News
CONAB Drops Brazilian Corn and Soybean Production
Published February 9, 2024
Brazil’s crop supply agency, CONAB, lowered soybean production to 149.4 million metric tons in Thursday’s report. That is slightly lower than pre-report estimates. CONAB also lowered corn production to 113.7 million metric tons with safrinha corn at 88 million metric…Supply and Demand Estimates Released
Published February 9, 2024
USDA cut Brazil’s soybean production by one million metric tons 156 million in the February supply and demand report. Argentina’s soybean production is unchanged from January at 50 million tonnes. Brazil’s corn production was lowered by three million tonnes to…FMC Fiscal Year Revenues Down
Published February 9, 2024
For the year, FMC is reporting income of nearly $4.5 billion. That’s down 23 percent from 2022. Revenues were influenced by channel destocking in all markets and weather challenges in Brazil.U.S. to Import Less Mexican Sugar
Published February 9, 2024
In its monthly supply and demand report, USDA said the United States will import 799,000 short tons of sugar from Mexico. That’s down from 922,000 short tons in the last estimate. Mexico’s sugarcane harvest has been poor. The crop size…Wheat Management and ROI
Published February 8, 2024
To produce a successful wheat crop, WestBred Wheat Commercial Lead Jeff Koscielny says the crop needs to be managed throughout the season. "Variety selection is key, right? Picking the right genetics for the acre. Getting it to the right population, not…A Well Rounded Approach
Published February 8, 2024
Bayer hosted a national Cereal Experts event in the Twin Cities. Northern Plains Regional Business Lead Craig Rogers says a well-rounded approach is necessary for small grain production. "Number one, you want to get your crop in the field and then…An Economic Transformation on the Way
Published February 8, 2024
Demographics around the world are changing. Geopolitical strategist Peter Zeihan says this will cause a great disruption in how our economic systems function. “The world is running out of people under age 40,” said Zeihan. “This is the decade we’re…Lame-Duck Farm Bill Passage Could Avoid the ‘E’ Word
Published February 8, 2024
National Corn Growers Association Director of Public Policy Wayne Stopskof sat on a panel during the Northern Corn and Soybean Expo. Farm bill negotiations are still happening in Washington. “We’re hoping the appropriations process will finalize soon and allow floor…ASA President Provides D.C. Update
Published February 8, 2024
American Soybean Association President Josh Gackle of Kulm, North Dakota gave a policy update during the Northern Corn and Soybean Expo. Communicating the importance of updating and passing the farm bill this year is a focus for ASA. “It’s difficult…