Brazil Now the World’s Biggest Corn Exporter
For more than 50 years, U.S. farmers were dominant in the international corn market, far and away shipping more corn than anyone else to help feed the world’s stockpiles and manufacture food. A Bloomberg article says that’s
U.S. and Canadian Cattle Herds Drop Three Percent
Downsizing in the U.S. and Canadian cattle herds continued through the first half of 2023. All cattle and calves in the U.S. and Canada combined to total 108 million head on July 1, 2023, down three percent
Drought, Record Heat Threaten U.S. Soybean Crop at Critical Growing Stage
DENVER (August 31, 2023)—Prolonged drought and record heat are threatening soybean yields in several key growing states across the Midwest. With most of the soybean crop still in the critical pod-setting phase that depends on moisture in
EPA is Right to Deny Refinery Exemptions
Growth Energy, the nation’s largest biofuels trade association, filed briefs to intervene in three cases this week to support the Environmental Protection Agency. More specifically, Growth Energy supports the agency’s decisions to deny small-refinery exemptions for refiners
World’s Rice Supplies Get Tighter
Rice prices are climbing around the world as supplies get tighter. Key exporting countries like Thailand and Vietnam have seen rice prices climb as much as 20 percent since India banned shipments of a key rice variety
Ethanol Production Hits Three-Month Low
The Energy Information Administration says ethanol output dropped to a three-month low while inventories hit the lowest point since November. Ethanol production dropped to an average of 1.007 million barrels a day during the week ending on
USDA Funding Will Help Farmers Lower Energy Costs
Ag Secretary Tom Vilsack says his agency is awarding $266 million in loans and grants to agriculture producers and rural small businesses. The funds will be for making investments in renewable energy and energy efficiency improvements that
Farm Futures Releases 2024 Planting Estimates
Farmers are gearing up for the 2023 harvest season with an eye already on next year’s crop. A Farm Futures August survey finds growers are expecting to plant 93.1 million acres of corn in 2024, down one
U.S. Ag Groups React Negatively to WOTUS Changes
U.S. ag groups and elected officials all expressed disappointment with the revised Waters of the U.S. rule issued this week by the Environmental Protection Agency. “The agency failed to open the process to public comment, which would
Grassley Blasts EPA WOTUS Final Rule, Calls for Legislative Fix
Senator Chuck Grassley (R-IA) says it’s time to end the WOTUS back and forth between the courts and the EPA and pass a legislative ‘fix’. Grassley says, “These EPA bureaucrats will never give up on this issue