…2017. The degree of pessimism varies by location. Lenders in the South and West said a majority of their customers were profitable in 2016. Corn Belt lenders expect only 55…
China Approves More GMO Crops
…to expand access to biotech seeds as a part of Beijing’s 100-day trade talks with Washington. The Ministry approved Syngenta’s 5307 insecticide-resistant corn sold under the Agrisure Duricade brand. It…
Ag Groups, Perdue Applaud Censky Nomination
…described Censky as a Missourian since he has lived for many years in the suburbs of St. Louis where ASA is headquartered, but Censky grew up on a soybean, corn…
American Farm Bureau Lists Farm Bill Goals
…the ARC-CO program by 5 percent for corn, soybeans, wheat, sorghum and other minor crops. Support a cotton lint program and/or designating cotton seed as an “other oilseed” to make…
Farms and Ranches Need Tax Relief Now
…On his family farm in Volga, South Dakota, VanderWal has seen the price of corn go as high as $7.60 per bushel to as low as $2.80 per bushel in…
Chinese Fund Purchasing Dow Seed Business in Brazil
A Chinese investment fund has paid $1.1 billion to purchase Dow Chemical Company’s corn seed business in Brazil, a move Reuters calls a further sign of China’s fast-expanding role in…
NAFTA Boosted Canada’s Corn Syrup Consumption
…Canadian Medical Association Journal, found that as tariffs on high-fructose corn syrup dropped over a four-year period, consumption grew from 21.2 calories of corn syrup per day in 1994 to…
USDA Releases July WASDE, Crop Production Reports
…2017-18 corn production to an estimated 14.255 billion bushels and soybean production to 4.26 billion bushels. Corn production came in slightly above the highest pre-report estimates while soybean production came…
Veterinarians: Establish Offshore FMD Vaccine Bank
…producers weren’t able to combat the disease through vaccination. The corn and soybean industries would lose over a decade $44 billion and $25 billion, respectively; and economy-wide job losses would…
Mexico is No Longer Top Buyer for U.S. Corn
U.S. corn shipments to Mexico have slipped in recent months and Mexico in no longer the number one buyer of American corn. A Bloomberg article says it may be a…
Sugar Deal Sparks Twitter Debate
One of the less incendiary tweets sent out last week by President Trump had to do with the American sugar industry, making corn and sugar lobbyists happy. Trump tweeted, “New…
Farm Groups Give NAFTA Testimony to USTR
Farm groups including the National Corn Growers Association, the American Farm Bureau, and the U.S. Grains Council gave testimony Tuesday during hearings on the North American Free Trade Agreement. The…
Syngenta Ordered to Pay Farmers Over $200 Million
…action lawsuit was brought because of the Viptera line of corn seed Syngenta began selling to farmers in 2011. At the time, Syngenta hadn’t received Chinese approval of the trait…
U.S. Exports to Mexico Stumble
…percent, the biggest decline since 2003. Finally, U.S. corn exports to Mexico dropped six percent. Mexico is the largest export market for soybean meal, chicken, and corn for the United…