Asked why crops like soybeans would require subsidies into next year, Bronaugh said prices could dip in the next year — even though ag economists expect prices to remain high through 2023.
Ukraine has sown about 7 million hectares of spring crops so far this year, 25% to 30% less than in the corresponding period in 2021, according to the country’s ag minister.
Negotiations are underway in Congress on provisions in the Ukraine aid package forwarded by President Joe Biden, including provisions that would provide a temporary boost in commodity loan rates. . .
Ukraine’s 2022 wheat crop is likely to be “close” to last year’s 32 MMT output, APK-Inform ag consultancy quoted the National Academy of Agrarian Sciences of Ukraine as saying.
Biofuel & farm groups see E15 & higher blends of corn ethanol into gasoline as the strategy to increased sales, but the current structure of the RFS “does not serve to incentivize ethanol blends higher than E10...
One of Brazil’s largest farmers plans to reduce fertilizer use by a quarter next season, relying on more precise applications and soil testing to maintain crop yields, Bloomberg reported.
U.S. consumer demand for retail meat remains exceptionally strong despite higher prices stemming from increased production costs and supply-chain limitations.