…at $3,124 per ton. The most widely traded product, whole milk powder, saw the largest gain in prices at an increase of 4.2 percent. Skim milk powder prices also rose…
Orange Juice Stuck in a Rut
…supplier, and investor interest has also shrunk because fewer people want to use futures to hedge risk. Prices have slumped approximately 17 percent in December. The liquidity drain out of…
Purdue Releases 2018 Ag Economic Sector Forecasts
…meaning a possible return to more profitable prices in the next three years. Dr. Hurt says, even with more soybean acres next year, futures markets are suggesting a 2018 price…
Farmland Values Still High Despite Low Commodity Prices
Industry experts are scratching their heads over the relatively high price of farmland while commodity prices are still low. The two factors often have a strong correlation between each other….
Cruz Proposal Could Harm Renewable Fuels
…Illinois also says the cap would likely violate the U.S. Environmental Protection Agency’s RFS Waiver Authority as well. Farmdoc says any biodiesel price below $2.64 a gallon would lead to…
FSA – A Vital Source of Assistance to America’s Farmers and Ranchers
…producers across America. “We’ve seen recent challenges in farm income and commodity prices,” said Dr. Robert Johansson, Acting Deputy Under Secretary for the Farm Production and Conservation mission area. “The…
Cruz Proposes Renewable Fuel Credit Cap
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…
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…
Register for Inaugural California Coffee Summit
…only been done in Hawaii, but California farmers have recently begun to take interest planting coffee and producing beans at a premium price point. Those interested in growing, processing or…
Lighthizer defends U.S. Ag in WTO Meeting
…a proposed permanent exemption for market price supports for certain major ag producers. India and other countries have tried to create an ongoing loophole for certain types of price support…
Conaway Ready For Farm Bill Work
…“I don’t anticipate significant changes to Title 1, but there will be changes in the Agriculture Risk Coverage and the Price Loss Coverage programs,” he said. “We want cotton growers…
Monsanto Offering Incentive for XtendiMax with VaporGrip Herbicide
Monsanto is offering an incentive for U.S. farmers who buy a dicamba-based herbicide. The incentive to use XtendiMax with VaporGrip could refund farmers over half the sticker price of the…
USDA Predicts Less Corn in Storage in Latest WASDE
…bushels. That prediction comes as USDA previously projected soybean planted acres to reach a record 91 million acres in 2018. USDA left the season average price for corn unchanged from…
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…