Author: staff

Just after 9 a.m. CT, December corn was down ½¢ at $4.29¾ per bushel. January soybeans were up 3¼¢ at $11.11 per bushel. “Corn, soybeans, and wheat are struggling [Friday] morning as pre-weekend and month end consolidation appears to be the primary trade goal,” said Karl Setzer, partner with Consus Ag Consulting. “The bullish reaction to the Chinese trade agreement has worn off as the trade waits for more details before altering positions. Trade is also hesitant to make big market moves without Chinese confirmation of the agreement.” December CBOT wheat was down 4¾¢ at $5.19½ per bushel. December KC…

By Maximilian Heath BUENOS AIRES, Oct. 30 (Reuters) – Late-season frosts have affected wheat fields in southern parts of Argentina’s agricultural heartland in recent days, the Buenos Aires grain exchange said on Thursday, adding that the full impact was not yet known. Argentina is a major global exporter of wheat, and the exchange estimates that wheat production in the current 2025/26 season will reach 22 million metric tons, which would be the nation’s second-biggest wheat harvest. Following weekend rains, a cold front “advanced over much of the agricultural south, currently going through a critical period,” the exchange said in its weekly crop report.…

By Trevor Hunnicutt and Eduardo Simoes KUALA LUMPUR, Oct. 26 (Reuters) – Brazil’s President Luiz Inacio Lula da Silva said he had a positive meeting on Sunday with U.S. President Donald Trump, and their respective teams will start “immediately” to discuss tariffs and other matters. Trump and Lula spoke on the sidelines of the ASEAN summit in Kuala Lumpur, Malaysia in a meeting to overcome tensions between Brazil and the United States after Trump increased tariffs on U.S. imports of most Brazilian goods to 50% from 10% in August. “We agreed that our teams will meet immediately to advance the search for solutions to the tariffs and…

While Jason Schmit and his brother were spreading manure on the family’s eastern Nebraska farm, a large chunk of rock flew and broke out the back window of the tractor. Schmit said that had never happened to them before. “Out of concern for the safety of the driver and machine, we decided to invest in a protective device,” he said. Commercially available protective screens seemed reasonable, but the brothers were concerned about glare from the tractor lights after dark, and general visibility issues while switching from the spreader to the box scraper and back.  Schmit decided to design and fabricate…

On Thursday, U.S. Treasury Secretary Scott Bessent announced that China will buy 12 million metric tons (mmt) of U.S. soybeans from now through January and is committed to buying 25 mmt annually for the next three years. The news came after a report Wednesday that China had purchased three U.S. soybean cargoes. Agriculture Secretary Brooke Rollins said of the news in a social media post that “Trump is fighting back and DELIVERING for American farmers!” Several agricultural groups were quick to celebrate the news. Here’s what they had to say.  National Groups  American Farm Bureau Association The American Farm Bureau…

The latest U.S. Drought Monitor map shows drought levels following last week’s widespread precipitation. Moderate to heavy precipitation — ranging from 1–3 inches, with isolated higher totals — fell across much of the Pacific Northwest, northern Intermountain West, and northern Great Plains, according to the U.S. Drought Monitor (USDM). Notable rainfall totals were also reported in parts of Michigan, New England, the Carolinas, central Great Plains, northern and central Texas, the Lower Mississippi Valley, and sections of Florida. More than 3 inches of rain was recorded in the higher elevations and coastal areas from northern California to the Canadian border.…

WASHINGTON, Oct. 29 (Reuters) – The U.S. Energy Department said on Wednesday it closed a $1.5 billion loan to Wabash Valley Resources, LLC for an Indiana fertilizer plant that will now be fired by coal. The project will restart a coal gasification plant idled since 2016 and modify it to produce 500,000 metric tons of anhydrous ammonia per year fueled by coal from a nearby mine and petcoke, a byproduct of oil refining, as feedstock, the department said. The loan aligns with a Trump administration policy to support coal, an industry that has shrunk in recent years due to competition from natural…

Image courtesy of Nationwide Insurance company Nationwide has awarded grain bin safety tools and training to 62 fire departments across various rural communities in the United States. Done through Nationwide’s Grain Bin Safety program, the company whittled down the selections from more than 750 nominations sent in via the 2025 Nominate Your Fire Department Contest. “With two rescues this summer, six in 2024, and a total of 15 lives saved since the program began in 2014, Nationwide’s Grain Bin Safety program continues to make a powerful and lasting impact in communities across the country,” said Brad Liggett, president of Agribusiness…

Norwegian soccer star Erling Haaland has gone viral in recent days for posting a video to his YouTube channel that depicts a day in his life — including his affinity for raw milk. While the eccentric athlete wouldn’t cause much of a stir by talking about his red light therapy for muscle repair, ice baths, and saunas, his take on raw milk and using it regularly in his coffee, has gotten people talking. If you’re not based in Europe or you’re not a soccer fan, you’d probably be forgiven for not being familiar with Haaland. The Norway native plays as…

WASHINGTON, Oct. 30 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing. Bessent said other countries in Southeast Asia have agreed to buy another 19 million tons of U.S. soybeans, but did not specify a timeframe for those purchases. “So our great soybean farmers, who the Chinese used as political pawns — that’s off the table, and they should prosper in…