Low Prices Continue Pressure on Farm Income
Farmers are on track to harvest some of their biggest corn and soybean crops ever. The Federal Reserve’s Beige Book says the ongoing decline in commodity prices is putting farm income in questionable territory. “Regional Fed banks
Cattle on Feed Up 1% in July
(WASHINGTON D.C.)– According to the latest Cattle on Feed Report from USDA, the number of cattle on feed as of July 1st was 1% higher than last year. Cattle on feed, for feedlots with capacity of 1,000
Ag Spray Drone Distributors Form Coalition
A coalition of agricultural spray drone distributors is banding together to form a grassroots industry group. The move comes in response to proposed legislation aimed at banning drones manufactured by Chinese companies. The coalition consists of Agri
SAF Tax Credit Needs to Benefit U.S. Farmers
45Z is one of the tax credit provisions from the Inflation Reduction Act meant to boost the bottom line of farmers and ranchers while helping the U.S. reduce carbon emissions. Roger Cryan, chief economist for the American
Despite Low Demand, Fertilizer Prices Remain High
Fertilizer prices remain higher despite agriculture being past the high-demand spring season. Josh Linville of StoneX says that multiple global factors are the reason prices have stayed high. Lower European production is the first reason as skyrocketing
BQ-9000 Program Assures Quality Biofuel Production
The National Renewable Energy Laboratory released its seventh report documenting the quality of biodiesel from the U.S. and Canadian-based producers that participate in the BQ-9000 program. The comprehensive report details the quality of biodiesel based on monthly
Corn Sales for Overseas Delivery Declines
The USDA says sales of corn to overseas buyers declined during the week ending on July 11 while wheat and soybean sales rose. Corn sales for delivery in the 2023-2024 marketing year totaled 437,800 metric tons. That’s