News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
U.S. phosphate producers announced more production cuts earlier this month and asserted that current phosphate prices are “attractive to farmers”. But when compared to the price of corn, phosphate prices may have farmers doing a little curtailing of their own.
Potash producers have been scrambling to muster returns to shareholders and stop the bleeding in global potash markets. Meanwhile phosphate posts the smallest year-over decline of all our surveyed fertilizers.
LimelightPlayerUtil.initEmbed(‘limelight_player_561365'); Corn is narrowly mixed, soybeans are marginally to 1 cent lower and wheat is favoring a weaker tone. Livestock futures are mostly higher.
The relationship between potash and corn futures grabbed our attention this week. We take a closer look at the ups and downs in the corn market and how potash has responded in the past.
This tractor only had 666 original hours when it sold.
LimelightPlayerUtil.initEmbed(‘limelight_player_449346'); Pro Farmer’s Chip Flory and Inputs Monitor’s Davis Michaelsen discuss input prices for this week’s Profit Briefing segment on AgDay TV.
This week we take a quick look at the possible influences of the U.S. dollar and WTI crude oil on the nitrogen segment. All four of the nitrogen products in our weekly survey are priced below expected new-crop revenue and should be considered at value levels.
Tuesday’s open in WTI crude oil futures has a story to tell. Crude market bulls were gunning for continued rejection of a two-handle on crude oil, but Tuesday’s market action pressured the front-month crude oil contract below $28.00 per barrel for a short time.
Read about ideas farmers have designed to make their jobs easier
The move higher in crude oil futures last week was based on short covering and on rumors of an OPEC production cut. With the addition of Iranian supplies, OPEC’s output is now at 32.60 million barrels per day, roughly 1 million barrels per day above expected demand.
P&K producers have been playing prevent defense amid struggles in the agricultural sector. Potash remains oversupplied globally, but phosphate producers have been very conservative with their production strategy.
In 2015-16, the attache expects the country to export 26.5 MMT of corn, down from 2014-15.
Meteorologist Gail Martell provides her weather insight.
Front-month oat futures have rallied more than $1 since the beginning of the year and are now at an unusual premium to front-month corn futures.
Today, the Center for Consumer Freedom released its yearly review of People for the Ethical Treatment of Animals’ appalling record of killing pets at its Norfolk, VA animal shelter.
This week in Austin, Texas, marked the 20th year of The Executive Program for Agricultural Producers (TEPAP).
You can join our $100 Ideas Club! Share your unpublished ideas and join our $100 Ideas Club.
You can join our $100 Ideas Club! Share your unpublished ideas and join our $100 Ideas Club. The Double our Money winner receives $200.
Share your unpublished ideas and join our $100 Ideas Club. The Double Your Money winner receives $200. Other farmers featured receive $100 each.
Share your unpublished ideas and join our $100 Ideas Club. The Double Your Money winner receives $200. Other farmers featured receive $100 each.
What do South African grapevines and a San Francisco bike rental shop have in common?