usda

Marketing Assistance Loan Deadlines Approaching

Dan Cattle, Corn, Economy, Industry News Release, Livestock, Soybeans, Wheat

May 31 Deadline for Feed Grains, Upland Cotton, Soybeans and Minor Oilseeds U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Administrator Richard Fordyce reminds producers of the May 31 deadline to apply for crop year 2018 marketing assistance loans for feed grains, upland cotton, soybeans and minor oilseeds. “These commodity loans provide short-term financing, allowing producers to meet interim …

grain

Grain Industry Seeks to Modernize Global Ag Commodity Trade

Dan Corn, Industry News Release, Trade, Wheat

The world’s largest grain processors are jointly seeking to standardize and digitize global agriculture shipping transactions. Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus announced the collaboration this week in an effort to benefit the entire industry and seek broad-based industry participation to promote global access and adoption. Initially, the companies are focused on technologies to automate grain and oilseed …

prices

U.S. Crop Prices Forecast to Remain Stable

Dan Field Crops, Industry News Release, Wheat

U.S. grain prices and demand for grain products will likely not change much, if at all. That forecast comes from Dr. Keith Coble, the Agricultural and Economics Department head at Mississippi State University. He spoke to attendees of the American Farm Bureau national convention during a workshop on global crop trends and the U.S. farm policy forecast for the year …

usda corn

Corn and Soybean Stocks Explored

Dan Corn, Industry News Release, Soybeans

Last week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. USDA’s quarterly grain stocks estimate suggests there are fewer bushels of corn and soybeans left over from last year than have been reported so far. University of Illinois Commodity Grain Markets Specialist Todd Hubbs says corn is off by 56 million bushels and …

Free Trade, Relationships Key To Market Competitiveness In South Korea

Dan Industry News Release, Trade

Recent events in foreign policy and the ongoing conversation about the value of U.S. trade agreements have put a spotlight on South Korea as a close U.S. ally and an important customer for U.S. products, including grains. South Korea is now the fifth largest market for U.S. agricultural exports, totaling $6.2 billion in purchases in 2016. The country was the …