average 171.8 bushels per acre. Soybean production is forecast at a record high 4.43 billion bushels, up 3 percent from last year. All cotton …
Agri View: 2017 Crop Harvest
Everett Griner talks about the different crops and the 2017 crop harvest in today’s Agri View. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024