The 2023 Prospective Plantings report finds farmers expect to plant more corn and soybeans this year than last year. According to USDA’s National Agricultural Statistics Service (NASS), producers surveyed across the United States intend to plant 92.0 million acres of corn in 2023, up 4% from last year, and 87.5 million acres of soybeans this year, up slightly from last …
Rabobank Analyst Sees Potential in SAF
The sky seems to be the limit for the future of sustainable aviation fuel (SAF) and can be a real opportunity for farmers, according to RaboResearch Senior Grains & Oilseeds Analyst Owen Wagner. Wagner was at Commodity Classic last week talking about how sustainable aviation fuel fits into the landscape for commodity demand. “This (SAF) is not just for vegetable …
Syngenta Seeks to Simplify Seed with GHX
At Commodity Classic last week, Syngenta announced a new way to buy seed, available first to farmers in Iowa and Illinois. “Seed Simplified” is the slogan GHX by Golden Harvest® has adopted for this new concept. “Basically it’s a simple way for farmers to buy seed…modern, simple and seamless,” said Morgan Dugan, Golden Harvest, commercial unit head Iowa and Illinois. …
NK Seeds Highlights 2023 NK Soybean Lineup
At Commodity Classic last week, NK Seeds was proud to talk about their soybean lineup for the 2023 growing season, offering trait choices farmers want and need, including Enlist E3® and XtendFlex® soybean technologies. “Now more than ever, farmers are looking for choices, along with trait flexibility and, subsequently, strong defensive agronomic traits,” says Jared Benson, Soybean Product Manager at …
Soybean CEOs United For Clean Fuels
The heads of several state soybean organizations and the American Soybean Association (ASA) sat down together at the first Clean Fuels Conference in Tampa this week to share their perspectives on the changing landscape for agriculture and clean fuels. Kansas Soybean Association CEO Kaleb Little moderated the conversation with ASA CEO Steve Censky, Iowa Soybean Association CEO Kirk Leeds, North …
Corn, Soybean and Cotton Production Down in 2022
Production for corn, soybeans and cotton all declined in 2022 compared to the previous year, according to the 2022 Crop Production Annual Summary from the U.S. Department of Agriculture’s National Agricultural Statistics Service. U.S. corn growers produced 13.7 billion bushels, down 9% from 2021. Corn yield in the United States is estimated at 173.3 bushels per acre, 3.4 bushels below …
Stakeholders React to EPA Biofuel Volume Proposal
The Environmental Protection Agency (EPA) has published its proposed rule to establish required Renewable Fuel Standard (RFS) volumes and percentage standards for 2023, 2024, and 2025, as well as to propose a series of important modifications to strengthen and expand the RFS program. Ethanol producers and corn farmers are generally pleased with the proposal, while soybean farmers and biodiesel/renewable diesel …
US Identity Preserved Brand Introduced in Vietnam
The U.S. Identity Preserved brand is now officially a global entity with its introduction this week at an event in Vietnam. The Specialty Soya and Grains Alliance (SSGA) met with buyers and food producers in Saigon to introduce the new international mark designating premium crops with verifiable origins and superior products from the U.S. “(SSGA) is here today to announce …
Corn and Soybean Crop Down from September
Corn and soybean production took another step down this month compared to September 2022, according to USDA’s latest Crop Production report. Based on conditions as of Oct. 1, corn yields are now expected to average 171.9 bushels per harvested acre, down 0.6 bushel from the previous forecast and down 4.8 bushels from 2021. Area harvested for grain is forecast at …
Land O’Lakes Project Receives USDA Climate-Smart Funding
Truterra, LLC, the sustainability business of Land O’Lakes, Inc., and American Farmland Trust (AFT), along with other partners, have received funding from USDA’s Partnerships for Climate-Smart Commodities forf a project aimed at scaling production and addressing equity. Truterra and AFT’s Climate SMART (Scaling Mechanisms for Agriculture’s Regenerative Transformation) pilot project intends to reduce greenhouse gas (GHG) emissions by approximately 7.2 …