Senator Ted Cruz of Texas is proposing to cap the price of renewable fuel credits purchased by refiners at 10 cents, a mere fraction of the current market value. Prices…
FCA Reports on Agricultural Economic Conditions
…crop production levels are dragging down prices. That means increasing demand will be a key for the crop and protein sectors. The report also says changes to farm and trade…
Northey Nomination Still on Hold
…to reduce the price of biofuel credits but did not offer any “win-win” proposals to do so. Cruz is expected to propose a cap on RIN prices, but that’s an…
EU to Lists Objections to Bayer-Monsanto Deal
…Monsanto to make sure farmers still have choice and “affordable prices, both when it comes to seeds and pesticides.” A precise list of objections, however, should allow Bayer and Monsanto…
Wool Exports Increase 24 Percent
…steady world wool production also resulted in record wool prices as indicated by the Australian Eastern Market Indicator. In U.S. dollars, this represented a 30.7-percent increase year-on-year as of early…
Corn Market May Need Disruption
A banking official from Nebraska says the market may need “some disruption in production,” to reach higher prices for corn. Tom Jensen of First National Bank of Omaha told the…
Mend, Don’t End NAFTA
…“we emphasized that a U.S. withdrawal would disrupt critical industry supply chains, close markets, eliminate jobs, and increase prices of goods for American consumers.” From the National Association of Farm…
Global Food Prices Slightly Lower in November
…Cereal prices were unchanged for the month, but up eight percent since a year ago. The Vegetable Oil Price Index rose 1.2 percent in November, while sugar prices increased 4.5…
State Farm Bureau Study Estimates Cost of NAFTA Withdraw
…for individual agriculture commodities, demonstrating how NAFTA supports commodity prices, but also what the loss of NAFTA could mean. Nebraska Farm Bureau president Steve Nelson says the report shows withdrawing…
Expensive Christmas Trees
…it out to pick out your Christmas tree yet, you’ll be in for a bit of a shock. Sticker shock, that is. Prices for a fresh cut tree this year…
International Trade Commission Votes 4-0 in Support of the Biodiesel Industry
…Commerce Department and the ITC in March to address a flood of subsidized and dumped imports from Argentina and Indonesia that has resulted in market share losses and depressed prices…
Post-Harvest Slump in Ag Producer Sentiment
…about their expectations for farmland values. In November, a record low percentage (17 percent) of respondents indicated they expect farmland prices in their area to decline over the next 12…
U.S. Rice Production Down, Prices Up
Rice production in the United States is down 20 percent compared to last year, while futures prices for the commodity are up 30 percent from a year ago. Online source…
Turkey Prices Struggling at Thanksgiving
…been cutting prices, which is showing up in recent turkey sales. Things may be somewhat more optimistic for turkey prices in 2018. Shale Shagham is a USDA livestock analyst who…