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Conservation efforts having a real impact on emissions
The EPA recently released the Inventory of U.S. Greenhouse Gas Emissions and Sinks: 1990-2022, which shows that the ag industry decreased its greenhouse gas emissions in 2022. American Farm Bureau Federation Economist Danny Munch explains the results. The EPA categorizes agricultural emissions by crop cultivation, livestock and fuel combustion that occurs in the industry. Munch says 2022 marks the lowest U.S. agricultural greenhouse gas emissions since 2012. Munch added that the data also...
How El Niño and La Niña patterns will affect the growing season
Farmers Business Network recently released a report detailing how El Niño will impact U.S. farmers this year. This growing season farmers are set to face a unique combination of El Niño in the spring and early summer and then a transition to La Niña conditions in the...
End of July Cattle Report will hurt beef industry
The USDA National Agricultural Statistics Service (NASS) recently announced it will no longer issue the July Cattle Report. Additionally, the agency is discontinuing the county estimates for crops and livestock and the Cotton Objective Yield Survey starting in the...
U.S. ethanol industry comments on Brazilian ethanol tariffs
The U.S. Grains Council, Growth Energy, and the Renewable Fuels Association jointly submitted comments to the Brazilian Chamber of Foreign Trade regarding the Brazilian tariff on imported U.S. ethanol. In October 2023, Brazil’s association of fuel importers formally...
Pork producers cautious but optimistic
The pork industry has been dealing with a lot of headwinds as we end the first third of 2024. While prices are going a little higher, consistency has been an issue. Markets have seen many radical shifts, many of which have not been good. However, uncertainty has not...
April WASDE sees little change to South American crops
The April WASDE report came and went with little to remark. This was largely anticipated, though, and the markets are ready to focus back on planting and the weather. Allendale commodity broker Greg McBride said the corn numbers were on the low side of expectations....
AFBF doubles top prize for Ag Innovation Challenge
The American Farm Bureau Federation, in partnership with Farm Credit, is doubling the top prize at this year’s Ag Innovation Challenge. Now, the winner will take home $100,000 for their business. Chase Heineman, director of industry affairs for AFBF, talks about the...
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Expanded soybean processing capacity bringing added value to growers
The number of soybeans that can be processed to feed the growing biofuels market is ever increasing thanks to expanded infrastructure that is in place or being built in the next few years. That is Grant Kimberley, the senior director of market development with the...
U.S. Export Sales Report (4-12-24)
On top of the disappointing WASDE report, export sales were not great this week. Allendale commodity broker Greg McBride started off his analysis with the corn numbers. While this is the first disappointment we’ve seen in the corn exports in a while, McBride said this...
How El Niño and La Niña patterns will affect the growing season
Farmers Business Network recently released a report detailing how El Niño will impact U.S. farmers this year. This growing season farmers are set to face a unique combination of El Niño in the spring and early summer and then a transition to La Niña conditions in the...
End of July Cattle Report will hurt beef industry
The USDA National Agricultural Statistics Service (NASS) recently announced it will no longer issue the July Cattle Report. Additionally, the agency is discontinuing the county estimates for crops and livestock and the Cotton Objective Yield Survey starting in the...
U.S. ethanol industry comments on Brazilian ethanol tariffs
The U.S. Grains Council, Growth Energy, and the Renewable Fuels Association jointly submitted comments to the Brazilian Chamber of Foreign Trade regarding the Brazilian tariff on imported U.S. ethanol. In October 2023, Brazil’s association of fuel importers formally...