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B&B Farm Store defaulted on an estimated $1.3 million of grain they bought from 60 Jesup, Iowa area farmers. But that may not make farmers whole and points to a bigger problem.
Soybeans took a hit in Minnesota, which was the western leg’s trend this year. Corn showed more kernel depth and yield on both routes.
December corn futures rose to the highest price since late June and soybeans and wheat also rose amid concern over dry weather. Why did corn prices surge? Several bullish factors are at play,
Warning signs about the health of the general economy are blaring, but Farmer Mac’s summer issue of “The Feed” shows why ag lenders are in a better financial position to help farmers weather the higher costs.
U.N. aid chief Martin Griffiths said on Thursday that grain shipments from Ukraine could resume as soon as today but that details of the exact coordinates of shipping routes were still being finalized.
The Commerce Department put out its second quarter GDP data this week, showing the U.S. economy shrank from April through June.
From 2001 to 2016, the U.S. lost or compromised 2,000 acres of farmland and ranchland every day. If that trend continues, and another 18.4 million acres is converted between 2016 and 2040.
Corn needs 1/2" of silk to pollinate. In some cases, the pest pressure in parts of the Midwest is heavy enough that’s not happening and is signaling full-blown resistance problems.
On Thursday, Corteva Agriscience announced a number of 2022-23 market introductions and advancements for its corn and soybean product lineup.
U.S. Labor Secretary Marty Walsh remained optimistic about contract negotiations between workers and shipping companies for some of the country’s most important ports, even as talks extend past a previous deadline.