AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
Now that the election results are in, the parlor game of who President-elect Donald Trump will tap to serve on his Cabinet has returned, and there’s a host of possibilities.
The good news is a Trump presidency and Republican-controlled Senate might result in fewer regulations and lower taxes. The bad news is the U.S. could be headed for a possible trade war with China and other countries.
Grain futures were weaker in Wednesday morning but found support and rallied through the session. That strength has led to buying in the overnight and early morning trade with prices inching closer to resistance.
Mark Knight with Farmer’s Keeper Financial says grains open mixed digesting strong weekly exports and positioning ahead of the FOMC announcement and WASDE.
Chinese President Xi Jinping would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
Biden-era clean energy subsidies would likely survive, but a reduction in offshore wind leasing is likely.
Darren Frye, Water Street Solutions, says it was an impressive that grains, especially the soybean complex, shook off the election results, possible tariff hikes and a sharply higher dollar.
A “no” vote means the state law in question would be rejected, and that raises fresh questions about the Summit Carbon Solutions pipeline and similar projects.
If “portable heater” brings to mind an ancient kerosene-fueled torpedo heater belching flame and acrid smoke, there’s good news. Modern portable heaters offer clean, efficient options for heating work areas on even the coldest days.
The Risk Management Agency just released official harvest prices for federal crop insurance — and they came in well below the base prices set back in February.