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Author: staff
With the upcoming August 1 deadline approaching for new tariffs, the Trump administration has announced a wave of new trade agreements with key countries. These deals are expected to help American farmers, ranchers, and manufacturers by opening up international markets and avoiding high tariffs. According to a news release by the administration, the U.S. has reached trade agreements with the United Kingdom, Vietnam, Indonesia, Japan, and the European Union. Talks are also ongoing with other countries, like India and South Korea. “This colossal deal will enable U.S. farmers, ranchers, fishermen, and manufacturers to increase U.S. exports, expand business opportunities, and…
Hundreds of immigrant workers at a major pork processing plant in Ottumwa, Iowa, are facing abrupt job termination and possible deportation, following the rollback of U.S. immigration protections that once allowed them to live and work legally in the country. Ottumwa Mayor Rick Johnson addressed the city council on July 15, confirming that meatpacking giant JBS has begun meeting with workers originally from Haiti, Cuba, Venezuela, and Nicaragua to inform them that their jobs are being terminated. In those meetings, workers are told they must leave the country immediately, he said. The job losses stem from the expiration or revocation…
As of 9:06 a.m. CT, December corn was up 2¾¢ at $4.13¾ per bushel. November soybeans were down 2¢ at $10.07½ per bushel. September CBOT wheat was unchanged at $5.29¾ per bushel. September KC wheat was up 5¼¢ at $5.23¾ per bushel. September Minneapolis wheat was down less than a penny at $5.77. “I’m closely watching the July 14 lows for December corn and November soybeans, with front-month contracts continuing to post new lows and struggling to find support,” said Cole Raisbeck, commodities broker at Kluis Commodity Advisors. “New-crop contracts are now approaching these key [lows]: $4.07½ for corn and…
What Happened According to a recent article from World-Grain.com, global agricultural production is expected to increase 14% in the next decade. Figures cited are from the OECD-FAO (Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations) Agriculture Outlook for 2025–2034. The OECD-FAO Agricultural Outlook is an annual publication jointly produced by the OECD and the FAO. The publication provides an assessment of the prospects for global agricultural commodity markets for the upcoming decade. The FAO is headquartered in Rome, Italy, and has a presence in more than 130 countries. It is governed by…
Bayer has advanced its opportunities in the European Union by submitting registration applications for its herbicide icafolin-methyl, which the company says brings a novel mode of action to control emerged weeds on broadacre crops. The EU application follows recent applications in the United States, Canada, and Brazil, with the goal of launching Icafolin in 2028, with initial availability in Brazil. Icafolin belongs to a new chemical class providing unique properties that allow for lower dose rates, more targeted applications, and is expected to demonstrate an exceptional safety and sustainability profile. In addition, Icafolin is complementary to existing herbicides, such as…
1. Soybeans, Grains Little Changed on Mixed Weather Soybean and grain futures were little changed in overnight trading on mixed weather in varying parts of the U.S. Rainfall is expected in much of Iowa today into tomorrow with some counties in the center of the state potentially seeing severe conditions, National Weather Service maps show. Rain is also expected in western and northern Nebraska, and areas of northern Kansas. Still, extremely hot weather is forecast to continue through at least this afternoon with heat indexes reaching 108 to 110 degrees in southern Missouri and Illinois, the agency said. Those working…
In its latest Crop Progress report, USDA reported spring wheat harvest in three of the top states for the week that ended July 27. But as harvest picks up, the condition of the crop is declining. For the top spring wheat-growing states, the percentage of the crop rated good/excellent decreased for a third straight week and reached its lowest point of July. Here’s a closer look at how harvest is going in the three states reporting, plus the condition of the crop in each. Idaho Idaho’s spring wheat harvest reached 4% the week ending July 27, up from 1% the…
By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, July 29 (Reuters) – China’s appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said. The world’s biggest soybean importer has yet to book U.S. cargoes for the fourth quarter, with traders closely monitoring talks in Stockholm aimed at resolving longstanding economic disputes at the centre of the U.S.-China trade war. A slowdown in Chinese demand could pressure Chicago soybean futures Sv1, which are already down for a second…
By Saurav Rahman By limiting large-scale water exports from the state, experts and farmers said Missouri has taken forward-thinking measures to protect one of its most vital resources. According to them, it will benefit agriculture, industry, and municipal services in the coming years. Governor Mike Kehoe signed new legislation into law on July 14 that limits large-scale water exports from Missouri. The law, which takes effect Aug. 28, requires a permit for water exports and restricts withdrawals for export to within 30 miles of the state border. It also mandates annual reporting of water usage to the Missouri Department of Natural Resources.…
Powersports brand Polaris revealed its 2026 off-road vehicle lineup today and celebrated its 40th anniversary of building all-terrain vehicles (ATVs). The company said that the focus for 2026 was to “elevate rider confidence and experience for work and play,” and that means that changes have come to every segment of Polaris’ new lineup, including RANGER, RZR, and Sportsman. A highlight of Polaris’ 2026 offering is the all-new mid-size RANGER 500 side-by-side. Starting at a MSRP of $9,999, this utility vehicle is intended to usher in some workhorse DNA and reliability but at a price point that opens it up to…