Saturday, September 22, 2018

Crops

Soybean Prices Improve 15 Percent if Tariffs Resolved

If the U.S. can get its trade disputes resolved, one economist says soybean prices could jump as much as 15 percent higher. Farm Journal’s AgWeb.com quotes Jackson Takach of Farmer Mac as saying there’s...

China Cuts Soybean Import Forecast

China this week lowered its forecast for the 2018-2019 import season for soybeans due to the trade conflict between the U.S. and China. Farmers are reducing their use of soybeans in animal feed in...

WASDE Predicts Second-largest Corn Crop, Record Soybean Crop

The Latest World Agriculture Supply and Demand report predict the second-largest corn crop for the United States this year and a record soybean crop. Corn production is forecast at 14.82 billion bushels, up 241...

U.S. Wheat Restructuring Efforts Close Moscow Office

As part of restructuring overseas offices, U.S. Wheat Associates will close its office in Moscow, Russia, at the end of this month. The organization says the reorganization reflects an effort to refocus resources toward...

China Predicted to Cut U.S. Soybean Exports

China’s exports of U.S. soybeans are expected to plummet over the next marketing year, according to the latest forecast. A soybean crushing industry executive told Reuters this week that China will almost entirely replace...

Environmental Groups Urge EPA to Revoke Dicamba Approval

Environmental groups are using the courts to argue against renewing approval of dicamba. The groups are arguing that the Environmental Protection Agency failed to analyze the risks of now Bayer’s dicamba-based weed killer posed...

Trade Relief Package Favors Soybeans

The Department of Agriculture’s trade relief package is drawing criticisms that it favors soybean production over corn. Soybeans, no doubt a hotter commodity for China, which is targeting U.S. ag as part of the...

Brazil to Plant Record Soy Crop for 2018/19

The North American Meat Institute this week named Julie Anna Potts its next president and CEO effective September 24, 2018. Potts succeeds retiring President and CEO Barry Carpenter. Potts has served the American Farm...

Canada Expecting High-Volume Crop Season

Just as the United States is expected to harvest a bumper crop, according to the latest Department of Agriculture numbers, Canada is expecting a high-volume harvest as well. CNS Canada reports Canadian grain companies...

Survey: Commodity Prices Impacting Ag Retailers

A recent survey shows agriculture retailers are feeling the burden of fluctuating commodity prices. Low commodity prices and a volatile market stemming from trade concerns are on the minds of retailers, according to the...

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