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FTC chairman Andrew Ferguson announced a formal investigation Thursday into fertilizer pricing and market concentration, drawing a standing ovation from farmers representing 18 states.
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USDA’s Great American Cotton Plan aims to boost demand for U.S. cotton through domestic manufacturing incentives, traceable supply chains and the Buying American Cotton Act.
A case of New World Screwworm (NWS) only 52 miles from Texas was reported by USDA on Thursday making it the closest detection to the U.S. to date. Brad Kooima with Kooima Kooima Varilek says that is pressuring cattle futures.
The row crop and cotton markets saw some early support Thursday from a rally in crude oil as doubts about the peace deal with Iran came into question.
From dropping phosphorus to switching from corn acres to soybeans, growers are navigating a difficult “recipe for success” as fertilizer prices remain high and grain markets soften.
Iowa-based Latham Quality alleges Bayer used predatory, anti-competitive tactics to monopolize the U.S. GE corn seed market and stifle generic competition to protect billions in “ill-gotten” profits.
Grains markets were mostly higher Thursday morning except hard red winter wheat following a bounce in crude oil says Mike Minor with Professional Ag Marketing.
With school out and more youth heading into summer farm work, now is the time to put safety checks in place before kids take on responsibilities on the farm.
Corn and wheat futures saw more fund selling and long liquidation end of month but it was triggered by war headlines. Chuck Shelby with Zaner Ag Hedge says those markets continue to remove risk premium.
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