Top Agriculture News

USDA’s May WASDE report is about reconciling what the balance sheets will look like for the forthcoming marketing year. That’s the assessment of Mac Marshall, the vice president of market intelligence for the United Soybean Board. He talks about what the May numbers mean for the soy market. “We know that the area figure that […]

More timely rains across North and South Carolina has put us in pretty good shape, that according to North Carolina assistant state climatologist Corey Davis, who joins me now. A couple of systems made their way through over the past week. Tell us about those, Corey. “Yeah Mike, starting last Wednesday, really, we’ve had a […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Wheat and soybeans remain the most volatile of the row crops. Wheat is still watching Russian weather. Private analysts are trying to get a handle on how much damage has been done and how it will affect the […]

A series of robust tariffs announced by President Joe Biden are aimed at China. The duties include a 25 percent duty on electric vehicle batteries and the critical minerals to make them, a 25 to 50 percent tariff on solar panels, a 50 percent tariff on semiconductors, and a 100 percent tariff on manufactured EV’s. […]

The markup for House Ag Committee Chair GT Thompson’s farm bill will move ahead on Thursday despite scores from the Congressional Budget Office that raise questions. The CBO says the scores provided don’t amount to offsets that would allow the bill to be budget-neutral. That term means it wouldn’t cost more than the current spending […]

The USDA is allocating $300 million to 66 organizations under the new Regional Agricultural Promotion Program (RAPP). Ag Secretary Tom Vilsack says the agency launched RAPP in October 2023 to expand marketing opportunities overseas for American agricultural commodities. “We authorized $1.2 billion in Commodity Credit Corporation funding to help American agricultural exporters diversify their footprint […]

A recent article posted to the Farmdoc Daily website at the University of Illinois explores the economics of fungicide applications on corn and soybeans. In it, Carl Zulauf, an emeritus agricultural economist at The Ohio State University, and his University of Illinois Farmdoc team colleagues pulled information from more than 100 field trial yield studies for each of the two […]

Multiple free market and taxpayer advocacy organizations held a press conference about the upcoming farm bill. They’re concerned about proposals to increase farm subsidies in any new legislation. Josh Sewell, director of research and policy with Taxpayers for Common Sense, says the effort to massively increase reference prices is reckless. “Unfortunately, the draft Farm Bill, […]

WASHINGTON, DC – Congressman David Rouzer (NC-07) joined 119 of his colleagues on a bipartisan letter encouraging House Subcommittee on Labor, Health and Human Services (HHS), and Education appropriations leaders to include an H-2A visa guestworker wage freeze in upcoming government funding legislation. In a letter to House Subcommittee on Labor, HHS, & Education leadership, the Members […]

Some of America’s leading agricultural organizations are reacting to the House version of the farm bill put forth by Ag Committee Chair GT Thompson ahead of markup on Thursday. American Soybean Association President Josh Gackle believes the legislation will significantly enhance the effectiveness and accessibility of the farm safety net. The National Sorghum Producers say […]