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Author: staff
Today the USDA released the 34th Crop Progress report of the 2024 growing season. Winter Wheat Progress According to the report, as of Nov. 17, 94% of winter wheat across the top 18 growing states was planted. This was up from 91% the week prior but behind the five-year average of 96%. The USDA said 84% of winter wheat across the top growing states was out of the ground. This was up from 76% the week prior and on track with the five-year average. The report said as of Nov. 17 the condition of the winter wheat crop in the…
AGDAILY Bites Oregon’s first case has been documented, but no evidence of person-to-person transmission. California has seen five new cases. Nationally, there have been 508 HPAI outbreaks across 15 states this year. AGDAILY Discussion The Oregon Health Authority has reported the state’s first human case of highly pathogenic avian influenza H5, while California’s Department of Public Health announced five new infections among farm workers, bringing the state’s total to 26 since early October. Nationally, the Centers for Disease Control and Prevention has confirmed 52 human cases of H5 avian flu so far this year. The Oregon case, announced on their…
“How’s it going?” is a common conversation starter. I use the reply that Grandpa Nelson favored. “Steady by jerks,” I’ll say. This has never been truer than during my recovery from treatment for tonsil cancer. There are going to be repercussions whenever they slightly kill you with toxic chemicals and blast you with ionizing radiation. Think of Superman soaked in kryptonite. More than two months have passed since my last radiation. I was told that things would continue to get worse for the first two weeks. They weren’t kidding. My mouth and throat became so sore that the mere act…
Top Third Ag Marketing helps farmers become better agricultural marketers with the goal of marketing crops and livestock in the top third of prices. Mark Gold and his team provide AGDAILY.com with the latest information and a look ahead in their audio commentary. Listen here! https://www.agdaily.com/wp-content/uploads/2024/11/top-third-agdaily-2024-11-18.mp3 The post Markets in Minutes: Top Third looks ahead for week of Nov. 18, 2024 appeared first on AGDAILY.
December corn and January soybeans are both up 3¼¢ this morning. March wheat contracts are making double-digit gains. CBOT wheat is up 12¾¢. KC and Minneapolis wheat are up 13¾¢. Discussing gains wheat made in the overnight trade, The Brock Report said wheat was supported by “technically-driven short covering and fears the Ukraine-Russia war will escalate following President Biden’s decision to allow Ukraine to use U.S. weapons against targets inside Russia.” USDA announced new export sales this morning: India is buying 30,000 metric tons of soybean oil for the 2024/2025 marketing year.Mexico is buying 261,264 metric tons of soybeans for…
On November 8, 2024 International Short Video Competition “Mountain Tai Bringing Prosperity to the Nation” Field Trip was held in Tai’an, the city of the Five Great Mountains, located in Shandong Province. Following the launch ceremony, over 50 leading content creators, internet influencers, and renowned bloggers from various fields will be divided into three teams to embark on field study and creative endeavors. Team Mountain Tai meticulously explores the profound cultural heritage of Mount Tai and conveys this rich cultural essence to global audiences through the lens of the camera. Team Wen River showcased the historical heritage and…
If you pay any attention to social media, you’ve likely seen some memes poking good-natured fun at grain cart drivers. Despite the teasing, the auger wagon is an invaluable piece of equipment, moving grain and keeping combines running. Used units are available but not in huge quantities, and pricing remains stable. “Supply of auger wagons is a little tighter because it’s hard to find a good wagon,” says Mark Stock, co-founder and CEO of BigIron Auctions. “Grain carts have held their value, especially ones with a scale or with a tarp.” Recent Sale Prices A recent search of tractorhouse.com for 2020…
With little sign of a breakthrough on the farm bill in Congress, farm groups are shifting their attention to a proposed $21 billion bailout bill. Help is needed because high costs and lower commodity prices are sharply eroding farm income, they say. Analysts question whether the price tag for the proposed agricultural aid is too high to be accepted and say that in the relatively short lame-duck session under way, there may be room for only one piece of farm-related legislation. The overarching issue for lawmakers is funding the government past Dec. 20, when a stopgap spending law expires. “If…
1. Soybean Futures Higher in Overnight Trading Soybean futures were higher amid a weakening dollar after the greenback had risen to its highest level against a basket of global currencies in more than a year. The greenback was down 0.2% overnight, a slight reprieve after hitting the highest since October 2023, according to Marketwatch data. A weaker dollar makes U.S. goods more attractive to overseas buyers seeking dollar-denominated items including agricultural products. A stronger dollar does the opposite. The U.S. currency has been on the rise after Donald Trump was elected president on promises of imposing tariffs on imported goods.…
In 2024, the combine market has seen significant changes, marked by contrasting trends that reflect the broader agricultural equipment industry’s adaptation to shifting economic conditions. Key reports from equipment analysts reveal that while the market is adjusting to challenges such as surplus inventory, high interest rates, and shifting demand, there are also signs of increasing auction prices for specific models, signaling a complex and nuanced picture. Economic Pressures Impacting the Combine Market One of the most notable trends in the combine market in 2024 is the surplus of equipment. Following strong demand in the early 2020s, dealers are now grappling…