Author: staff

December corn is down 6¢ this morning. January soybeans are down 12¢. December CBOT wheat is down 8¾¢. March KC wheat is down 6¾¢. March Minneapolis wheat is down 3¢. “Corn, soybeans, and wheat are all trading lower again this morning, but losses are minimal compared to previous sessions,” said Karl Setzer, partner at Consus Ag Consulting. “A simple lack of fresh bullish news is the primary reason for the market pressure, as is building concerns over future U.S. trade relations. This comes even as the U.S. continues to make daily flash sales. The concern is on future demand though,…

AGDAILY Bites The two new products will be Kyber Pro herbicide and Sonic Boom herbicide. They join the previously announced Enversa herbicide for the 2025 growing season. Soybean growers are looking to overcome the challenges of a shifting weed control landscape. AGDAILY Discussion Corteva Agriscience has launched Kyber Pro herbicide and Sonic Boom — preemergence herbicide products that offer multiple modes of action and extended residual activity to help soybean growers maximize yield potential, while preventing and mitigating weed resistance. These two products join Enversa herbicide as new soybean residual options from Corteva that will be available for growers to…

Republican John Thune of South Dakota prevailed over two rivals in closed-door voting on Wednesday and will become Senate majority leader in January. A supporter of biofuels, Thune, No. 2 in GOP leadership since 2019, will be the first majority leader from a farm state since Democrat Tom Daschle, also from South Dakota, in 2002. “This Republican team is united,” Thune told reporters in a Senate hallway. With a 53-vote majority in the new session, Republicans will give the Trump administration “the tools and support they need to enforce border security laws and to remove the violent criminals who are…

By Nick Paulson, Gary Schnitkey, and Carl Zulauf The price discovery period for the Harvest Prices used to determine crop insurance indemnities for revenue products concluded at the end of October. The 2024 harvest price for corn is $4.16 per bushel, 50¢ or 11% lower than the projected price of $4.66. The 2024 harvest price for soybeans is $10.03 per bushel, $1.52 or 13% below the projected price of $11.55. The harvest price declines for corn and soybeans in 2024 are not sufficient to trigger individual farm revenue coverage payments even at the highest coverage level of 85%. Area revenue plans —…

According to the USDA Crop Progress report for the week ending Nov. 10, the country’s corn harvest progress reached 95% across top growing states. That’s 11 percentage points ahead of the five-year average.  With only 5% of the crop unharvested, farmers in the top 18 states have just 3.9 million more acres of corn to harvest. Here’s a map highlighting corn harvest progress in those 18 states and four major takeaways from the numbers. 1. Michigan takes Ohio’s spot as the state furthest ahead of normal progress.  Although Ohio held the spot for the four weeks prior, Michigan took the…

Off-highway tire manufacturer BKT has launched four new tires designed for modern agriculture.  The Agrimax Procrop is designed for sprayers and row crop usage. The company’s VF technology enables farm machinery to carry heavier loads at reduced inflation pressure with a wide footprint to help reduce soil compaction. A centrally closed tread and strong sidewalls provide high lateral stability. An open shoulder design improves traction on a variety of surfaces. The Agrimax Spargo SB is also designed for sprayers and row crops but is also suited for orchards and vineyards. A more open and higher tread pattern — made possible…

When 72 percent of youth said they seek support from adults in learning how to use AI tools correctly and with confidence, 4-H and Microsoft Corp. recognized there was an opportunity to step in and help skill up 1.4 million youth across the country for free through Minecraft Education’s new AI Foundations curriculum. The series of online animated videos offer materials designed to build AI literacy among students, educators and families across the country, including small and rural communities. Throughout the academic year, 4-H will lead “train the trainer” sessions for educators, enabling them to bring valuable real-world scenarios and…

The National Pork Producers Council is accepting 2025 Lois Britt Memorial Pork Industry Scholarship applications. Ten $2,500 scholarships are awarded annually to college students who intend to pursue a career in the pork industry with aspirations to become industry leaders. CME Group and the National Pork Industry Foundation sponsor the scholarships. “The strength of America’s pork industry lies in the hands of its future leaders,” said Lori Stevermer, NPPC president and pork producer from Easton, Minnesota. “The Lois Britt Memorial Pork Industry Scholarship plays a critical role in encouraging and empowering students to pursue careers in our industry, ensuring we…

As harvest nearly wraps up in Nebraska, here’s a look at the latest numbers from USDA, along with agronomist input on how this season went and some outlook for next year.  Corn and Soybean Harvest Progress Harvested corn in Nebraska reached 94% as of Nov. 10, an increase of four percentage points for the week. With that, Nebraska farmers are seven percentage points ahead of the average progress of the last five years. With 6% of the crop unharvested, there’s just 582,000 acres of corn left to run, according to USDA’s August Crop Production report.  As for soybeans, 99% of…

Illinois is nearly done with its corn and soybean harvests, according to the most recent USDA Crop Progress report released Nov. 12. While soybean harvesting is slightly ahead of five-year averages, corn is well ahead of schedule.  The Land of Lincoln is also nearly done planting its winter wheat crop.  Corn Harvest and Yield Illinois is 97% complete with its corn crop harvest as of Nov. 10, USDA said. This mark is 8 percentage points ahead of the five-year average. According to data reported in June’s USDA Acreage Report, Illinois has 322,500 acres left to be harvested.  With harvest almost…