Sep 12
Allendale’s Rich Nelson joined associate farm reporter Carli Davenport to break down the latest USDA report, which delivered a mixed bag for corn, soybeans, wheat, cotton, and livestock markets. Wheat: Watching Russia CloselyThe wheat market’s focus has shifted overseas. Russia’s crop has been consistently revised higher by private analysts, with estimates now around 87 million …
May 12
The agricultural markets absorbed the latest World Agricultural Supply and Demand Estimates (WASDE) report released today by the USDA, revealing some unexpected figures in its initial outlook for the 2025 crop year. Rich Nelson from Allendale joined Farm Director KC Sheperd to break down the key findings Wheat Production Surprises to the Upside: The wheat …
Nov 10
Congressman Max Miller (R-OH) and a bipartisan group of representatives have introduced the Farm to Fly Act, aiming to create new markets for American agricultural products and strengthen domestic energy resources. The bill focuses on fostering the development of sustainable aviation fuel within existing USDA programs, ensuring clarity in eligibility criteria, and promoting collaboration. Miller …
Jul 12
USDA on Wednesday, July 12, lowered the corn yield estimate to 177.5 bushels per acre (bpa) after bumping up its acreage estimate, but the July World Agricultural Supply and Demand Estimates (WASDE) still forecasts a record corn crop at 15.32 billion bushels (bb). USDA lowered the soybean ending stocks forecast for the new-crop (2023-24) season …
May 26
Celebrations were in order at the $732 million Lock and Dam #25 expansion May 18 groundbreaking ceremony at the Winfield, MO, site. The funding for the project is part of the Navigation and Ecosystem Sustainability Program (NESP), which will include construction of a new 1,200-foot lock chamber adjacent to the existing one. The lock will …
May 19
On Tuesday, May 23, the House Transportation and Infrastructure Committee will consider over 15 individual pieces of legislation related to supply chain issues. Several provisions within Rep. Dusty Johnson’s (R-SD) SHIP IT Act—legislation that ASA endorsed—will be under consideration. Bills include: Specifically looking at the weight exemption pilot program, increasing weight limits remains a top …
Apr 07
This week, ASA submitted comments to EPA on a draft Endangered Species draft biological evaluation for the insecticidal active ingredient cyantraniliprole. While the active ingredient has been registered for agricultural uses since 2014, both foliar and seed treatment uses in soybeans are relatively new and have only been available since late 2018. In November 2022, …
Mar 24
Yesterday, the Biden-Harris administration announced new goals and priorities to advance American biotechnology and biomanufacturing. This follows President Biden’s September 2022 executive order to advance a national biotechnology and biomanufacturing initiative. The EO contained many provisions important to American soybean farmers, including actions that will support improved markets for biobased products, create greater access to …
Mar 08
As expected by the grain trade, USDA on Wednesday lowered corn export demand 75 million bushels (mb) and also bumped up ending stocks for the crop by 75 mb as well. USDA trimmed soybean ending stocks to 210 mb, 15 mb from last month’s estimate. USDA lowered its crush estimate by 10 mb but raised …
Mar 06
The soy checkoff, American Lung Association and U.S. Department of Agriculture recognize city fleet leaders ahead of National Biobased Products Day on March 8. ST. LOUIS (March 3, 2023) — U.S. soybeans support cleaner environments and climate change initiatives in some of the nation’s most populous cities. The Biobased Academy® is one partnership that goes …
