Cotton
The joint letter highlights a 150% spike in fertilizer prices and calls for immediate relief for the struggling U.S. farm economy.
USDA’s Great American Cotton Plan aims to boost demand for U.S. cotton through domestic manufacturing incentives, traceable supply chains and the Buying American Cotton Act.
The row crop and cotton markets saw some early support Thursday from a rally in crude oil as doubts about the peace deal with Iran came into question.
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
The company had been using what it described as a placeholder name, SpinCo, since announcing it would split into two independent, publicly traded entities last October.
The proposed framework introduces a targeted approach to safeguard endangered species while maintaining essential crop protection tools for U.S. farmers, the agency reports.
The leadership for New Corteva and SpinCo aims to drive growth through a specialized focus on crop protection and advanced seed genetics.
Shawn Hackett with Hackett Financial Advisors says corn and soybeans are experiencing war fatigue and are tired of chasing every headline.