Author: staff

By Gabriel Araujo SAO PAULO, June 30 (Reuters) – Brazil’s total corn production is expected to hit 130.6 million metric tons in 2024/25, agribusiness consultancy AgRural said on Monday, raising its forecast from the 128.5 million tons it projected earlier this month. The revision reflects higher estimates for the country’s second corn crop, AgRural said in a statement, bumping up its forecast to a record 103.4 million tons from the previous 101.5 million. Brazil’s second corn crop, which is set to account for about 80% of national output this year, is planted after soybeans are harvested in the same areas and mainly exported in the…

By Maximilian Heath BUENOS AIRES, June 30 (Reuters) – Dry, chilly weather over Argentina in the coming days is set to boost conditions for planting the country’s 2025/26 wheat crop, the Rosario grains exchange said on Monday, predicted higher than usual yields thanks to good levels of moisture in the soil. Argentina is a top world supplier of wheat, and the exchange estimates that this season will see farmers plant some 7.1 million hectares with the staple crop, up from 6.9 million hectares planted last season. The 2024/25 season had produced some 20.1 million tons of wheat, though Argentina’s largest ever wheat crop was…

By Mónica Cordero For April Hemmes, a fourth-generation farmer on land her family has worked for almost 125 years in north-central Iowa, life is guided by a simple philosophy: “Prepare for the worst and hope for the best.” It’s a mindset that has helped her navigate extreme weather, market shocks and trade disputes. But this year, Hemmes said, feels different: President Trump’s recent tariff hikes on nearly all major U.S. trading partners have escalated a trade war, fueling uncertainty that is hard to prepare for. “If there’s all this uncertainty out there, how can we plan? We need a path…

June 30 (Reuters) – Negotiators from more than a dozen major U.S. trading partners are rushing to reach agreements with U.S. President Donald Trump’s administration by a July 9 deadline to avoid import tariffs jumping to higher levels, and Trump and his team kept up the pressure on Monday. With only a limited deal with Britain completed so far, Trump has repeatedly threatened just to send a series of letters to trading partners identifying what their new tariff rate will be after the deadline, and Treasury Secretary Scott Bessent said the risk of tariffs going up next week is real. “We have countries that are negotiating in good faith, but…

By Kaori Kaneko and Chang-Ran Kim TOKYO, July 1 (Reuters) – Japan will not sacrifice the agricultural sector as part of its tariff talks with the United States, its top negotiator said on Tuesday, after President Donald Trump complained that the key Asian ally was not buying American rice. Trump’s comment, made in a social media post on Monday, comes as Tokyo scrambles to convince the U.S. to scrap a 25% tariff on Japanese cars and a 24% reciprocal tariff on other Japanese imports. The reciprocal tariff has been paused until July 9, but Japan has yet to secure a trade deal after nearly three months of negotiations. While the auto…

What Happened Corn, soybean, and wheat futures plunged this past week, reflecting continued good weather for growing conditions and harvest pressure for wheat. Soybean and wheat futures rallied into Friday, June 20, yet also managed to reverse and finish lower that same day. This technical activity likely encouraged those who bought at lower prices to exit. It is also likely that sell stops were triggered as prices descended, adding additional selling pressure. Corn futures declined despite losing 2 percentage points in the good/excellent category in the June 23 Crop Progress report. The overriding factors are: expected improvement in crop conditions…

What Happened Despite strong demand, the lack of inclement weather has limited selling opportunities this year, and time is running out for a weather rally. Producers were hoping for a spring weather rally that never materialized, but with planting delays, some are still hopeful for summer weather rally. Timely rains and lack of excessive heat have left traders assuming a bumper crop is on the horizon both here and in South America, keeping selling pressure in place. Since the end of April, December corn had been trading around $4.40 until recently, when it fell below $4.20. Soybeans managed a run…

Your education and experiences may match the job description requirements, but even if you seem perfect on paper, you need to enthusiastically articulate your skills to an interviewer. It’s time to get intentional about interview preparation. First impressions make a difference, so don’t overlook the importance of a professional wardrobe and a firm handshake. Beyond this, it’s up to you to shine verbally during the interview. According to an AgCareers.com survey of agricultural hiring managers and HR professionals, the best way candidates could stand out from the crowd is researching the organization before interacting. Where do you start? Candidates today…

In this episode of 15 Minutes with a Farmer, Scott Kuegel, a third-generation farmer from Owensboro, Kentucky, discusses the interesting history of his farm, the significance of family dynamics, his state yield contest win, and the importance of financial management in farming.  Listen to the Podcast Subscribe to 15 Minutes With a Farmer on Apple Podcasts, Spotify, or wherever you listen to podcasts. Please rate and review us! Scott Kuegel’s father named the farm after a nearby creek. Courtesy of Scott Kuegel Meet Scott Kuegel Scott Kuegel’s grandfather, a sharecropper, founded the family farm, which grew significantly under the management…

By Gary Schnitkey, Nick Paulson, Jonathan Coppess, and Carl Zulauf The Reconciliation Bills moving through Congress include proposals that would increase the number of base acres eligible for farm program payments. For farms that planted acreage to eligible crops from 2019–2023, base acres could be added to Farm Service Agency (FSA) farms if current base acres are exceeded by the sum of three acreage categories: Plantings (and prevent plantings) of covered crops from 2019–2023Plantings (and prevent plantings) to eligible non-covered crops from 2019–2023Unassigned cotton base acres. This proposal will add base acres, almost certainly up to the 30 million acre…