soybeans

NASS is out with the latest grain summaries and stocks.   All wheat stored as of September 1st totaled 1.99 billion bushels, up 12% from a year ago.  On-farm stocks are estimated at 664 million bushels, up 11% from last September 2023, while off-farm stocks, at 1.32 billio...

The American Soybean Association and the National Oilseed Processors Association last week hailed the introduction of bipartisan, bicameral legislation to support renewable fuels produced from domestically sourced feedstocks.    The Farmer First Fuel Incentives Act, would restrict eligibility for the Section 45Z Clean Fuel Production Tax Credit to fuels produced from domestic feedstocks and make

As the experts have been predicting for some time the price situation for livestock producers is improving but things are going the other way for many crop producers.  The latest evidence of that coming in USDA 's price report covering the month of August.  It show...

The latest consumer price index data indicates a slowdown in inflation, which has dropped below 3% for the first time since 2021.  The Federal Reserve is expected to begin cutting interest rates this month, while longer-term interest rates have been falling for weeks.   ...

Registration is now open for the 2025 Clean Fuels Conference, the must-attend event for the biodiesel, renewable diesel, and sustainable aviation fuel industries. Hosted by Clean Fuels Alliance America, it takes place January 20-23, in San Diego, CA...

We now have the complete U.S. Ag trade numbers for the first nine months of this fiscal year October through June and the central theme running through it all.   “The continued cooling of U.S export values, which is really tied to the bulk commodities," said USDA economist Bart Kenner.   His la...

Midwestern farmers are planning to plant more corn and wheat this spring.  An Ag Access survey said farmers will add 27% more acres to corn and 32% more to wheat.  A smaller percentage, at 17%, says they’ll increase their soybean acres.   The s...

A tough budget environment and expected falling crop prices will make it even more challenging to write the next Farm Bill.  Senate Ag Republican Chief Economist John Newton said producers are facing soaring input costs, an unrealistic farm safety net and gloomy Congressional Budget Office crop projections.   “...

USDA’s March crop production reports and supply and demand estimates showed minor changes this week.  The U.S. orange production forecast rose slightly month over month, yet will still be down 25% year over year.    Turning to domestic commodity balance sheets, an upward adjustment in ending stocks for corn led to a decrease of 10 cents to the season ending average price, now at $6.60 a bushel. 

USDA analysts are projecting the producers will, this season, plant a combined 228-million-acres to corn soybeans and wheat, which would be the largest in nine years, up about 3% from 2022.  USDA economist Andy Sowell told the USDA's Outlook forum last week that growers will have plenty of incentive to produce this year.   “...