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Ryan Lankford is using all the tools at his disposal to escape a generational cycle that has led others to fail
In its preliminary estimate, Conab forecast Brazil’s soybean acreage would increase 3.6% to 49.08 million hectares (121.2 million acres).
Mike Hynek contends the gap between agribusiness and common farmers has never been greater: “We’re being driven to the breaking point.”
Mike Zuzolo with Global Commodity Analytics says soybean futures closed slightly higher on Monday as trade tensions with China seemed to ease over the weekend. However, he says the soybean market doesn’t totally trust that a deal is going to take place.
With the loss of Chinese demand, U.S. ag is searching for its next “shining star.” Researchers at Iowa State may have found it for soybeans: the road beneath your feet and the refineries needed to fuel your truck or car.
Falling crop prices, skyrocketing expenses, and trade disputes are creating conditions that are too much for farm families to bear.