Latest News Articles
WHIP+ Application Process is Ongoing
Published November 20, 2020
USDA Farm Service Agency Administrator Richard Fordyce says local FSA offices are continuing to process WHIP+ applications. Sign-up for WHIP+ ended in October. "That work is still ongoing and it should be finished up soon and we'll see where we…Demand Keeping Prices and Basis Firm in PNW
Published November 20, 2020
Basis levels continue to be firm even as corn and soybeans have a sharp rally. Bennett Consulting President Matt Bennett expects demand from the Pacific Northwest to keep cash corn prices firm. "There will be lots of corn going out…Consider Marketing the New Crop
Published November 20, 2020
Corn and soybean prices are inverted with no carry in the market, offering farmers an incentive to hold grain. Commodity Risk Management Group market analyst Britt O’Connell thinks farmers should be patient with old crop. "If there are issues in…2021 Farm Profitability Hinges on Commodity Prices
Published November 20, 2020
In early 2020, COVID brought travel restrictions, supply chain disruptions and a shift in consumer spending from restaurants to grocery stores. There were also lower ag exports. As the year finishes, all four conditions are improving. Federal Reserve Bank of…Recognizing Holst and His Commitment to Farm Broadcasting
Published November 20, 2020
Bill Holst of WNAX Radio in Yankton, South Dakota, received the National Association of Farm Broadcasting's Dix Harper Meritorious Service Award. Holst is a past chair of the NAFB Market and Promotion Advisory Board.The Future Direction for Trade Policy
Published November 20, 2020
Trade, climate change and a new administration were part of a post-election panel discussion during the virtual NAFB Convention. Under a Biden administration, Policy Solutions Principal Jay Truitt thinks the U.S. will change its trade policy with China, but not…Farm Groups Recommend Climate Policy for Biden Administration
Published November 20, 2020
When it comes to climate policy, the Food and Agriculture Climate Alliance is recommending a performance-based tax credit for carbon sequestration and a USDA-led Commodity Credit Corporation carbon bank. "There's a lot of authority and a lot of carbon sequestration…Farm Groups Ask Lighthizer to Deepen EU Trade Discussions
Published November 20, 2020
American Farm Bureau Federation, the U.S. Dry Bean Council, Farmers for Free Trade and other commodity groups are asking the Trump administration to deepen trade discussions with the EU. In a letter sent today, the groups request removal of tariffs…Northern Plains Basis Unchanged from Previous Week
Published November 20, 2020
Basis bids at the six regional grain elevators followed by the Red River Farm Network remain nearly unchanged from last week. Spring wheat basis bids range from 15 to 60 cents under the December futures contract. Corn basis ranges from…