…expectations from market analyst, according to DTN. USDA reports old-crop soybean ending stocks at 301 million bushels and wheat ending stocks at 2.2 billion bushels. The numbers are estimates by…
Senate Ag Sets Northey, Ibach Confirmation Hearing
…the American Soybean Association CEO tapped to be deputy secretary and Indiana Agriculture Director Ted McKinney, nominated to be the first USDA undersecretary for trade and foreign agricultural affairs. From…
FMD Language Included in Defense Authorization Act
…without better preparation, Iowa State University economists estimate that an FMD outbreak would cost the beef, pork, corn and soybean industries alone $200 billion over ten years. The Senate passed…
NAFTA Talks Head to Canada Next Week
…markets for U.S. agricultural products, as well. Corn exports to Mexico alone are worth an estimated $2.6 billion, while soybean exports to Mexico from the U.S. are worth an estimated…
Lighthizer Presses Taiwan on Ag Trade Barriers
…soybeans, cotton, soybean meal, wheat and dried distillers grains. Lighthizer also highlighted the need for progress on customs, goods, worker rights, and other issues discussed during the Trade and Investment…
European Court Rules Against GMO Ban
…risk. American Soybean Association President Ron Moore said the ruling is a comforting one from a scientific standpoint. “The Court’s decision reverses what the EU calls the ‘precautionary principle,’ their…
Censky, McKinney, Nomination Hearing Scheduled
…hold the hearing for Ted McKinney and Stephen Censky Tuesday, September 19th. Censky, CEO of the American Soybean Association, was nominated by President Trump to serve as Deputy Secretary of…
Most U.S. Farmers Will Feel Impact from Hurricane Harvey
…where the majority of corn and soybeans destined for other nations leave the United States. Texas produces high volumes of cotton, wheat, rice, and soy and is a large exporter…
Goodyear Using Soybean Oil-Based Rubber in Tires
…group of farmer-directors who oversee the investments of a checkoff program on behalf of all U.S. soybean farmers. The USB provided some funding support for the development of Goodyear’s soybean…
Harvey Forces Shutdown of Texas Ports, Threatens Others
…soybeans comes from Harvey’s potential impact in Louisiana and the Gulf of Mexico. About 60 percent of American soybean exports depart from the region, as do 59 percent of corn…
Farm Machinery Stocks Drop After USDA Reports
…All crop yields except corn have collectively increased since 2016, according to the USDA report Thursday. While corn production dropped seven percent from 2016, soybean production rose two percent, cotton…
August USDA WASDE Report Released
…mainly due to higher soybean production. Soybean production is forecast at 4,381 million bushels, up 121 million on higher yields. Harvested area is forecast at 88.7 million acres, unchanged from…
USDA Reports Preview
…the Informa Economic’s estimate of 166. Gulke also doesn’t expect the soybean yield estimates to come in lower than expectations, saying, “I’d be surprised if USDA lowered the soybean yield…
Monsanto Addresses Dicamba Issues in Open Letter
…tremendous success” with the crop system, but adds that they are hearing the reports of leaf cupping in nearby soybean fields, which could be attributable to dicamba. The company says…