April 16th, 2019 St Joseph Yellow Corn 3.43 – 3.45 White Corn no bid Soybeans 8.26 – 8.36 LifeLine Foods 3.51 Atchison Yellow Corn 3.53 – 3.63 Soybeans 8.28 Hard Wheat 4.02 Soft Wheat 4.05 Kansas City Truck Bids Yellow Corn 3.54 – 3.69 White Corn 3.72 – 3.78 […]
2018 Farm Bill Increases Limits and Makes Other Changes to Farm Loans
Higher limits are now available for borrowers interested in farm loans from the Department of Agriculture. USDA announced last week the increase would help farmers purchase farms or cover operating expenses. The 2018 Farm Bill increased the amount that producers can borrow through direct and guaranteed loans available through USDA’s Farm Service Agency, and made […]
U.S. Talking Trade with Japan This Week
Trade talks are underway between Japan and the United States this week as Trade Representative Robert Lighthizer meets with Japan’s Economic Advisor. Agriculture complaints are “front and center” according to Politico, ever since President Trump withdrew the U.S. from the Trans-Pacific Partnership. The Trump administration is expected to push for similar concessions for U.S. agriculture […]
USDA Announces Changes to Future WASDE Reports
The Department of Agriculture Monday announced changes to future World Agricultural Supply and Demand Estimates Reports. Starting with the May 10 issue, USDA announced price range forecasts will be eliminated in favor of single price points for all crops and livestock. USDA says the international Supply and Use tables for Crops will include an aggregate […]
Monday’s Closing Grain Bids
April 15th, 2019 St Joseph Yellow Corn 3.44 – 3.47 White Corn no bid Soybeans 8.37 – 8.47 LifeLine Foods 3.53 Atchison Yellow Corn 3.57 – 3.66 Soybeans 8.38 Hard Wheat 4.12 Soft Wheat 4.19 Kansas City Truck Bids Yellow Corn 3.58 – 3.73 White Corn 3.76 – 3.79 […]
Fewer Biofuel Waivers in the Future
In a statement sure to please ethanol backers, the U.S. Environmental Protection Agency may grant fewer waivers that exempt small refineries from the country’s biofuel policy. Reuters says EPA Administrator Andrew Wheeler feels that move can be made because lower prices for blending credits have made the cost of compliance lower. The administration’s recent use […]
U.S. Pork Still Pushing for Quick Trade Agreement with Japan
The U.S. pork industry is pushing for trade talks with Japan to get underway immediately. Politico says the industry is lobbying the administration to move quickly in striking a favorable deal. Nick Giordano (Jee-oar-DAH-no), vice president and counsel for the National Pork Producers Association, spoke during a recent media roundtable. He says the 11-nation CPTPP, […]
Trump, Senators Meet Regarding Stalled Disaster Aid
Senators from states that are still recovering from natural disasters met with President Trump at the White House to talk about stalled disaster aid. The House passed a bill that failed to advance in the Senate. Politico says the legislation has been bogged down for months over a dispute about U.S. aid to Puerto Rico. […]
Friday’s Closing Grain Bids
April 12th, 2019 St Joseph Yellow Corn 3.43 – 3.45 White Corn no bid Soybeans 8.33 – 8.43 LifeLine Foods 3.51 Atchison Yellow Corn 3.55 – 3.65 Soybeans 8.35 Hard Wheat 4.19 Soft Wheat 4.24 Kansas City Truck Bids Yellow Corn 3.56 – 3.71 White Corn 3.74 – 3.77 […]
House Ag Chair Backs One-Time Payment for Flooded Grain
Ag Secretary Sonny Perdue says farmers ought to be eligible for federal compensation for grain lost in flooded bins this spring. At nearly the same time, House Ag Committee Chair Collin Peterson called for a one-time payment to flooded grain operators. Insurance policies typically cover grain bins and the equipment needed to move the grain. […]