News Archive
Markets updated at 8 a.m., 11 a.m. & 2 p.m.
Rusty Halvorson updates the markets, current as of 1/17/2020 at 2 p.m.
Grains:
The grains rallied on Friday. After reading the fine print of the phase...
Ag’s Safety Net
As I watched the long awaited signing of the Phase 1 US/China trade deal in the East Room of the White House, my mind...
Senate Passes USMCA
The Senate Thursday passed the U.S.-Mexico-Canada Agreement, sending it to President Donald Trump’s desk. The Senate vote, 89-10, moves the agreement ahead of the...
Agriculture Reacts to USMCA Senate Passage
Agriculture organizations offered applause to lawmakers in the Senate who overwhelming supported approval of the U.S.-Mexico-Canada Agreement Thursday. National Corn Growers Association President Kevin...
Secretary Perdue Statement on Senate Passage of USMCA
Agriculture Secretary Sonny Perdue says of the U.S.-Mexico-Canada Agreement, farmers "are eager to see the President sign this legislation and begin reaping the benefits."...
USDA Reminds Producers to Pay Their Crop Insurance Premiums by January 31
The Department of Agriculture’s Risk Management Agency is reminding producers that their crop insurance premiums for the 2019 crop year are due January 31....
USDA Seeks Input on New Ethanol Sales Infrastructure Incentive Program
The Department of Agriculture announced Thursday it is seeking public input to help with the creation of the Higher Blends Infrastructure Incentive Program. The...
Mexico Strikes Down Nationwide E10
Mexico's Supreme Court this week ruled against a federal policy that would allow for higher ethanol blends nationwide. Mexico's Energy Commission sought a rule...
Senate Passes USMCA; Perdue, Ag Groups Respond
U.S. Secretary of Agriculture Sonny Perdue issued the following statement after the Senate passed the U.S.-Mexico-Canada Agreement (USMCA) by a bipartisan vote of 89...
Trump Signs Phase One Agreement with China
President Donald Trump signed a trade agreement with China Wednesday. The phase one deal, according to the Trump administration, is worth an extra $40-50...
USTR offers China Agreement Details
Documents released by the U.S. Trade Representative’s Office offers details into the agriculture provisions in the U.S.-China phase one trade agreement. USTR Robert Lighthizer...
Peterson, Costa, Cautiously Optimistic about Phase One China Deal
House Agriculture Committee Chairman Collin Peterson of Minnesota and Livestock and Foreign Agriculture Subcommittee Chairman Jim Costa of California say are the optimistic but...
Farm Groups Welcome Phase One Agreement
Agriculture groups welcome the new trade agreement with China. The U.S. Grains Council says the agreement should reduce continued market uncertainty and incentivize China...
USMCA Senate Vote Thursday
The Senate is hopeful to vote on the U.S.-Mexico-Canada Agreement Thursday morning. After quickly advancing the agreement through required committee approvals, the Senate will...
FSA Encourages Farmers to Enroll in ARC, PLC, Now
USDA’s Farm Service Agency encourages producers to enroll now in the Agriculture Risk Loss (ARC) and Price Loss Coverage (PLC) programs. March 15, 2020...
Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture
U.S. Secretary Perdue issued the following statement after President Donald J. Trump signed the historic Phase One Trade Agreement between the United States and...
Trade Group Seeks Accountability and Transparency
A trade lobby group seeks accountability and transparency from the phase one agreement between the U.S. and China. Farmers for Free Trade seeks further...
Illinois Leads Nation in Soybean Production Again
Illinois continues to top the annual crop production report estimate for soybean production, according to 2019 Department of Agriculture estimates. Despite a tough growing...
GMA Rebrands as Consumer Brands Association
The Grocery Manufacturers Association is now the Consumer Brands Association, as part of a rebranding effort. Geoff Freeman, president and CEO of the association,...
USDA Reminds Historically Underserved Producers of Advance Payment Option
USDA’s Natural Resources Conservation Service (NRCS) reminds historically underserved producers, who are participating in the Environmental Quality Incentives Program (EQIP), of the advance payment...
Statement on Need for Accountability and Transparency on Phase One Deal
Farmers for Free Trade Co-Executive Director Brian Kuehl today released the following statement on the need for accountability and transparency on the Phase One...
USMCA Likely on Hold for Impeachment Hearings
Impeachment hearings are expected to now delay Senate consideration of the U.S.-Mexico-Canada Agreement. The House of Representatives will vote this week to send the...
U.S.-China Agreement Concerns Remain
President Donald Trump and Vice Premier Liu He will sign the phase one trade agreement Wednesday morning at the White House, with roughly 200...
GAO to Audit SRE’s Following Request
The Government Accountability Office will review the Trump Administration’s biofuel small refinery exemptions, following a request from lawmakers. Representative Abby Finkenauer, a Democrat from...
AEM Reports 2019 Full-year Tractor, Combine Sales
Farmers bought more tractors last year compared to 2018, but combine sales remained flat. A new report for the Association of Equipment Manufacturers says...
Trump to Attend AFBF Convention
President Donald Trump will again join the American Farm Bureau Federation for its annual convention. The 101st AFBF Annual Convention and Trade Show runs...
Beef Quality Assurance Program Continues Growth
The Beef Quality Assurance program continues to grow significantly, according to the National Cattlemen’s Beef Association. NCBA reports there are now more than 100,000...
China Confirms January 15th Signing Day for “Phase One”
Wednesday is an important day for the trade dispute that’s dragged on between China and the United States. The South China Morning Post confirms...
House Bill Introduced to Oversee USDA Checkoffs
Nevada Democrat Dina Titus introduced legislation titled “The Opportunities for Fairness in Farming Act” (OFF) into the House of Representatives. The Hagstrom Report says...
Hopes for Jump in U.S. Farm Exports Dim Ahead of Signing
Days ahead of the Phase One trade deal signing between the U.S. and China, hopes appear to have dimmed somewhat for a spike this...
Bad News for U.S. Beef/Chicken in Potential U.S.-U.K. Trade Deal
The U.S. beef and poultry industries got some bad news through a recent article on BBC Dot Com. Chlorine-washed chicken and hormone-treated beef will...
ADM Appears Close to Leaving Biofuels Business for Good
The Archer-Daniels-Midland Company is a giant agribusiness in the U.S. biofuels industry. However, that could be changing. Bloomberg says the company is in advanced...
Corn and Soybean Harvest Results Higher Than Expected in January WASDE Report
The January Word Ag Supply and Demand Estimate numbers show that the final 2019 corn yield came in at an average of 168 bushels...
Plant attacks
Pork plants are not new. Processing plants that is. Plant based pork products are new and evidently are headed to the market place. Impossible...
Senate Committees Plan USMCA Approvals
The Senate committees tasked with markup and approval of the U.S.-Mexico-Canada Agreement are planning to do so quickly. The agreement must be approved through...
China Announces Ethanol Mandate Rollback
China this week announced a suspension of its ethanol mandate, signally a further reduction of imports from the United States. The E10 target was...
Trump Announces National Environmental Policy Act Changes
President Donald Trump Thursday announced new proposed regulations to implement the National Environmental Policy Act. Trump says the announcement is part of his effort...
USDA, FDA, EPA Launch Website for Biotechnology Regulation
A joint-agency venture launched the Unified Website for Biotechnology Regulation Thursday. The Department of Agriculture, Food and Drug Administration and Environmental Protection Agency announced...
FCC Proposing $20.4 billion for Rural Broadband
Federal Communications Commission Chairman Ajit Pai this week presented his colleagues with final rules to launch the new $20.4 billion Rural Digital Opportunity Fund....
Senate Finance Committee Advances USMCA
The Senate Finance Committee Tuesday approved the U.S.-Mexico-Canada Agreement on a 25-3 vote, setting the agreement up for a potential quick passage. Chairman Chuck...
Farm Groups Applaud USMCA Action
Agriculture groups welcome action in the Senate to advance the U.S.-Mexico-Canada Agreement. Passed by the Senate Finance Committee Tuesday, American Farm Bureau Federation President...
Purdue/CME Group Ag Economy Barometer December
The December Purdue/CME Group Ag Economy Barometer suggests farmers are optimistic about the future, despite a weakened perception of current conditions. The survey dropped...
Loeffler Joins Senate Ag Committee
Newly appointed Senator Kelly Loeffler, a Republican from Georgia, is replacing Georgia Republican David Perdue on the Senate Agriculture Committee. Loeffler was appointed to...
NPPC: Impossible Pork is Impossible
The National Pork Producers Council Tuesday called Impossible Foods' naming convention for its plant-based products designed to mimic real pork a brazen violation of...
36th ASA Young Leader Class Kicks Off in Indianapolis
The 36th class of American Soybean Association Corteva Agriscience Young Leaders recently began its journey at the Corteva Agriscience Global Business Center in Indianapolis,...
NPPC Applauds Senate Committee Approval of USMCA
Today, the U.S. Senate Finance Committee approved the U.S.-Mexico-Canada (USMCA) trade agreement, which once implemented will provide much-needed certainty to the agriculture industry. One...
Weather Conditions a Mixed Bag
It was a mixed bag for future trade on Monday- that mixed bag is carrying over to weather in the midwest as we start...
Senate to Continue Ordinary Business During Impeachment Hearings Delay
Senate Majority Leader Mitch McConnell signaled an opportunity to quickly consider the U.S.-Mexico-Canada Agreement. In a speech on the Senate floor Friday, McConnell says...
R-CALF: Cattle Importers Control U.S. Policy
The Department of Agriculture last week issued a proposed rule to reapportion the Beef Checkoff Program’s Cattlemen’s Beef Board. R-CALF says the proposed rule...
Bunge Sells Share of U.S. Ethanol Plant
Bunge last week announced the sale of its share of an ethanol production facility. Southwest Iowa Renewable Energy, or SIRE, repurchased Bunge’s membership units...
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