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
Economists at Texas A&M University recently completed two studies on impacts of surging fertilizer prices for farms.
After proposing in December the 2022 ethanol blending requirement will be 15 billion gallons, the Biden administration is thinking about reducing it before it becomes final . . .
Evaluating market fundamentals has led most analysts to project stronger price trends over the next few years. But just how high could prices go? Studying market patterns over the last 30 years provides valuable clues.
Biden considering reducing 2022 ethanol blending requirement from initial proposal
The EPA says prior to Jan. 11, 2022, the agency “did not consistently assess the potential effects of conventional pesticides on listed species when registering new active ingredients.”
USDA made slight adjustments to the final 2021 corn-production estimate, but not due to a change in yield. USDA reported a slightly higher national soybean yield. The agency also revised demand in WASDE on Wednesday.
In reaction to the reports, corn is still trading 2-3 cents lower, soybeans are 1-3 cents higher, winter wheat futures are 9-12 cents lower, spring wheat is 4-7 cents lower and cotton is 75-200 points higher.
A new report from Texas A&M Agricultural and Food Policy Center (AFPC) a 50% rise in fertilizer prices equates to an average of $128,000 per farm. The largest per-acre impact would falls on rice farms at $62.04 an acre.
EPA has forwarded to the Office of Management and Budget (OMB) for review a proposed rule regarding canola oil pathways for renewable diesel, jet fuel, naptha and liquid propane gas under the RFS.
AFBF’s in-person annual convention focused on everything from H-2A workers, drought, supply chain chaos and policy changes like the Waters of the U.S. (WOTUS) rule. USDA Secretary Tom Vilsack addressed the group Monday.