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
Grain futures were lower in yesterday’s trade and the first crop condition report didn’t offer any relief as conditions were reported to be better than expected.
Economic and environmental goals are not at odds with each other. Instead, they are often symbiotic. As our carbon footprint shrinks our profits rise because we’re becoming more efficient with our resources.
Corn-for-ethanol use totaled 416.9 million bu. in April, well below analysts’ expectations.
Alan Brugler, Brugler Marketing, says it was a risk off day in grain markets which were removing risk premium. They also did technical damage.
Alan Brugler, Brugler Marketing, says it was a risk off day in grain and cotton markets removing weather premium. The lack of money flow into grains, the stock market and crude oil was also evident to start June.
According to USDA’s latest crop progress report, 91% of corn acres and 78% of soybean acres have been planted. This is the first week the report notes corn condition with 53% good and 30% fair.
Consultancy StoneX cut its Brazilian safrinha corn crop forecast by 3.9% from last month. StoneX also cut Brazil’s 2023-24 soybean crop, which has been nearly totally harvested.
Wildlife officials depopulated the entire herd on a breeder ranch east of Dallas following a legal battle that ended at the state’s Supreme Court.
Heavy rains and high winds are contributing to dangerous dust storms and other issues in farm country. Ken Ferrie offers his take on stewardship practices that can help growers prevent or minimize these problems.
The farm bill finally saw some movement in Washington last month, but the Ag Economists’ Monthly Monitor found most economists don’t think it will be passed this year, with some even saying it could be as late as 2026.