Articles tagged under: corn
Food vs. Fuel Shows Up Amid Russia-Ukraine Crisis
Published March 5, 2022
According to Reuters, the Biden administration is considering whether waiving the U.S. biofuel blending mandates could stabilize rising prices for food ingredients. Corn and soybean oil prices continue to increase since Russia invaded Ukraine. Reuters says there are concerns at…Cargill and Golden Growers Team Up as ProGold LLC
Published February 25, 2022
Cargill and Golden Growers Cooperative have an agreement to take over joint ownership of the ProGold corn processing plant at Wahpeton. Cargill, which has leased and operated the plant since 1997, is buying the shares from American Crystal Sugar Company.…More Soybeans and Wheat, Less Corn Acreage Forecast
Published February 25, 2022
USDA’s Prospective Plantings Report at the end of March will offer more insight into U.S. acreage. The USDA offered a sneak peek during the Ag Outlook Forum. "Eighty-eight million acres of soybeans, up a little from last year," said USDA…Market Prices Are All About Perception
Published February 18, 2022
Total Farm Marketing Senior Market Advisor Brian Doherty says perception is more important to the market than yield estimates of the Brazilian crop size. "You've got the USDA figures, you've got CONAB figures, you've got other private estimate figures. When…A Climate-Friendly Fuel?
Published February 16, 2022
A study published by the National Academy of Sciences claims corn-based ethanol is not a climate-friendly fuel. The research was funded by the U.S. Department of Energy and the National Wildlife Federation. It found ethanol is 24 percent more carbon-intensive…Many U.S. Farmers Have Spring Fertilizer Needs Locked In
Published February 10, 2022
CHS Hedging Director of Producer Brokerage Kent Beadle thinks many U.S. farmers already locked in their fertilizer needs for spring. "The combination of higher incomes made it wise for farmers for tax purposes to try and get some of those…South America Bottleneck Sending Business to United States
Published February 10, 2022
Van Ahn and Company CEO Jim Emter says there is a bottleneck in South America’s soybean exports. That's sending buyers to the United States. "Right now, the U.S. is cheaper than Brazilian soybeans out of the United States Gulf. You…USDA Makes Slight Changes to World Corn and Soy Production
Published February 9, 2022
USDA lowered world corn ending stocks from the January estimate of 303.1 million metric tons to 302.2 million metric tons. World Soybean ending stocks were lower from 95.2 million tonnes in January to 92.8 million tonnes. World wheat ending stocks…U.S. Corn Ending Stocks Unchanged, Soybean Carryout Lowered
Published February 9, 2022
USDA made no adjustment to U.S. corn ending stocks in the February Supply and Demand report, leaving corn ending stocks unchanged from January at 1.54 billion bushels. USDA did lower U.S. soybean carryout from last month by 25 million bushels…