Trade was probably the top topic at NAFB Trade Talk last week and the U.S. Grains Council was more than ready to talk about it. Darren Armstrong, a North Carolina farmer who is currently serving as chairman of the council, discussed the need for Congress to ratify USMCA, the new agreement with Japan, potential for ethanol in China, and some …
WASDE Lowers Wheat, Corn and Soybean Forecasts
The latest World Agricultural Supply and Demand Estimates (WASDE) report from USDA has lower production and reduced use in the outlook for wheat, corn and soybeans. Wheat supplies are decreased 42 million bushels, based on updated production estimates for the states resurveyed following the NASS Small Grains Summary, issued September 30. Adjustments to production in these States, where significant acreage …
USDA Outlook Lowers Corn and Soybean Estimates
The October World Agricultural Supply and Demand Estimates out today from USDA lowered the 2019-20 production outlook for corn and soybeans. This month’s 2019/20 U.S. corn outlook is for slightly lower production, reduced exports and corn used for ethanol, greater feed and residual use, and lower ending stocks. Corn production is forecast at 13.779 billion bushels, down 20 million as …
Trade Factors in Future of Farming
Trade disputes, tariffs and negotiations are a significant factor when looking at the future of agriculture around the world. The Bayer Future of Farming Dialogue last week included a panel on trade featuring Iowa farmer and former president of the National Corn Growers Association Pam Johnson. Johnson says a free trade world is a necessity for agriculture. “Trade wars are …
Industry Reaction to Administration Biofuels Plan
Industry stakeholders reacted positively to the Trump Administration biofuels plan announced Friday, under which the Environmental Protection Agency will propose and request public comment on expanding biofuel requirements beginning in 2020 and on actions to ensure that more than 15 billion gallons of conventional ethanol be blended into the nation’s fuel supply, and that the volume obligation for biomass-based diesel …
EPA and USDA Announce Biofuels Agreement
Environmental Protection Agency (EPA) Administrator Andrew Wheeler and USDA Secretary of Agriculture Sonny Perdue issued joint statements on an agreement promoting biofuels under the Renewable Fuel Standard. “President Trump’s leadership has led to an agreement that continues to promote domestic ethanol and biodiesel production, supporting our Nation’s farmers and providing greater energy security,” said EPA Administrator Andrew Wheeler. “Today’s agreement …
Farmers and Ethanol Producers Need Relief Now
Ethanol producers and corn farmers held a telephone press conference Wednesday to spotlight recent research on the impacts of ethanol plant closings, a new survey on voter attitudes about ethanol, and a potential White House agreement to promote further renewable fuels use. The main message from Renewable Fuels Association President and CEO Geoff Cooper, new National Corn Growers Association President …
Ethanol Report on Crappie Masters Championship
2019 has been another winning year for the partnership between ethanol and crappie fishing. The Renewable Fuels Association (RFA) just wrapped up a third year as co-title sponsor of the Crappie Masters All American Tournament Trail with the national championship in Grenada, MS, concluding September 28. Missouri Corn Growers and the National Corn Growers Association have also both been closely …
Ag Groups Cheer Japan Agreement
Representatives for farmer and rancher organizations were present for a meeting with President Donald Trump and Japanese Prime Minister Abe in New York City as the two signed a trade deal Wednesday worth billions for U.S. agricultural producers. Under the market access agreement, Japan will open the market to approximately $7 billion in American agricultural exports, eliminating or significantly lowering …
Syngenta Excited About EU Approval of Agrisure Duracade®
At the end of July, Syngenta received highly-anticipated import approval for the Agrisure Duracade® trait (event 5307) from the European Commission. The approval covers corn grain and its derived products for food and feed use within the countries of the European Union (EU). At the 2019 Farm Progress Show, Syngenta Seeds Head of Marketing Eric Boeck said farmers are excited …