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
For the 2022-23 crop marketing year, RaboResearch estimates the average on-farm cash price will be $5.77 for corn and $10.50 for wheat.
Corn futures followed wheat futures sharply lower Tuesday, with the nearby May contract tumbling 22 1/4 cents to $7.26 1/4 and new-crop December falling 11 3/4 cents to $6.52 3/4.
Fewer corn acres, more soybean seedings expected
The Ukranian government announced removal of corn and sunflower oil export license requirements to allow for easier exports, while also hoping the sale of the commodities will provide money for spring planting.
The Administration is proposing major tax law changes in their budget. It is likely none of these will pass, but it is important to know what is being proposed.
The commodity markets came under pressure to start the week as traders tried to shed risk over shipping concerns in China as COVID-19 concerns caused officials to shut down transportation amid a two-pronged lockdown.
President Biden’s USDA FY 2023 budget proposal focuses on climate, conservation and research with $3.8 billion discretionary spending increase for USDA with climate, conservation and clean energy the major focal points.
Andy Pasztor is an Ontario, Canada farmer first who’s also found fame on social media for his ability to make any tractor shine. Thanks to farmers on social media, that passion turned into a business for “Andy Clean.”
From changes in corn and wheat acres to more producers looking to plant soybeans, FBN’s 2022 Planting Report could be an early indication of what USDA’s March Prospective Plantings report will show later this week.
Surprisingly, Americans spend only about 3% of all consumer expenses on gasoline. Similarly farmers’ fuel increase is considerable, but is being overshadowed by far worse budget problems.