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Bearish Numbers
Published January 12, 2024
USDA dumped a mountain of data on the marketplace Friday. U.S. corn production is estimated at 15.3 billion bushels. That’s up 108 million bushels from the last report. The average corn yield is 177.3 bushels per acre. That’s well above…CHS and GROWMARK to Consider Further Collaboration
Published January 12, 2024
Two of the largest farm cooperatives are looking for ways to work together. The board of directors for CHS and GROWMARK have agreed to explore opportunities for the two cooperatives to collaborate further. The two co-ops created a venture capital…Coalition Forces Respond to Houthi Attacks
Published January 12, 2024
A U.S.-led coalition has levied a series of attacks on the Houthi rebels in Yemen. These militant pirates have been attacking commercial shipments on the Red Sea. President Biden released a statement, saying the U.S. and its partners will not…Another Continuing Resolution Likely
Published January 12, 2024
Senate Majority Leader Chuck Schumer has filed for cloture on the continuing resolution. Cloture ends the debate and puts the issue on the congressional calendar. The clock is ticking with the money to fund several agencies, including USDA, will run…Foreign-Owned Ag Land Highlighted in SD State of the State Address
Published January 10, 2024
South Dakota Governor Kristi Noem delivered her State of the State Address to begin the new legislative session. Noem emphasized the importance of small government and promoting freedom. That includes issues impacting farmers and ranchers. "Last year, I brought forward legislation…MAP, FMD Funds Awarded
Published January 10, 2024
USDA is awarding more than $203 million to 70 ag groups to expand export markets. Nearly $175 million will be through the Market Access Program. That includes nearly $13 million for the U.S. Meat Export Federation, $8.6 million for the…Mato Grosso Crop Suffering
Published January 9, 2024
AgResource Company President Dan Basse is home after spending time in Brazil. "We did not like what we saw (in Mato Grosso), the crop is stunted, it's populated poorly and when we look at yield analysis, it's going to be 30-to-50…Farm Bill Timeline Offered
Published January 9, 2024
A farm bill won’t make it to the House floor until March at the earliest. House Agriculture Committee Chair Glenn ‘GT’ Thompson made that point at a farm show in his home state of Pennsylvania. Thompson said at least three…House, Senate Leaders Approve Spending Package
Published January 8, 2024
A $1.6 trillion spending package is on the table as the House and Senate return from their holiday break. Congressional leadership announced a bipartisan deal over the weekend. This is a framework agreement and lawmakers have less than two weeks…