Pro Farmer Analysis
Hoeven emphasized the importance of food security to quality of life and aims to maintain effective farm policy.
The soy complex was the clear underdog today, after having made the largest gain since September in the previous session.
The European Union’s crop monitoring service raised its forecasts of this year’s EU soft wheat and rapeseed yields, citing a good crop outlook overall except in the drought-impacted Iberian peninsula.
Three employees at USDA’s largest ag research center filed whistleblower complaints alleging years of mismanagement.
Ukraine would consider allowing Russian ammonia to transit its territory for export...
Zippy Duvall, president of the American Farm Bureau Federation, testified before the Senate Agriculture Committee’s Subcommittee on Commodities, Risk Management, and Trade, underscoring the importance of the farm bill.
The Buenos Aires Grain Exchange cut its Argentine soybean crop estimate by 1.5 MMT.
BP has set a target of increasing its biofuel output to 100,000 barrels per day (bpd) by 2030.
The Biden administration recently published a proposal to expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS). . .
A boom in renewable diesel production has led to a drastic decrease in California’s low-carbon fuel credit prices, affecting the economic viability of other renewable-energy projects. . .
Honeywell International Inc. and Summit Agricultural Group are partnering to build the world’s largest plant making ethanol-based aviation fuel.
Recap of the latest price action with key issues impacting prices over the next 5, 30 and 90 days.
Argentina’s government on Wednesday increased domestic prices of biodiesel for blending with conventional diesel.
Lab-grown meat could be 25 times worse for the climate than beef. . .
According to state media the crackdown comes as Beijing moves to tighten foreign access to sensitive information amid growing tensions with the United States.
Biofuel stocks have struggled recently due to a downturn in the industry, with some stocks declining more than 20% in the past year.
Rising interest rates and higher farm expenses will pressure farm finances ahead, according to the latest quarterly economic outlook published by ag credit lender Farmer Mac.
Pro Farmer breaks down soybean market outlook into 5-30-90 day segments.
The U.S. exported $15.86 billion in ag goods during March.
Senate Ag Committee Chair Debbie Stabenow (D-Mich.) warned of the potential impact for farm bill spending if there are cuts tied to any deal to increase the debt limit.
During the chairman’s presentation to CIPA, he was passionate about getting a farm bill done, but acknowledged several hurdles . . .
Some $3.1 billion — three times more than originally planned — will be spent on 141 pilot projects to offer incentives that encourage producers to adopt climate-mitigating practices on working lands.
As of April 25, 46% of the U.S. was covered by abnormal dryness/drought, down one point from the previous week.
Canadian farmers intend to plant 27.0 million acres to wheat in 2023, up 1.58 million acres (6.2%) from last year, according to Statistics Canada (StatCan).
The European Union agreed to set binding targets for airlines in Europe to increase their use of sustainable aviation fuel (SAF), to kickstart a market for green fuels and cut the aviation sector’s carbon footprint.
USDA’s Cold Storage Report showed frozen beef stocks declined more than average during March. But pork stocks climbed contra-seasonally.
They added they were ready to aid the reconstruction of Ukrainian agricultural facilities damaged by the war.
Fund selling in corn w/China cancellation, beans follow w/uncertainty on biofuels tax credits & Brazil’s cheaper crop. KC, MN wheat add weather premium. Cattle softer on COF, cash. Randy Martinson, Martinson Ag.
Price action plus soybean market outlook for the next 5, 30 and 90 days.
The strike by the Urgara grain inspectors union that prevented the loading of ships at the main Rosario export hub today is scheduled to end at midnight.