The May World Agricultural Supply and Demand Estimates from the Department of Agriculture projects smaller corn and soybean crops this year. The corn crop is projected at 14.0 billion bushels,…
China Trade Discussion Continues Next Week
…including a 25 percent soybean tariff. Meanwhile, the Trump trade team is currently working on the North American Free Trade Agreement with counterparts from Canada and Mexico, hoping to reach…
Purdue/CME Group Ag Economy Barometer Slips in April Report
…Soybean prices are particularly vulnerable to disruptions in trade with China, as China’s share of U.S. soybean exports is approximately 30 percent. The monthly index surveys 400 producers from across…
Farm Credit Administration Releases Quarterly Report
…animal receipts down from last year. The report says profit margins for corn and soybean producers are expected to be at or just above breakeven, with prices remaining near current…
Groups React to Farm Bill Proposal
…would cost the beef and pork industries a combined $128 billion over 10 years if livestock producers weren’t able to combat the disease through vaccination. The corn and soybean industries…
Market Experts: Keep China Tariff in Perspective
…rolled out a tariff proposal against China. While the proposal from China includes a 25 percent tariff on soybeans, market experts say it’s important to keep the soybean market in…
Farmers for Free Trade Continues Ad Campaign Aimed at President Trump
…critical ag exports. The new spot features Indiana corn and soybean grower Brent Bible, whose soy operation relies on exports to China, as do many more across the country. “I’m…
China Retaliations to Harm U.S. Ag
Agriculture groups say trade retaliations from China will “costs farmers their livelihoods.” China announced retaliation efforts to the Trump administration’s tariffs on steel and aluminum. The American Soybean Association says…
Appropriations Bill Agreed Upon by Congress, Contains Section 199A “Fix”
…especially with the recent rally in corn and soybean prices. Ag Secretary Sonny Perdue says the spending plan contains a number of USDA priorities. “Fixing the so-called ‘grain glitch’ problem…
Commodity Classic Attendance Tops 8,000
…Commodity Classic is presented by the American Soybean Association, National Corn Growers Association, National Association of Wheat Growers, National Sorghum Producers and the Association of Equipment Manufacturers. The 2019 Commodity…
Business, Farm, Union Groups React to Trump’s Tariffs
…that these tariffs will cause retaliation “that comes straight out of the pockets of American farmers.” American Soybean Association President John Heisdorffer says, “These tariffs are a disastrous course of…
Cap on Conventional Ethanol RINs Will Reduce Biodiesel Market
…$.16 less per bushel for soybeans. The analysis utilized WAEES’s partial equilibrium model, which can be broken down into crops, livestock and biofuels components encompassing feed grains, food grains, cotton,…
USDA Report Indicates Increased Corn Demand
…corn was increased five cents a bushel in the report to $3.35 a bushel. Meanwhile, the report shows a lower forecast for soybean exports, down 25 million bushels this month…
Coalition Formed to Fight Steel, Aluminum Tariffs
…for Competitive Steel and Aluminum Trade this week. The coalition includes industrial and agriculture groups, such as the National Pork Producers Council, The American Soybean Association and U.S. Wheat Associates….