Author: staff

By Ana Mano SAO PAULO, Jan 30 (Reuters) – Brazilian logistics firm Rumo RAIL3.SA said on Thursday a conveyor belt at a key grain transshipment station in Mato Grosso state caught fire in the small hours of the day. The fire occurred at a busy time in the season, when Brazil is harvesting a massive soybean crop and begins to ship it to importers like China. Rumo said the fire has been controlled and operations have resumed normally, without providing details. Eduardo Vanin, a soybean analyst with Agrinvest, said on a social media post that the Rumo facility is the…

By Jennifer Shutt WASHINGTON — A federal district judge ruled Tuesday the Trump administration must wait until at least next week before it can move forward with pausing federal spending on trillions in grants and loans, though she emphasized the short-term administrative stay might not continue after a Feb. 3 hearing. District Judge Loren L. AliKhan’s decision temporarily blocks the Office of Management and Budget from moving forward with plans to stop payments on multiple federal programs, which it announced late Monday. The two-page memo from the Office of Management and Budget announcing the freeze led to significant confusion throughout the day…

By Allison Kite Bayer pleaded with Missouri lawmakers Thursday, Jan. 23 to pass legislation critics say would shield the company from lawsuits claiming its glyphosate-based herbicide Roundup causes cancer. Representatives for Bayer argue the legislation would clarify labeling requirements and prevent courts from creating a patchwork of obligations for the manufacturer.  But environmental groups and attorneys for Roundup users who have become ill say the legislation would insulate the company from accountability and prevent sick customers from suing the company. They urged legislators not to protect Bayer over their constituents.  Bayer, which has its U.S. headquarters in St. Louis, is the only domestic producer…

by Amy Dalrymple The U.S. Senate voted Thursday to confirm former North Dakota Gov. Doug Burgum to lead the Department of Interior. During his confirmation hearing, Burgum emphasized a commitment to advancing U.S. energy production in President Donald Trump’s administration. The Senate confirmed Burgum on a bipartisan vote of 79-18, with support from North Dakota Sens. John Hoeven and Kevin Cramer, who championed his appointment. “Doug Burgum clearly understands the potential of our abundant, taxpayer-owned energy resources and will treat them as the strategic asset they are, including our oil, gas and coal reserves,” Hoeven said in a statement. Cramer said…

February 20 marks the 10th annual Give FFA Day during National FFA Week. This day is dedicated to making a difference in the lives of more than 1 million FFA members across the country and growing the next generation of leaders who will change the world. The National FFA Organization is a school-based national youth leadership development organization with the mission of helping students develop their leadership skills and explore career paths in agriculture. Funds raised on Give FFA Day support FFA and agricultural education on local, state, and national levels. During the 24 hours of giving on February 20,…

Grain prices closed in positive territory after a steady rally unfolded throughout the day. March corn was up 12¢ at the close settling at $4.97. Traders have been eyeing the $5 mark in March futures as a potential stopping point as the psychological level could stop the rally. Above $5, the next major upside target is likely the May 15 high at $5.08. March soybeans settled the day up 14¢ at $10.60. If the rally is going to continue, last Thursday’s high of $10.76 is the next upside target for the bull camp. The wheat complex was up 16¢–19¢, near…

March corn ended the day down 6¾¢ at $4.90¼ per bushel. According to the Grain Market Insider newsletter by Stewart-Peterson Inc., corn was impacted by technical selling and end-of-month positioning today. March soybeans closed down 16½¢ at $10.44 per bushel. Grain Market Insider said soybeans were “pressured by weak export sales and a steep decline in soybean meal.” This morning, USDA released the weekly U.S. Export Sales report and according to The Brock Report, net soybean sales were below trade expectations. More analysis from The Brock Report is below in the morning update. March wheat contracts closed higher. CBOT wheat…

DAILY Bites Tokyo University of Science developed a multi-camera system to track dairy cows, improving health monitoring and farm management. The system uses location-based tracking for higher accuracy and less stress on cows than wearable devices. Tests showed 90% accuracy, with plans to automate setup and enhance disease detection. DAILY Discussion Researchers develop a method to track dairy cows across a barn with multi-camera systems, improving accuracy High-quality milk remains in high demand, but managing the health of dairy cows is becoming increasingly challenging. To tackle this, researchers from Tokyo University of Science have developed an innovative location information-based technique…

Health and Human Services nominee Robert F. Kennedy Jr. came off a day during which he was hammered for more than three hours by members of the Senate Finance Committee. Today — testifying before the Senate Committee on Health, Education, Labor and Pensions — marked Day 2 in hearings on his path toward a confirmation vote, during which Kennedy said he will work to make sure farmers are full partners in any health approaches he implements. The HHS Cabinet position includes leadership over the Food and Drug Administration and the Centers for Disease Control and Prevention, both of which carry…

Kubota has revealed its newest track loader: the SVL97-3. This model brings refined and upgraded performance, comfort and serviceability features.  “The SVL97-3 is a more refined construction machine, pure and simple. It excels at moving dirt and utilizing a wide range of high flow attachments to get work done quickly,” said Jerry Corder, Kubota product manager. “The further development of the SVL97-3 includes many of the engineering updates of the SVL75-3 launched in 2023, and overall, we have received overwhelmingly positive feedback. For example, the swing-out radiator in the engine compartment is a small thing that will pay big dividends…