Sens. Chuck Grassley, R-Iowa, and Sherrod Brown, D-Ohio, on Thursday introduced a bill to limit farm bill payments. The Farm Program Integrity Act would create a hard cap of $250,000 in total …
Grain News
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USDA’s first cost of production forecast for major field crops like corn, soybeans, wheat, cotton, rice, and others shows that input costs are expected to remain elevated into the next growing season. …
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Russia on Monday declined to extend the year-old agreement that has allowed Ukrainian grain to move out of Black Sea shipping ports, a move that immediately drove up commodity prices …
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Bearish Outlook Continues Driving Global Fertilizer Prices Lower
by Colter BrownRabobank says a bearish sentiment in the global markets continues driving fertilizer prices lower after an extended run of significantly higher costs. Samuel Taylor is the executive director of farm …
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A group of researchers from Montana State University, Colorado State University, Kansas State University, North Dakota State University, and the University of Nebraska-Lincoln along with the USDA-Agriculture Research Service are …
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Legislation Introduced to Improve Freight Rail Service
by Colter BrownU.S. Senators Tammy Baldwin, D-Wis., and Roger Marshall, R-Kan., reintroduced the Reliable Rail Service Act to help address the unreliable service and high costs of rail shipping for American businesses. …
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USDA Acreage Report Sends Corn Plummeting, Feeders Soaring
by Colter BrownThe 2023 June Acreage report from the National Agricultural Statistics Service (NASS) was a double shocker, with soybean acres sharply lower than trade expectations and corn acres sharply higher. Following …
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Indian Tariff Reduction Big Win for Pulse Crop Growers
by Colter BrownUnited States Trade Representative Katherine Tai announced that the United States and the Republic of India have agreed to terminate six outstanding disputes at the World Trade Organization. India also …
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Why would a U.S. wheat flour miller import wheat from outside of the U.S. and what does that mean for the U.S. wheat marketplace? Vince Peterson US Wheat Associates President explains …
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Rising Cost of Grain Storage May Force Elevators to Lower Bids, Widen Basis
by Andy SchwabThe cost of storing grain, commonly referred to as the cost of carry, has soared to record highs due to rising interest rates, high commodity prices and increasing costs for …