PRO FARMER
The Financial Crimes Enforcement Network (FinCEN) is proposing a new requirement for certain financial entities, like title companies, to report cash purchases of residential real estate.
At least three U.S.-bound cargo ships are preparing to load with soybeans at two ports in Northern Brazil, according to shipping lineup data seen by Reuters.
El Niño persists, although a steady weakening trend is evident in the oceanic indicators, according to the Australian Bureau of Meteorology.
EPA announced it will allow Midwest states to request year-round availability of E15 fuel starting in 2025.
Mexico will continue to buy corn from the U.S. for livestock feed and industrial use, despite the ongoing formal dispute over its ban on imports of genetically modified (GM) corn for human consumption.
Brazil’s biodiesel mandate will increase to 14% (B14) on March 1, and 15% (B15) in 2025. That’s already having an impact on Brazil’s domestic soyoil market.
The company, owned by Shell Plc and Cosan SA, sees economic sense in producing SAF in Brazil given it requires such large volumes of the feedstock.
At USDA’s 100th Agricultural Outlook Forum, Secretary Tom Vilsack again proposed innovative approaches, such as utilizing CCC funds creatively, to address farm bill funding challenges.
A recap of this week’s price action with outlook broken down into the next 5, 30 and 90 day segments.
The International Grains Council (IGC) raised its forecast for 2023-24 global corn production to a fresh record high.