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Brazil farmers facing a “perfect storm” of financial conditions

Brazil farmers facing a “perfect storm” of financial conditions

Brazil, the top global competitor to U.S. corn and soybeans, just wrapped up another huge harvest, but the next crop might have a less favorable fate. Dr. Michael Cordonnier, President of Soybean & Corn Advisor in Hinsdale, Illinois, describes a combination of unfavorable financial conditions for Brazilian farmers. Cordonnier believes that a potential delay in soybean planting due to dry weather could reduce the planting window for the second corn crop. This could affect Brazil’s corn...

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Corn growers press Congress for solutions

Corn growers press Congress for solutions

Corn growers from across the country are in Washington, D.C., this week for the National Corn Growers Association's Corn Congress and fly in, where they're meeting with members of Congress and administration officials to discuss the challenges facing agriculture and...

Examining the process of becoming Prop 12 compliant

Examining the process of becoming Prop 12 compliant

The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...

Corn and soybean inspections dropped last week

Corn and soybean inspections dropped last week

Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...

Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...

High input costs remain a top concern for U.S. producers

High input costs remain a top concern for U.S. producers

The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...

Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...

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Corn growers press Congress for solutions

Corn growers press Congress for solutions

Corn growers from across the country are in Washington, D.C., this week for the National Corn Growers Association's Corn Congress and fly in, where they're meeting with members of Congress and administration officials to discuss the challenges facing agriculture and...

Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...