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USDA: Electric Vehicles Force Ethanol Demand Lower
USDA: Electric Vehicles Force Ethanol Demand Lower
USDA: Electric Vehicles Force Ethanol Demand Lower
A new report from USDA's Economic Research Service suggests ethanol demand may decline with the rise of electric vehicles.  The Global Demand for Fuel Ethanol Through 2030 report suggests that global gasoline demand is expected to stagnate over the next decade, leaving changes in blend rates as the main determinant for future changes in fuel ethanol demand. ...
U.S. Wants Science From Mexico on GMO Corn Ban
U.S. Wants Science From Mexico on GMO Corn Ban
U.S. Wants Science From Mexico on GMO Corn Ban
Doug McKalip, the new agriculture trade boss in the U.S. Trade Representative’s Office, has given Mexico until Tuesday, February 14th, to explain the science behind the country’s planned ban on GMO corn imports.  Market Screener said the response will help the agency decide the next steps to resolve the long-running disagreement over Mexico’s biotechnology policies when it comes to agriculture.  T
Ukraine’s Exports Recover Under Black Sea Grain Initiative
Ukraine’s Exports Recover Under Black Sea Grain Initiative
Ukraine’s Exports Recover Under Black Sea Grain Initiative
According to ERS, Ukraine's corn and wheat exports have almost returned to seasonal-average levels since the summer of 2022.  The change follows the Black Sea Grain Initiative to reopen the Black Sea shipping routes.  Russia's invasion of Ukraine in February 2022 led to elevated security risks and infrastructure damage, causing Ukraine's seaports to be almost completely cut off from March through
China Continues To Purchase American Products
China Continues To Purchase American Products
China Continues To Purchase American Products
It was January 15th, 2020 when the U.S. and China signed the Phase One Trade agreement, which the Trump Administration said tore down major market barriers for American food and Ag exports.  The long-term hope was China would committee to buying even larger amounts of U.S. produc...
Idaho Cash Receipts Expected To Be Higher Than National Average
Idaho Cash Receipts Expected To Be Higher Than National Average
Idaho Cash Receipts Expected To Be Higher Than National Average
Total U.S. farm cash receipts are forecast to increase 24% in 2022 compared with 2021.  But total farm production expenses are also expected to be way up this year compared with last year.  Sean Ellis with the Idaho Farm Bureau Federation said the picture is a rosier in the Gem State.   “Idaho far...
USDA: Farmers Continue To See Strong Prices
USDA: Farmers Continue To See Strong Prices
USDA: Farmers Continue To See Strong Prices
In its report for ag prices during the month of November, the USDA said the plusses outweighed the minuses.  Resulting in the prices received index going up 4.5%, and jumping 23% when compared to November 2021.  The index of prices paid by farmers to do business showing no increase at all in November that index still 11% higher than a year ago.   When it co...

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