Retail Industry
A bipartisan group of senators penned a letter to President Biden, urging his administration to mitigate rising fuel costs by increasing higher blends of American biofuels.
The Renewable Fuel Standard (RFS) gets a lot of headline time in agriculture as it directly correlates with corn and soybeans. Understanding the dynamics of RFS and the role government agencies play is another ballgame.
Secretary Vilsack addresses issues in market disruptions, climate change, and animal disease prevention as well as how the Biden Administration plans to eliminate them.
“This is my plea, from a humble farmer in Ukraine to the people of the world: Please ask your governments to stop this reckless war, launched by that cruel and power-hungry authoritarian, Vladimir Putin.”
Putin said he now wants to renegotiate the U.N.-brokered Ukraine grain export deal, raising concerns the pact may not be able to last. Meanwhile, G7 countries mull over a $44 price cap on Russian oil.
With Ukraine and Russia at war in the midst of a world moving away from the worst of the COVID-19 pandemic, there is a lot to consider in the 2023 Farm Bill. Industry experts weighed-in to share their predictions.
USDA’s crop production report showed an increase in soybean yields, but a lower national corn yield. Analysts say Pro Farmer Crop Tour next will reveal more answers about this year’s crops and could be a market mover.
January soybeans were up 6 cents at $11.75-3/4 a bushel after peaking earlier at $11.89-3/4, the highest for a most-active contract since June 13, 2016.
While China grapples with choosing which production lines to reopen, the food shortage conversation looks to ramp up.
As ag retailers continue to navigate a turbulent supply scenario for planting season, FBN says their glyphosate supplies are in a “comfortable” position. The company explains how they were able to secure supplies.