…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…
Ag Groups React to RFS Volumes for 2018
Some advanced biofuels were cut when the Environmental Protection Agency released its proposed renewable fuels volumes for 2018. The American Soybean Association wasn’t pleased with the lack of growth proposed…
U.S. Exports to Mexico Stumble
…2017. The Wall Street Journal reports that Mexican imports of U.S. soybean meal dropped 15 percent, the first decline in four years. Meanwhile, chicken exports to Mexico were down 11…
China Trade Agreement Includes Biotech Approvals
…announcement, China this week approved the import of Dow Enlist corn and Monsanto’s soybean variety, Vistive Gold. The approval stems from China agreeing to speed reviews of biotech products as…
USDA Releases Latest WASDE Report
…for soybeans. USDA increased soybean ending stocks for new crop soybeans to 495 million bushels, up from 480 million last month, and left new-crop corn ending stocks unchanged at 2.1…
Trump Waterways Commitment Needs Funding
…Sonny Perdue and Interior Secretary Ryan Zinke earlier this week. The American Soybean Association says President Trump’s remarks highlighted the importance of the waterways and the need for infrastructure upgrades,…
Pork Checkoff Builds Momentum for Secure Pork Supply Plan
…industries from an FMD outbreak would run $12.8 billion per year or $128 billion over a 10-year period. Related losses to corn and soybean markets over a decade would be…
USDA Political Appointment Nominees Expected Soon
…CEO of the American Soybean Association, will be nominated as USDA undersecretary. Other names floated for USDA posts include Iowa Agriculture Secretary Bill Northey, Indiana Agriculture Department Director Ted McKinney,…
Cargill: Grain Glut to Last
…of crops in storage. Global corn, wheat and soybean inventories have increased over the last four years in the longest stretch of gains since the late 1990s, according to the…
USDA Political Appointment Nominees Coming Soon
…CEO of the American Soybean Association, is expected to be nominated for the USDA deputy secretary position. Current Iowa Agriculture Secretary Bill Northey is expected to receive the nominee for…
May WASDE Report Mostly Neutral
…year. The monthly report is also projecting a U.S. soybean crop of 4.25 billion bushels, down from the 4.3-billion-bushel crop last year. USDA projects ending stocks for new crop corn…
Changes Needed in Farm Bill Safety Net Outlined at Senate Hearing
…farmers insure against either low milk prices or high feed costs, but the way the program calculates the relative value of feeds such as corn, soybean meal and hay was…
Ag Producer Sentiment Inches Higher in April
…on expectations for November 2017 soybean futures prices 1) exceeding $10.50 per bushel and 2) falling below $9 per bushel between the survey date and fall. The change in soybean…