…now to the fifth largest in 2019. With plummeting Chinese demand for U.S. soybeans tagged with a 25 percent tariff, USDA in August projected the average soybean price would range…
WASDE Predicts Second-largest Corn Crop, Record Soybean Crop
The Latest World Agriculture Supply and Demand report predicts the second-largest corn crop for the United States this year and a record soybean crop. Corn production is forecast at 14.82…
USDA Says Meat and Animal Product Exports up in 2018
…meats. Strong global demand, particularly from Asian markets, pushed beef and veal exports up 15 percent. First-half 2018 pork exports, more than six percent above a year ago, were driven…
Refiner Waivers Could Cost Ethanol Industry $20 Billion
New research estimates the U.S. ethanol industry could lose 4.6 billion gallons of domestic demand and $20 billion in sales from the administration’s approach to the Renewable Fuel Standard. Economists…
Farm, Ethanol Groups Urge President to Restore Integrity to RFS, Allow Year-Round E15 Sales
…EPA have reduced ethanol demand and inflated stocks. “The situation is even more dire in the grain markets, where prices received by farmers are sagging below the cost of production….
OTA Wants Voluntary Checkoff Program
…place by stakeholders across the organic supply chain. Laura Batcha is CEO of the Organic Trade Association. She says the group recognizes the industry’s demand for coordinated organic research and…
University Analysis: EPA’s Refiner Waivers Could Cost Ethanol Industry $20 Billion in Losses
…demand and nearly $20 billion in sales revenue over the next six years if the Environmental Protection Agency (EPA) continues its current practice of exempting dozens of small refiners from…
USDA Announces No Actions Under Feedstock Flexibility Program
…Farm Bill as an option to avoid sugar forfeitures. USDA’s August 10, 2018, World Agricultural Supply and Demand Estimates report (www.usda.gov/oce/commodity/wasde) projects that fiscal year 2018 U.S. ending sugar stocks…
Latest Climate Change Assessment Illustrates Farming Challenges of the Future
…production. The information most relevant for farming is the predicted increase in drought periods, more frequent extreme heat events and an increased demand for energy if greenhouse gas emissions continue…
Beef and Pork Export Values Expected to Soften in 2019
…despite volume growth. USDA says the lower values are expected due to weaker demand and the pressures from retaliatory tariffs. However, poultry exports are expected to be slightly higher next…
NCGA: USDA Trade Aid Won’t Make Up for Lost Markets
…for the Administration to rescind tariffs, secure trade agreements and allow for year-round sales of higher blends of ethanol; “no-cost actions that would allow for the marketplace to drive demand.”…
USDA Payments Expected After Labor Day
The Department of Agriculture (USDA) expects to send payments to farmers after the Labor Day holiday as part of a trade relief package. The $12 billion package is intended for…
Growth Energy Comments on Proposed 2019 RVO Targets
…That would help boost domestic market demand for ethanol and help lower fuel prices for consumers. Growth Energy CEO Emily Skor says the targets appear to be a strong proposal…
USDA Announces Section 32 Beef, Chicken Purchases
…purchases will “help in balancing the supply and demand situation in the market.” The section 32 purchases are intended to encourage continued domestic consumption of the products by diverting them…