Farmers and others at the Commodity Classic annual gathering for corn, soybean, wheat and sorghum producers are trying to find some rays of light, especially in the face of declining prices.
Texas, Oklahoma and Nebraska all issued disaster declarations as dangerous weather conditions led to widespread, fast-moving wildfires that started early this week. Hundreds of thousands of acres had burned and several towns and counties had mandatory and voluntary evacuations, and were continuing to move people and livestock to safety. By Wednesday morning, one of the fires was already the second largest in Texas history as the Smokehouse Creek fire, which started on Monday, expanded from 40,000 acres Tuesday morning and then to 500,000 acres Wednesday morning.
Average retail fertilizer prices were mostly higher for the second week in a row with prices for six of the eight major fertilizers now up from a month ago and prices for the remaining two fertilizers down slightly. For the fifth week in a row, no fertilizer saw significant price moves in either direction.
Two federal safety agencies issued a safety advisory recently stating anhydrous ammonia nurse tanks manufactured by American Welding and Tank (AWT) of Fremont, Ohio, have the possibility of catastrophic failure. The advisory focused on tanks manufactured from Jan. 1, 2007, through Dec. 31, 2011.
India is the country of the future in terms of the greatest food import needs, while Brazil has become the country that the world depends upon for sugar, according to analysts at the International Sweetener Colloquium.
Ag's big grain commodity groups will all gather in Houston this week, while cattle country continues to discuss lighter placements and marketings. These are just a few of the things we'll watch for the week of Feb. 25.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million head on Feb. 1, 2024. The inventory was slightly above Feb. 1, 2023, USDA NASS reported on Friday.
The CEO of Summit Carbon Solutions told ethanol producers and farmers at the National Ethanol Conference in San Diego this week, that the company will do what it takes to push the carbon pipeline project across the finish line.
Forgiveness is important to all of us, but it is especially important, and often difficult and emotional, in a family business.
In its draft Herbicide Strategy released last year, EPA proposed changes to protect endangered species. A recent survey of soybean growers indicates the agency's plan likely would vastly and negatively alter agricultural production.
Green Plains, Inc. reported net income attributable to the company of $7.2 million in the fourth quarter 2023 compared to a net loss of $38.6 million during the same quarter in 2022.