News
Food Price Increases
Published December 28, 2022
A new USDA report shows retail food prices increased 8.9 percent in the first seven months of 2022. All 13 food categories increased by at least four percent compared to the historical average. Three food categories increased by more than…Wheat Seed Decisions Coming in Earlier Than Ever
Published December 28, 2022
Wheat seed buying decisions have moved earlier and earlier in the year. "Farmers are planning their whole farm so they're making their corn hybrid decision, soybean variety decision and wheat decision all at the same time," explains WestBred Cereal Account…Crop Insurance Will Face Criticism During the ’23 Farm Bill Debate
Published December 28, 2022
The farm bill debate will begin soon after the new Congress organizes in the weeks ahead. Will Stafford is CHS’ representative in Washington, D.C. and expects to see a familiar theme during the farm bill process. "There will always be…Mosaic Offers Two Biological Solutions
Published December 28, 2022
To this point, the crop nutrition focus has been on macro and micronutrients. Mosaic Global Agronomy Director Matt Sowder said the company's philosophy is moving from advanced crop nutrition to a balanced approach. "There are a lot of people in…Russia Seeks New Trade Route
Published December 28, 2022
Russia is building a new transportation trade route to the Indian Ocean, through Iran. This 1,900-mile rail route will help Russia serve Iran, India, the Middle East and Africa. With this deal, Russia can also avoid trade sanctions.Ten States Seek Year-Round E15 Use
Published December 28, 2022
Missouri is joining nine other Midwestern states asking for the ability to use E15 year-round. Minnesota and South Dakota are two of the other states seeking approval from the Environmental Protection Agency.ACE Talks Climate and Farm Bill
Published December 27, 2022
The American Coalition for Ethanol won't shy away from talking about climate change according to ACE CEO Brian Jennings. "We want to make it clear to policy makers on the state, national, and globally that corn ethanol is part of…What’s Hot, What’s Not in the Markets
Published December 27, 2022
The cattle market continues to be one of the positive aspects of the marketplace, especially with live cattle futures at levels not seen since 2015. In this edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management…Omnibus Appropriations Bill Signed
Published December 27, 2022
President Joe Biden has signed the $1.7 trillion omnibus spending bill. The bill includes $3.7 billion for crop and livestock losses that happened this past year. There’s $2.2 billion for international food assistance and promote U.S. agricultural products overseas. USDA…