Pro Farmer Analysis
Boosted by the popularity of forage policies, crop insurance coverage exceeded 500 million acres in 2023, marking the highest level ever.
On Jan. 1, 2025, the 40B and 40A credits will expire, and the 45Z program will begin, running through 2027. The new credit will be based on emissions rates.
Friday’s technically bearish weekly low closes in winter wheat futures suggest follow-through chart-based selling pressure early next week. However, the winter wheat futures markets are also short-term oversold...
Soyoil premiums in Argentina reached their highest point since July 2022, according to Fastmarkets.
The U.S. exported $14.44 billion of agricultural goods in April against imports of $18.30 billion, resulting in a deficit of $3.86 billion.
The union warned a strike could significantly disrupt the flow of goods, services and individuals entering and leaving Canada.
The recent Treasury Department decision to allow U.S.-made ethanol and other biofuels to qualify for a SAF tax credit under the IRA/Climate Bill has sparked a range of reactions from different stakeholders.
Soybean losses related to recent floods in Brazil’s southernmost state of Rio Grande do Sul were estimated at 2.71 MMT, state crop agency Emater said.
Sustainable aviation fuel (SAF) won’t be commonplace anytime soon because its production is being hindered by significant land requirements and rising costs, according to Oilprice.com.
Corn-for-ethanol use totaled 416.9 million bu. in April, well below analysts’ expectations.
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.
The potential consequences of not renewing the USMCA include significant economic and trade disruptions, increased policy and regulatory uncertainty, weakened enforcement of labor and environmental standards.
Corn futures closed lower each day this week in the biggest weekly loss since last July on the continuation chart. A portion of this week’s selling pressure can likely be attributed to long-term fundamentals...
The Fed noted, “Agricultural reports were mixed, as drought conditions eased in some districts, but farm finances/incomes remained a concern. Overall outlooks grew somewhat more pessimistic. . .
Germany and France are urging the European Union to intensify measures against the import of fraudulent biofuel, particularly from China, which uses ingredients like used cooking oil.
Higher exports of livestock and dairy, as well as increased ethanol sales largely offset reductions in grains and feeds, oilseeds and horticultural products.
President Joe Biden said if he is re-elected, he will let former President Donald Trump’s tax cuts expire. He wants big increases/changes. . .
Argentina is on track to start long-awaited corn shipments to China from July, the country’s grain export chamber told Reuters.
USDA maintained its outlook for all food prices to rise 2.2% this year, with food at home (grocery) costs expected to be up 1.2%.
A recap of this week’s price action and key market drivers in the next 5, 30 and 90 days.
USDA is launching a new initiative to compensate dairy farmers for milk losses caused by H5N1,marking potentially the largest economic aid for the dairy industry to date.
The International Grains Council (IGC) cut its 2024 global corn production forecast 6 MMT from last month.
Drought in two key Brazilian corn-growing states is reducing the potential size of the country’s safrinha corn crop, according to Agroconsult, as the consultancy kicks off a countrywide field tour.
A quick transition from El Niño to La Niña and a dominating lunar cycle has six analog years, all of which suggest below-normal rainfall and warmer temps during summer, according to World Weather Inc.
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks.
For the first time in two years a uniform set of data reports is suggesting that restrictive monetary policy may be starting to bite, says Dr. Vince Malanga, president of LaSalle Economics.
President Joe Biden’s decision to raise tariffs on selected goods from China, impacting roughly $18 billion worth of imports, is expected to stir conflict within supply chains over who will bear the cost.
A Wood Mackenzie report highlights that a victory for Donald Trump in the Nov. 5 presidential election could jeopardize $1 trillion in energy investments, particularly those supporting low-carbon energy sources.
Six major commodity groups, including the National Corn Growers Association (NCGA), sent a letter to ITC in April encouraging it to vote against advancing a petition.
The IMF criticized the Biden administration’s decision to aggressively raise tariffs on some Chinese goods, underscoring its warning that tensions between the world’s top two economies risk hurting global trade & growth.