Retail Business
A bizarre mix of business and religion, laced with a surreal cast of characters, the Jerusalem artichoke crop scandal may be the most outlandish major scam to curse farming in the past century.
Ag groups are gearing up for a new fight over the so-called ‘Death Tax.”
Trade seems to be taking a back seat in Washington. From COVID-19 recovery to a focus on climate, other issues are taking priority in the new White House. That’s not stopping ag groups from pushing for key trade deals.
The net farm income story this year is far from over. Farmer Mac’s chief economist says history shows USDA’s initial look at net farm income is typically too low and this year may be no different.
U.S. President Joe Biden and his Chinese counterpart Xi Jinping held their first telephone call as leaders.
The one-upmanship that usually heightens the excitement about what is unveiled at Agritechnica will have at least one less participant as John Deere officially announces it will not be participating in 2021.
As the substantial demand looks to be rooted in a need for feed and food, corn purchases from China may not be over yet and could be on track to hit a new record. However, actual shipments are lagging.
“The trade really wanted to see USDA get more aggressive on increasing corn export demand, especially after all the sales we had seen to China about two weeks ago,”
The corn price momentum quickly faded on Tuesday as traders seemed disappointed by conservative adjustments to its corn import forecast for China.
A month after USDA releases its final production estimates, USDA’s February report typically doesn’t provide major revisions. With possible changes to corn demand, analysts say Tuesday’s report could be different.