- CNH Industrial Completes Raven Industries Acquisition
- Dealing With a Stressed Supply Chain
- What’s Hot, What’s Not in the Markets
- Brazil’s Soybeans Look Good
- Concern Lingers for La Nina’s Impact on South America
- Challenging Market Dynamics Tell an Interesting Soybean Story
- USDA Lowers Fiscal Year 2022 Ag Export Forecast
- All Top Stories
CNH Industrial Completes Raven Industries Acquisition
CNH Industrial finished its acquisition of Sioux Falls, South Dakota-based Raven Industries, a precision agriculture company. The first in-house products featuring fully integrated Raven precision agriculture systems will become available in 2022.
Dealing With a Stressed Supply Chain
Farm input costs are up and it has been difficult to source the products needed to put in a crop. BASF Director of Marketing Robbie Upton says the supply chain situation extends through the entire economy. “This is a supply…
What’s Hot, What’s Not in the Markets
Advance Trading Risk Management Advisor Tommy Grisafi says the drop in crude oil prices provide an opportunity for farmers. In today’s edition of What’s Hot, What’s Not in the Markets, Grisafi also discusses the latest COVID variant and the impact…
Brazil’s Soybeans Look Good
The first crop soybeans are off to a good start across much of Brazil. Ag Consultant Kory Melby says it’s the opposite of last year. “It’s a big difference compared to last year at this time. We’ve even seen too…
Concern Lingers for La Nina’s Impact on South America
Despite the decent weather and growing conditions in South America, there are still concerns about the adverse effect of a La Nina as winter progresses. This concern is expected to keep U.S. soybean prices stronger until more is known about…
Challenging Market Dynamics Tell an Interesting Soybean Story
United Soybean Board Vice President of Market Intelligence Mac Marshall says the international market outlook for U.S. soybeans looks good year-over-year. “We set a big record last year. This year, I think the market dynamics are different. We didn’t start…
USDA Lowers Fiscal Year 2022 Ag Export Forecast
The value of agricultural products that China will purchase in the current fiscal year may not be as high as earlier predictions. USDA Chief Economist Seth Meyer says China’s needs are changing as their hog herd stabilizes. “The new fiscal…
CNH Industrial Completes Raven Industries Acquisition
CNH Industrial finished its acquisition of Sioux Falls, South Dakota-based Raven Industries, a precision agriculture company. The first in-house products featuring fully integrated Raven precision agriculture systems will become available in 2022.
Feast or Famine for Alfalfa Growers This Year
WinField United National Alfalfa Agronomist Randy Welch says conditions varied from east-to-west. “West of the Twin CIties was very, very dry and you go east of the Cities, we had fantastic rainfall and we have farmers with more than enough…
Optimism for 2022
During a meeting with ag retailers Tuesday, BASF District Sales Manager Barry Rongen voiced optimism about the year ahead. “The soil moisture to begin the year in 2022 is way better than a year ago and I really believe growers…
Investing in River Infrastructure
Soybean checkoff groups are willing to invest $1 million to offset pre-engineering and design work for a key lock and dam on the Upper Mississippi River. The existing locks were built in the 1930s and need maintenance and enhancements to…
Emissions Reporting Waiver May be Lifted
The Environmental Protection Agency is reconsidering a rule implemented during the Trump Administration that exempted large-scale livestock farms from reporting emissions. A motion was made in federal court by the Biden Administration saying the EPA is concerned the exemption does…
Mexican Regulators Approve CP and KCS Merger
The Canadian Pacific and Kansas City Southern railroads have received regulatory approval from the Mexican government. This deal still needs approval from shareholders with a vote by CP stockholders on December 8th and Kansas City Southern stockholders on December 10th.…
A Busy Time in the Senate
Minnesota Senator Tina Smith says there’s a lot on the plate for the Senate between now and the end of the year, including passing the Build Back Better plan. “I believe it will be done, but it is a complicated…
- Consider Locking In Fuel Needs
- Small Wins Can Help the Supply Chain Backlog
- Opportunities Ahead for U.S. Dairy Exports
- What’s Hot, What’s Not in the Markets
- WTO Ministerial Postponed
- New COVID Variant is One of Two Stories Impacting Markets
- South America Getting Timely Rains for Crop Production
- All Markets
Consider Locking In Fuel Needs
The U.S. Department of Energy released 50 million barrels of oil from the nation’s strategic petroleum reserve to address high gas prices and supply and demand challenges. Total Farm Marketing Senior Market Advisor Naomi Blohm says the crude oil market…
Small Wins Can Help the Supply Chain Backlog
Demand for U.S. beef and pork remains strong and, in some cases, is record large. However, U.S. Meat Export Federation President and CEO Dan Halstrom says supply chain issues continue to be an issue. “It’s getting to a critical level…
Opportunities Ahead for U.S. Dairy Exports
One bright spot for dairy industry is the export demand. The USDA is forecasting dairy product exports to increase $200 million in Fiscal Year 2022, reflecting strong global import demand and tightening competitor supplies. American Farm Bureau Federation Chief Economist…
What’s Hot, What’s Not in the Markets
Advance Trading Risk Management Advisor Tommy Grisafi says the drop in crude oil prices provide an opportunity for farmers. In today’s edition of What’s Hot, What’s Not in the Markets, Grisafi also discusses the latest COVID variant and the impact…
WTO Ministerial Postponed
This week’s World Trade Organization Ministerial Conference has been postponed due to travel restrictions associated with the latest strain of the COVID virus. This conference was scheduled to start tomorrow and continue through Friday. With the pandemic and supply chain…
New COVID Variant is One of Two Stories Impacting Markets
Concern over a new COVID variant has the grain markets on edge. “How that impacts commodity sentiments, in terms of emerging markets, currencies and physical demand, is the top story for the markets,” said Mike Zuzolo, president, Global Commodity Analytics…
South America Getting Timely Rains for Crop Production
Northern and central Brazil have been getting timely rains with plenty of subsoil moisture for crop development. World Weather Incorporated Meteorologist Drew Lerner says southern Brazil does not have the subsoil moisture to sustain crops for very long. “If you…
CNH Industrial Completes Raven Industries Acquisition
CNH Industrial finished its acquisition of Sioux Falls, South Dakota-based Raven Industries, a precision agriculture company. The first in-house products featuring fully integrated Raven precision agriculture systems will become available in 2022.
Feast or Famine for Alfalfa Growers This Year
WinField United National Alfalfa Agronomist Randy Welch says conditions varied from east-to-west. “West of the Twin CIties was very, very dry and you go east of the Cities, we had fantastic rainfall and we have farmers with more than enough…
Optimism for 2022
During a meeting with ag retailers Tuesday, BASF District Sales Manager Barry Rongen voiced optimism about the year ahead. “The soil moisture to begin the year in 2022 is way better than a year ago and I really believe growers…
Investing in River Infrastructure
Soybean checkoff groups are willing to invest $1 million to offset pre-engineering and design work for a key lock and dam on the Upper Mississippi River. The existing locks were built in the 1930s and need maintenance and enhancements to…
Emissions Reporting Waiver May be Lifted
The Environmental Protection Agency is reconsidering a rule implemented during the Trump Administration that exempted large-scale livestock farms from reporting emissions. A motion was made in federal court by the Biden Administration saying the EPA is concerned the exemption does…
Mexican Regulators Approve CP and KCS Merger
The Canadian Pacific and Kansas City Southern railroads have received regulatory approval from the Mexican government. This deal still needs approval from shareholders with a vote by CP stockholders on December 8th and Kansas City Southern stockholders on December 10th.…
A Busy Fall Fertilizer Season
Fertilizer prices are at all-time highs. Despite the sticker shock, CHS Ag Services Sales Manager Andrew Schultz says a lot of fertilizer was applied this fall. “We had a record fall this year in terms of the amount of tons…
Feast or Famine for Alfalfa Growers This Year
WinField United National Alfalfa Agronomist Randy Welch says conditions varied from east-to-west. “West of the Twin CIties was very, very dry and you go east of the Cities, we had fantastic rainfall and we have farmers with more than enough…
Optimism for 2022
During a meeting with ag retailers Tuesday, BASF District Sales Manager Barry Rongen voiced optimism about the year ahead. “The soil moisture to begin the year in 2022 is way better than a year ago and I really believe growers…
A Busy Fall Fertilizer Season
Fertilizer prices are at all-time highs. Despite the sticker shock, CHS Ag Services Sales Manager Andrew Schultz says a lot of fertilizer was applied this fall. “We had a record fall this year in terms of the amount of tons…
Dealing With a Stressed Supply Chain
Farm input costs are up and it has been difficult to source the products needed to put in a crop. BASF Director of Marketing Robbie Upton says the supply chain situation extends through the entire economy. “This is a supply…
South America Getting Timely Rains for Crop Production
Northern and central Brazil have been getting timely rains with plenty of subsoil moisture for crop development. World Weather Incorporated Meteorologist Drew Lerner says southern Brazil does not have the subsoil moisture to sustain crops for very long. “If you…
Brazil’s Soybeans Look Good
The first crop soybeans are off to a good start across much of Brazil. Ag Consultant Kory Melby says it’s the opposite of last year. “It’s a big difference compared to last year at this time. We’ve even seen too…
Is Another Super Cycle Possible For Wheat?
Stone X Group Chief Commodities Economist Arlan Suderman says previous bullish markets were caused by great commodity super cycles. This leaves some wondering if we are currently in another super cycle with wheat. “Great commodity super cycles come about every…
- Emissions Reporting Waiver May be Lifted
- Small Wins Can Help the Supply Chain Backlog
- Opportunities Ahead for U.S. Dairy Exports
- Focus on Common Ground, Not Differences
- Union Contract for Port Workers Expires in ’23
- MN Beef Update
- Low Pathogenic Avian Influenza Confirmed in MN Turkey Flock
- All Livestock
Emissions Reporting Waiver May be Lifted
The Environmental Protection Agency is reconsidering a rule implemented during the Trump Administration that exempted large-scale livestock farms from reporting emissions. A motion was made in federal court by the Biden Administration saying the EPA is concerned the exemption does…
Small Wins Can Help the Supply Chain Backlog
Demand for U.S. beef and pork remains strong and, in some cases, is record large. However, U.S. Meat Export Federation President and CEO Dan Halstrom says supply chain issues continue to be an issue. “It’s getting to a critical level…
Opportunities Ahead for U.S. Dairy Exports
One bright spot for dairy industry is the export demand. The USDA is forecasting dairy product exports to increase $200 million in Fiscal Year 2022, reflecting strong global import demand and tightening competitor supplies. American Farm Bureau Federation Chief Economist…
Focus on Common Ground, Not Differences
A deep political divide increases the gridlock in Washington. National Cattlemen’s Beef Association President-Elect Don Schiefelbein says that division can also be found in agriculture. “That is what keeps me up at night,” said Schiefelbein. “We’re just two percent of…
Union Contract for Port Workers Expires in ’23
There’s a new wrinkle in the ongoing supply chain story. The union contract for dockworkers on the West Coast expires in July of next year. These negotiations happen every six years and the last round resulted in labor disruptions and…
MN Beef Update
Happy Holidays! Minnesota Beef Council’s Director of Industry Relations Royalee Rhoads wishes farmers and ranchers a good time with friends and family this time of the year. Hear more in this week’s Minnesota Beef Update.
Low Pathogenic Avian Influenza Confirmed in MN Turkey Flock
Routine testing by the Minnesota Board of Animal Health found H5 low pathogenic avian influenza in a commercial turkey flock in Kandiyohi County. H5 LPAI does not pose a risk to public health or food safety. The Board of Animal…
A Busy Time in the Senate
Minnesota Senator Tina Smith says there’s a lot on the plate for the Senate between now and the end of the year, including passing the Build Back Better plan. “I believe it will be done, but it is a complicated…
An Investment in Climate
National Farmers Union President Rob Larew says the Build Back Better plan makes a big investment in climate. “All farm groups have been pushing for this investment and there are other investments that will be extremely beneficial. Agriculture worked very…
Focus on Common Ground, Not Differences
A deep political divide increases the gridlock in Washington. National Cattlemen’s Beef Association President-Elect Don Schiefelbein says that division can also be found in agriculture. “That is what keeps me up at night,” said Schiefelbein. “We’re just two percent of…
Still Waiting Renewable Volume Obligations from EPA
Pro-biofuel groups are supportive of the Defend the Blend Act. The Renewable Fuels Association thanked House lawmakers for sponsoring the legislation. RFA CEO Geoff Cooper tells the Red River Farm Network he’s anxiously awaiting Renewable Volume Obligations from the EPA.…
Build Back Better Moves to the Senate
The Build Back Better plan is on the agenda when the Senate returns to Washington D.C. this week. North Dakota Senator Kevin Cramer says the reconciliation package will need to look different from what the House passed earlier this month.…
Vilsack: Expanded Farm Bill Baseline a Benefit of Build Back Better
The Build Back Better plan includes funding for conservation programs. “The bill basically provides for a level of conservation investment we’ve never seen in the country’s history,” says Tom Vilsack, secretary, USDA. “It’s so large that we anticipate when it’s…
Defend the Blend
Minnesota Representatives Angie Craig and Michelle Fishbach and South Dakota Representative Dusty Johnson are part of a coalition of lawmakers that filed the Defend the Blend Act on Tuesday. This is a bipartisan bill that would prevent the EPA from…
