crude oil

Chinese Ambassador on Possible Soybean Trade Sanctions

Dan Exports/Imports, Industry News Release, Soybeans, Trade

As the world’s two largest economies appear to be moving closer to a possible trade war, U.S. Ambassador Terry Branstad is warning China about the consequences of trade sanctions on U.S. soybeans. Branstad told Bloomberg Television that any attempts to cut down on U.S. soybean imports would hurt Chinese consumers more than it would American farmers. The crop provides a …

West Coast ports

Soy Growers Worried About Possible Trade Disruptions at U.S. Ports

Dan Exports/Imports, Industry News Release, Soybeans, Trade

The American Soybean Association and its grower-members are urging labor union and port management representatives to get back to the negotiating table and resume bargaining talks. The ASA is concerned about possible trade disruptions at East Coast and Gulf of Mexico ports, which would negatively impact agricultural and food product exports to key markets. The ASA joined several industry stakeholders …

ethanol

Cap on Conventional Ethanol RINs Will Reduce Biodiesel Market

Dan Energy, Industry News Release

A new analysis by the National Biodiesel Board (NBB) and the World Agricultural Economic and Environmental Services (WAEES) found that capping the price of conventional biofuels’ Renewable Identification Numbers (RINs) will significantly harm the production of biodiesel and related industries. Although some believe that limiting the price of RINs for the conventional biofuels market won’t harm biomass-based diesel volumes, the …

grain traders

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 …

grain trade

USDA Announces Program to Secure China Soybean Market

Dan Industry News Release, Soybeans

The U.S. Department of Agriculture (USDA) is busy preparing what it calls a “major initiative” regarding American shipments of soybeans to China. The USDA will ask soybean farmers to adopt new farming practices to minimize the amount of foreign material that gets harvested with their crops and can end up in exports to China. A program like this will depend …

Crop Planting Report

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 …

feral hog

Agri View: Feral Hog Problem Over?

Dan Agri View

Everett Griner talks about what is being considered as the last measure to solve the Feral Hog problem in today’s Agri View. Feral Hog Problem Over? Well, the feral hog problem is over. Wouldn’t that be a marvelous headline across the country? But it isn’t. In fact, it gets worse. It is so bad until those trying to stop it …