Pro Farmer Analysis
We are getting questions from farmers and accountants wondering if Pandemic Assistance Revenue Program (PARP) payments are still going to be made in 2023.
China’s National Energy Administration (NEA) has outlined plans for a series of demonstration or pilot projects aimed at boosting domestic biodiesel production.
Data from the Chinese Ministry of Agriculture and Rural Affairs revealed that China’s sow herd has decreased to 42.1 million.
POET, a biofuel maker, expressed concerns that the Biden administration’s decision on tax credits for sustainable aviation fuel (SAF) could lead them to withdraw from the SAF market.
Legal challenges and disputes continue related to EPA and Army Corps of Engineers’ regulation of wetlands and waters in the United States.
On the positive side for corn, the U.S. corn harvest is winding down rapidly, which means farmer selling at the local elevators and commercial hedge pressure will subside.
The International Grains Council (IGC) raised its forecast for 2023-24 global grain production by 3 MMT to 2.295 billion MT.
Members of the National Oilseed Processors Association (NOPA) crush 189.8 million bu. of soybeans in October.
Witnesses at the hearing acknowledged the benefits of new technologies, including increased crop yields and reduced waste, but stressed the importance of providing clear benefits to growers.
Chinese factories facing overcapacity in a challenging economic environment are attempting to address their problems by increasing exports.
As South America’s growing season progresses market participants will closely watch for potential changes in Brazil and Argentine production estimates.
Pro Farmer recaps today’s price action with fundamental and technical analysis.
The U.S. exported 231.5 million lbs. of beef during September, the lowest monthly total since June 2020.
Brazil’s Petrobras has for the first time processed 100% soybean oil in an industrial refining unit, the state-run oil company said.
SAF presents a promising biofuel opportunity for farmers and enjoys support from agricultural commodity groups, the Fuels America coalition, major airlines and USDA Secretary Tom Vilsack.
Chinese Premier Li Qiang pledged to expand market access and boost imports as part of efforts to stimulate economic growth and maintain openness in China. Key points from his speech and related developments include:
EPA argued that its decision to make changes to the RFS program was based on the Clean Air Act and that it “reasonably set and fully explained the 2022 volume requirements for total renewable fuel and advanced biofuel...
Recaps of the latest corn-for-ethanol data.
Official trade data from October.
Soybean oil used to produce biofuels in the U.S. fell to 1.197 billion lbs. in August, according to the U.S. Energy Information Administration (EIA).
Starting on Tuesday, producers can apply for ERP benefits, regardless of whether they received a pre-filled form from USDA or not.
Soybean futures ended the week on good note, with an extended soymeal rally amid strong U.S. demand breathing life into the complex.
Despite improvements, the two largest Colorado River reservoirs, Lake Mead and Lake Powell, remain at low levels. Lake Mead is currently at 34% capacity and Lake Powell is at 37%.
The $2.3 billion in CCC funding from the last fiscal year will be directed towards boosting international markets for farmers.
USDA forecasts all food prices will increase 5.8% this year, within a range of 5.5% to 6.1%.
The International Energy Agency (IEA) predicts a nearly 50% decline in oil demand by 2050 if governments fulfill their commitments to transition to cleaner energy sources.
USDA announced awards totaling $52.6 million under the Fertilizer Production Expansion Program (FPEP), aimed at boosting domestic fertilizer manufacturing and reducing costs for farmers.
Ethanol advocates are advocating for flex fuel vehicles rather than solely promoting electric vehicles (EV).
Members of the National Oilseed Processors Association (NOPA) crushed a record 165.5 million bu. of soybeans during September.
In our 30-day wheat outlook, weather in multiple global wheat regions is garnering attention.