Latest News From Pro Farmer Editors

As the U.S. escalates economic sanctions against China, Beijing is preparing its retaliatory measures while cautiously considering the potential economic repercussions, the Wall Street Journal reports.

The Imperial Strathcona Refinery in Alberta is receiving a 12% tax credit for its $720 million under-construction canola-based renewable diesel facility.

USDA and the U.S. Agency for International Development (USAID) announced the release of $1 billion in previously allocated food aid.

Pro Farmer recaps the week's price action for soybeans and shares outlook broken down into the next 5, 30 and 90 day segments.

Sales of E15 fuel blends this summer is another concern.

The International Grains Council (IGC) cut its forecast for 2024-25 global corn production by 7 MMT.

Argentina’s corn production, already cut sharply due a stunt disease spread by leafhopper insects, was “likely” to be cut further, the Rosario Grain Exchange said.

In a move reminiscent of former President Donald Trump’s trade policies, Biden is considering tripling tariffs on Chinese steel and aluminum imports under Section 301 of the Trade Expansion Act.

The RSC proposals include shutting off crop subsidies to farmers with more than $500,000 a year in adjusted gross income, requiring growers to pay a larger share of the premium for subsidized crop insurance...

Many of the largest Brazilian mills have already been certified to make feedstock for sustainable aviation fuel (SAF) that meets official international and domestic standards.

Heavy rainfall across Argentina’s core soybean production areas has caused harvest delays and could lead to production losses, the Rosario Grain Exchange said.

The Panama Canal Authority (ACP) is cautiously optimistic about returning to normal operations by 2025, although this depends on weather conditions.

House Ag Democrats are facing internal tension and uncertainty as they struggle to formulate a response to the GOP’s farm bill proposal.

According to analysts at FarmDoc, Brazil could increase its crop area by 35%, adding approximately 70 million acres of cropland.

USDA Secretary Tom Vilsack suggests China’s reduced purchases of American agricultural products, particularly corn and soybeans, may be linked to recent actions taken by the U.S.

The law aims to increase reporting requirements and impose harsher penalties for violations related to foreign ownership of agricultural land.

In an effort to prevent domestic cattle from being exposed to Bovine Influenza A Virus (BIAV), 17 states have restricted cattle imports from states where the virus has infected dairy cows.

Several states and organizations filed lawsuits against the Biden administration’s recent revision of the calculation method for determining the fuel economy of electric vehicles (EVs).

During an antitrust conference hosted by the Federal Trade Commission and Justice Department, USDA Secretary Tom Vilsack highlighted the need for more efforts to promote competitive markets in the agricultural sector.

Two UC-Davis analysts in a report highlighted that satisfying sustainable aviation fuel (SAF) goals would require a significant increase in soybean plantings, almost by 50%.

China has initiated a new round of action to significantly increase its grain output in the coming years via an increase in planted area and yield, in the latest effort to ensure food security.

National Corn Growers Association (NCGA) President Harold Wolle expressed concerns to the International Trade Commission, stating that imposing tariffs on 2,4-D could limit imports, increase prices, and...

The Biden administration will release a preliminary climate model for its SAF subsidy program in the coming weeks that is more restrictive than the corn-based ethanol producers had hoped.

NASS will make changes to its survey work for the January Cattle Inventory Report, December Hogs & Pigs Report, Cattle on Feed Report and Milk Production Report, along with some others.

Former President Donald Trump has proposed a tariff plan, which includes imposing 60% tariffs on imports from China and 10% tariffs on imports from the rest of the world.

Nationwide sales of E15 rose 8% to a record 1.1 billion gallons in 2023, thanks to competitive prices and the growing number of stations that sell the fuel, according to a Renewable Fuels Association analysis of data.

The prospects for Congress approving a new farm bill in 2024 have apparently become so dim they are almost invisible, says the American Enterprise Institute (AEI).

Corn-for-ethanol use totaled 441.5 million bu. during February, 1 million bu. more than traders expected.

The Renewable Fuels Association (RFA) is joining a legal challenge against the European Union’s FuelEU Maritime Regulation, arguing it unfairly penalizes the use of crop-based biofuels in the maritime sector.

The Department of Energy (DOE) has declined a request by the American Petroleum Institute (API) and others to lift the suspension on new liquefied natural gas (LNG) export approvals.

While the White House aims to boost production of SAF, it has faced challenges in defining rules for tax credits, particularly for crop-based forms of the fuel.

Ethanol plants are exploring carbon capture technologies to reduce their carbon intensity (CI) scores and qualify for tax credits.

Ambassadors from European Union countries reached an agreement regarding Ukrainian grain, extending tariff-free trade until June 2025.

The American Sugar Coalition is pushing for restrictions on sugar imports from Mexico following concerns that some shipments may violate trade deal rules, Bloomberg reports.

Shipping accounts for roughly 90% of world trade and is responsible for nearly 3% of the world's carbon dioxide emissions.

After a sharp increase in the food price outlook last month, USDA trimmed its forecast this month.

Costs are the main obstacle to increasing the use of sustainable aviation fuel (SAF), Exxon Mobil Senior Vice President Jack Willams said Friday.

A recap of the week's price action with outlook for the next 5, 30 and 90 days.

The House Ag Committee held a hearing on Wednesday addressing concerns about China’s purchases of U.S. farmland, with both Democrats and Republicans expressing worry about potential threats to national security.

A bipartisan group of House lawmakers is urging the Biden administration to address new trade restrictions impacting U.S. biofuel exports.

The U.S. ag sector is seeking over $900 million in aid to regain overseas markets lost to competitors like Brazil and Russia.

Bottom line: The report concludes that although globalization is evolving, the relationship between the U.S. and Europe remains resilient and vital.

Baseline projections for 2024 from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri suggest downward pressure on prices could continue throughout 2024 and beyond.

A congressional hearing scheduled for Wednesday will delve into the perceived threat posed by China to the U.S. agriculture industry, particularly concerning the increasing foreign ownership of American farmland.

Members of the National Oilseed Processors Association (NOPA) crushed 186.2 million bu. of soybeans during February – by far the most ever for the month.

USDA has started using global exporters’ data to estimate China’s soybean imports because a wide gap emerged between shipping figures from producing nations and Chinese customs data, a USDA official told Reuters.

Phase 1 of the National Zero-Emission Freight Corridor Strategy targets local and regional trucking operations, first- and last-mile delivery, and port drayage, gradually moving towards accommodating long-haul trucking.

The administration says it wants to work on issues surrounding new and beginning farmers among other comments.

The U.S. Court of Appeals for the Tenth Circuit upheld a settlement agreement related to attorneys’ fees in a lawsuit concerning genetically modified (GMO) corn.

While there are factors mitigating inflation, such as the productivity boomlet and China’s deflationary impact, Malanga adds that recent data shows a rise in core PCE deflator and other inflation indicators.