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Ag department awards $1.6 million in grants
With 2026 seeding decisions on many producers’ minds, IntelliFarm’s Brian Voth offered a sobering, clear-eyed take on commodity risk right now: China's nearly 76 per cent tariff on Canadian canola is a make-or-break factor for acreage decisions. For soybeans, the lack of U.S. buying by China weighs heavily on farmers' minds south of the border,... Read More
Scoular, an agribusiness based in Omaha, NE, opened an oilseed crush plant in Goodland, KS last fall (the fall of 2024). Jeff Frazier, Scoular's Market Development Manager, gives an update about how this plant has performed and grown, and what they expect for next season. He shares how Kansas farmers have benefitted from this revitalized venture and how the growing renewable fuels industry can be something that agriculturists capitalize on. Find more information about the Goodland Crush facility here or reach out to Jeff Frazier personally at jfrazier@scoular.com.
Join RaboResearch oilseed analysts as they unpack how evolving US biofuel mandates and global geopolitics are reshaping oilseed, vegetable oil, and meal markets. A surprising policy shift in the US has sent ripples across the globe, offering long-term demand support to the oilseed industry — assuming all else remains equal. RaboResearch Disclaimer: Please refer to our Australian RaboResearch disclaimer at https://www.rabobank.com.au/knowledge/disclaimer, our New Zealand RaboResearch disclaimer at https://www.rabobank.co.nz/knowledge/disclaimer, and our Global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011410028/disclaimer for information about the scope and limitations of the Australian, New Zealand, and Global RaboResearch material published on the podcast.
Adam Moritz, Alliance Grain Co.; Jim Donnelly, DeKalb Asgrow technical agronomist, northern IL
Show Highlights: Discover the origins and key role of NOPA in oilseeds. [05:04] The latest science vs. sentiment conversation on seed oils in food. [09:01] Are seed oils ultra-processed as the MAHA Commission asserts? [11:12] Why clear policy signals from RVOs and 45Z tax credits are critical. [18:54] How 45Z policy changes will directly benefit domestic farmers and producers. [21:38] Will the 45Z extension revive soybean crush capacity? [25:47] Sunsets, uncertainties and policy shocks behind plant closures in ag. [29:31] Is RVO an artificial demand driver? [33:59] What long-tail risks to U.S. export competitiveness are likely from the trade war with China? [46:21] How to follow or connect with NOPA. [54:13] If you are interested in connecting with Joe, go to LinkedIn: https://www.linkedin.com/in/joemosher/, or schedule a call at www.moshercg.com.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 GFS Turns Dry3:13 Wildfire Smoke6:38 Ag Barometer8:59 Ukraine Grain Update10:20 White House and Trade
A tour highlighting research, cultivars under development and best management practices pertaining to the state's canola industry.
Following interest from growers, Canterbury-based Pure Oil NZ has successfully trialled spring-sown oilseed rape using new imported varieties. In this episode of Cut the Crop, Pure Oil agronomy manager Keith Gundry tells Alison Stewart that sunflower yields and planting areas are also increasing.See omnystudio.com/listener for privacy information.
Family farm bankruptcies increased by 55% last year and are trending even higher this year, and U.S. egg production totaled 8.63 billion in March 2025, a 7% drop from the same month last year.
With global prices falling, what lies ahead for local farmers? Absa's experts join Ivor Price to reveal key strategies for staying competitive in a tougher market.Download the Absa AgriTrends Autumn 2025 here: https://bit.ly/4cjfvwE
Join Vitor Pistóia and Paul Joules as they discuss the USDA's new report on US planting expectations, highlighting significant drops in cotton, wheat, and soybean area, and the impact of geopolitics and weather on global agricultural markets at the start of 2025. RaboResearch Disclaimer: Please refer to our Australian RaboResearch disclaimer at https://www.rabobank.com.au/knowledge/disclaimer, our New Zealand RaboResearch disclaimer at https://www.rabobank.co.nz/knowledge/disclaimer, and our Global RaboResearch disclaimer at https://research.rabobank.com/far/en/footer/disclaimer.html for information about the scope and limitations of the Australian, New Zealand, and Global RaboResearch material published on the podcast.
This week Will and Ben check in on inflationary measures and USDA's updated supply and demand numbers.Market recap (changes on week as of Friday's close): » May 2025 corn down $.11 at $4.58» December 2025 corn down $.03 at $4.51» May 2025 soybeans down $.09 at $10.16» November 2025 soybeans down $.07 at $10.18» May soybean oil down 1.83 cents at 41.59 cents/lb» May soybean meal up $9.40 at $305.90/short ton» May wheat up $.06 at $5.57» July 2025 wheat up $.08 at $5.73» May 2025 cotton up 1.30 cents at 67.37 cents/lb» December 2025 cotton up $1.52 at 69.98 cents/lb » May WTI Crude Oil up $.18 at $66.96/barrel Weekly highlights:US job openings in January were reported at 7.7 million jobs- that was up from a two year low of 7.5 in December 2024.The Consumer Price Index (CPI) was reported up at 0.2% month over month vs expectations of increasing 0.2%. The annual CPI increased 3.1% vs 3.3% last month and expectations of 3.2%.The Producer Price Index (PPI) was flat month over month in February- below expectations of 0.3% growth. The annual PPI was reported at 3.2%- down from 3.7% in January.The Preliminary Consumer Sentiment value fell harder than expected in March. Consumers have concerns about economic health and high levels of future inflation.US retail sales were up 0.2% in February compared to January, but below the 0.6 growth expectations. Year over year retail sales are up 3.1%.USDA left the corn and soybean balance sheets virtually unchanged this month- the exception being a 15-cent decline in the season-average price for soybeans. Sorghum demand categories continue to change, and wheat saw reductions in demand and price.US crude oil stocks were up 60.8 million gallons while gasoline and distillate fuel stocks were down 241 and 65.5 million gallons, respectively. Implied US gasoline demand was up 3% from last week and up 8% compared to the prior four week average.US ethanol production pulled back to 312 million gallons- down from 321, but up from 301 last year and the five-year average of 296 million gallons. Ethanol stocks increased 3.7 million gallons but remain just below the all time record set in April 2020 at the start of the Coronavirus pandemic.The National Oilseed Processors Association reported their members crushed 177.9 million bushels of soybeans in February- below all pre-report estimates.Weekly grain and oilseed export sales were neutral to bullish on the week- corn sales of 38.1 million bushels were in line with pre-report expectations but up from the week prior. Soybean and wheat export sales of 27.6 and 28.8 million bushels, respectively were both above all pre-report expectations. Sorghum sales were healthy at 1.3 million bushels. Rice sales fell to a 5-week low at 0.7 mil. Cwt.Open interest in futures and options of grains and oilseeds was up 0.3% week over week. Producer and merchants reduced their net short position 71,035 contracts, while money managers were net sellers again this week- increasing their net short position. Weekly grain and oilseed export inspections were solid this week. Corn and soybean inspections of 65.3 and 23.8 million bushels were both within range, while wheat inspections of 18.1 million bushels were bullish- above all pre-report expectations. Topics:» Market recap» Checking inflation measures» USDA updates its supply and demand estimates» Oilseed crush comes in below expectations» Reports to watchConnect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The corn, wheat and soybean markets aren’t where they were a year ago. The average price received by farmers for corn during December 2024 in Minnesota was $4.22 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. See omnystudio.com/listener for privacy information.
Join RaboResearch analysts Vitor Pistoia and Pia Piggott as they discuss what is going on with grains and oilseeds around the globe. RaboResearch Disclaimer: Please refer to our Australian RaboResearch disclaimer at https://www.rabobank.com.au/knowledge/disclaimer, our New Zealand RaboResearch disclaimer at https://www.rabobank.co.nz/knowledge/disclaimer, and our Global RaboResearch disclaimer at https://research.rabobank.com/far/en/footer/disclaimer.html for information about the scope and limitations of the Australian, New Zealand, and Global RaboResearch material published on the podcast.
On this week's show we chat to Drummond's agronomist Brian Reilly in the north east on the harvest and planting. We have all the latest tillage news from harvest and cover crops to whiskey files, along with the grain market and weather reports. The Tillage Podcast is supported by Bayer Crop Science. Hosted on Acast. See acast.com/privacy for more information.
Four cases of bluetongue have now been confirmed in sheep on farms in Norfolk and Suffolk. The virus, which is spread by biting midges blown into the UK from northern Europe, is currently widespread in the Netherlands with further cases in Germany and Belgium. As well as sheep, it affects cattle, goats, deer and camelids but not humans, nor does it pose any risk to the food chain. Harvest is in full swing for many farmers and we've been seeing how it's going all week. In Cornwall on the Tregothnan Estate they're harvesting tea with a solar-powered robotic tea picker.Oilseed rape can be high risk: pests like cabbage stem flea beetle can wipe out a crop, and some pesticides which growers once relied on are now banned. We hear from a farmer in the Cotswolds who, in spite of the challenges, has created a booming business selling cold pressed rapeseed oil as a British alternative to imported oils. We announce our Farming Today finalists in the 2024 BBC Food & Farming Awards.Presented by Caz Graham and produced by Beatrice Fenton.
This week Will and Ben discuss the outlook for harvest time grain marketing decisions.Market recap (changes on week as of Monday's close): » September 2024 corn down $.16 at $3.62» December 2024 corn down $.14 at $3.86» September 2024 soybeans up $.03 at $9.59» November 2024 soybeans up $.04 at $9.80» September soybean oil up 1.23 cents at 41.70 cents/lb» September soybean meal flat at $312.10/short ton» September 2024 wheat down $.30 at $4.98» July 2025 wheat down $.26 at $5.63» October cotton up 2.60 cents at 70.58 cents/lb» December cotton up 1.58 cents at 70.26 cents/lb» September WTI Crude Oil up $2.77 at $77.14/barrelWeekly highlights:Fed Chair Jerome Powell announced that “the time has come for policy to adjust”. The markets were pleased, and the Dow Jones has largely returned to near record levels.US energy stocks were down across the board last week. US crude oil minus the strategic petroleum reserve, gasoline and distillate fuels were down 195, 67, and 139 million gallons respectively. Implied gasoline demand was up 2% week over week.US ethanol production increased to 323 million gallons compared to 315 million gallons the week prior and 308 and 286 million gallons on average. Ethanol stocks increased just slightly by 9 million gallons.Open interest in Chicago commodities was up for Chicago wheats (+0.1%) and soybean oil (+3.0%) while down for corn (-1.7%), soybeans (-2.6%), soybean meal (-1.3%), cotton (-1.3%), and rough rice (-2.7%).Managed money futures and options positions saw further selling to increase net shorts in corn and soybeans by 8,889 and 8,311 net positions, respectively. They were net buyers of wheats by 17,808 to reduce the net short.Cattle on Feed as of August 1 was reported at 11.095 million head- or 100.3% of last year. The estimate was slightly ahead of the 100.0% trade estimate. Placements of 105.8% were above the 103.2% trade estimate with marketings of 107.7% slightly below the 108.1% expectation.US Grain and Oilseed export sales for 2023/24 corn, soybeans, and sorghum were bearish. Corn sales of 4.7 million bushels again this week matched a marketing year low. Soybean had negative net export sales of -1.6 million bushels. Export sales for 2024/25 were strong for corn and soybeans at and 50.8 and 61.6 million bushels. Cotton and rice sales were minimal at 0.1 million bales and 0.4 million cwt, respectively.US grain and oilseed exports were up week over week for soybeans, grain sorghum, and wheats while down week over week for corn. Everything was within expectations.The Canada Industrial Relations Board ordered an end to the Canadian railway strike Saturday bringing back CPKC workers after CN employees reached an agreement last week.The Pro Farmer tour estimated US corn and soybean yields at 181.1 and 54.9 bushels/ acre, respectively. These compare to 172 and 49.7 bushels per acre in 2023.US corn conditions dropped two good to excellent points on the week to 65%. The trade was expecting a 1 percentage point decline.US soybean ratings at 67% good to excellent were down 1 point on the week as expected.US cotton conditions decreased 2 points to 40% good to excellent compared to 33 this time last year.The spring wheat crop decreased 4 points to 69% and 3% below expectations.Topics:» Market recap» Storing versus marketing grain» Operating below breakeven» Reports to watchConnect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week Will and Ben analyze the impacts of two major logistic hurdles to North American agriculture.Market recap (changes on week as of Monday's close): » September 2024 corn down $.05 at $3.78» December 2024 corn down $.01 at $4.00» September 2024 soybeans down $.15 at $9.56» November 2024 soybeans down $.10 at $9.76» September soybean oil down 1.01 cents at 40.47 cents/lb» September soybean meal up $5.70 at $311.70/short ton» September 2024 wheat down $.08 at $5.28» July 2025 wheat down $.07 at $5.89» October cotton down 0.31 cents at 67.98 cents/lb» December cotton down 0.39 cents at 68.68 cents/lb» September WTI Crude Oil down $5.29 at $74.37/barrelWeekly highlights:Last week's economic data showed that annualized inflations continue to slow but there were month over month gains, US retail sales remain strong, housing starts slowed, and consumer sentiment increased.US crude oil stocks increased 57 million gallons on the week -all other energy stocks were lower, gasoline, distillate and ethanol stocks were down 122, 70 and 17 million gallons respectively. Gasoline demand increased 1% week over week and is up 2% from the same week last year.US ethanol production increased slightly to 315 million gallons- up from 314 million the week prior and the year prior.The National Oilseed Processors Association (NOPA) reported their members crushed 182.9 million bushels of soybeans in July- a record for July. With one month to go- cumulative crush is up 5% year over year compared to USDA estimate of 3.5% growth.Open interest in Chicago commodities was up for corn (1.1%), soybeans (8.2%), soybean oil (2.4%), soybean meal (5.0%), cotton (1.4%), and rough rice (3.2%) while down for Chicago wheats (-4.2%).Managed money futures and options positions increased their net short positions having net sales of 50,258 contracts across the grains and oilseeds. Money managers sold off 41,230 net positions of soybean meal contracts- the largest single week decline. Money managers were also net sellers of corn (-6,462), soybeans (5,431), and soybean oil (-1,004). They were net buyers of Chicago wheats (1,258), cotton (2,570), and rough rice (41).US Grain and Oilseed export sales for 2023/24 corn, soybeans, and sorghum were bearish. Corn sales of 4.7 million bushels was a marketing year low. Export sales for 2024/25 were strong for soybeans at 49.4 million bushels while bearish for all wheat and cotton at -2.5 million bushels and 0.1 million bales respectively.US grain and oilseed export inspections were neutral to bullish on the week with corn, soybeans, and grain sorghum all up week over week and near the top of expectations. Wheat exports of 12.8 million bushels were half what they were the week before and on the low end of expectations.US corn and soybean conditions ratings were unchanged on the week and matched expectations at 67% and 68% respectively.US cotton conditions decreased 4 points to 42% good to excellent.The spring wheat crop increased 1% to 73% when expectations were for it to fall 1%.Topics:» Market recap» Pro Farmers crop tour» Canadian rail strike potential» Low Mississippi River levels» Record soybean crush» Reports to watchConnect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The ideal time to plant oilseed rape is in the next couple of weeks and so Shay Phelan and Ciaran Collins, Tillage Specialists in Teagasc, join the Tillage Edge this week to chat about the variety choice and best practice for good establishment. Oilseed rape comes with a lot of in-built genetic technology which Shay says will help to achieve high yields but he cautions that growers should carefully choose the correct variety for their area with disease resistance and pod shatter resistance being very important. For more episodes and information from the Tillage Edge podcast go to:https://www.teagasc.ie/crops/crops/the-tillage-edge-podcast/ Produced on behalf of Teagasc by LastCastMedia.com
Scoular, an agribusiness based in Omaha, is opening an oilseed crush plant in Goodland, KS in Fall 2024. Jeff Frazier, Scoular's Market Development Manager, talks about how this will create value for Kansas farmers and how the growing renewable fuels industry can be something that agriculturists capitalize on.
Members of the American Association of Feed Control Officials are scheduled to vote early next month on hemp seed meal as an ingredient for laying hens. Pretty standard stuff, according to the group's executive director, Austin Therrell. “It's one of the big things that our association does to promote harmonization and uniformity when it comes to defining ingredients and ingredient standards that all the state regulators across the U.S. recognize,” he said. Therrell is one of the guests on this week's hemp podcast who weighs in on the planned vote, which has the potential to crack open the market for hemp seed meal, albeit a very small crack. Oilseed crops in general need a secondary market for the byproduct — the cake or meal — of crushing seeds for oil. Hemp seed has been used as an animal feed for thousands of years, but because it was prohibited in the U.S. when the feed control systems were put in place, it has remained illegal to feed to commercial livestock. The association's vote in August has the potential to change all that by allowing commercial flocks of laying hens to be fed hemp seed meal. For Nebraska farmer and equipment manufacturer Andrew Bish, laying hens are a good start, but just the tip of the iceberg when it comes to opportunity. One of the reasons Bish got involved in hemp was to help create a new rotational crop opportunity for farmers. “Egg-laying chickens is 670,000 needed acres of hemp just to satisfy 5% of the egg laying chicken population,” he said. But that's not enough to be a rotational crop. “Start to add in beef cattle and broiler chickens,” he said, “and now we're talking about needing over 7 million acres.” “That is a true rotational crop opportunity. That's a big deal. That's a big deal for corn farmers. That's a big deal for soybean farmers. That's a big deal for wheat farmers.” Bish is the president of the Hemp Feed Coalition, the group that is spearheading the initiative to get hemp meal approved for layers. But not everyone is happy with the proposed ingredient definition. What's the issue? You guessed it: Cannabinoids. The proposed ingredient definition caps allowable THC at 2 parts per million and 20 parts per million for CBD. The feed control association received letters from hemp advocacy groups around the world to express their concerns, including groups from Canada, Australia, Europe and the United States. Lancaster Farming requested to see the letters and AAFCO obliged. Some letters were in support of the new definition, but others telegraphed fear that these cannabinoid limits will set a worldwide precedent and disrupt current and future markets because producers will have trouble consistently meeting the new definition. Those against the new definition would like to see the THC limit raised to 10 parts per million and the CBD limit removed altogether. Those in favor of the definition recognize the years of work it took to get hemp seed meal this close to any kind of approval, which will pave the way for approval for other livestock categories. They also say that there is a standard amendment procedure to change an ingredient definition after it's been approved. Those against are asking AAFCO to change the definition before the vote, but that's not how the process works. If the association votes no on hemp seed meal next month, there is no way to appeal the decision. The expensive and extensive process would have to start all over again, Therrell said. “So if (AAFCO) membership completely voted it down,” he said, “a submitter would need to start back from the beginning to hopefully resolve any issues or concerns that our membership had,” he said. “I don't know if it gives you any kind of level of confidence, but in my time with AAFCO, I haven't seen that happen completely. Not to say that it can't, but I think it's got a pretty good shot at moving forward,” Therrell said. Kentucky hemp pioneer Joe Hickey, one of the signers of the letter from a group in opposition to the new definition, is also a guest on this week's show. Hickey said the infighting among the factions of the hemp industry is beside the point. For Hickey, the real problem is the Food and Drug Administration. “You got the FDA that allows cigarettes to be put out and you get a half a million people who're dying from it,” he said. “And they allow that to happen, but something that doesn't hurt anybody, that actually helps people, they're trying to stop.” Learn more: American Association of Feed Control Officials AAFCO's Online Ingredient Courses Hemp Feed Coalition Read the letter sent to AAFCO from hemp industry groups: FIHO Letter to AAFCO NHA Letter to AAFCO Australian Industrial Hemp Alliance Letter U.S. Hemp Grain Operators Letter to AAFCO Association of Western Hemp Professionals Letter National Hemp Growers Association Letter Canadian Hemp Food Producers (once you click the link, download the full PDF) Thanks to our Sponsors IND HEMP FOREVER GREEN Music courtesy of TIN BIRD SHADOW.
Big corn acres in the U.S. and dandy looking crops in the west have created a bit of a supply issue for markets, one that could be helped by some serious export demand. Whether or not that demand materializes as prices fall is the billion dollar question. For this early July grain market update, we... Read More
SA dairy farmers face a pay cut as major milk companies post scaled-back opening prices, the European Commission slaps large tariffs on cereals and oilseeds from Russia and Belarus, and an Adelaide Hills winery wins Best Wine of Show at the National Wine Show of Australia
This week's Open Mic guest is Kailee Tkacz Buller, President and CEO of the National Oilseed Processors Association. The nation's oilseed processing industry has rapidly been expanding capacity to meet growing demand for their products. Many new plants have been built, others are under construction and additional processing capacity could be added pending public policy decisions. Buller says renewable diesel and sustainable aviation fuel hold tremendous opportunities for further oilseed industry expansion. Buller hopes 40Z tax credit rules will include more acceptable climate smart production practices and less bundling. NOPA opposes policies that place caps on vegetable oil capacity and encourage imports of used cooking oil from foreign countries.
Tune in as Rabobank's global team of grain & oilseed analysts join Global Strategist Steve Nicholson for their quarterly review of global G&O markets.
This week is a bitesize episode and Andrew joins us to talk us through his opinions on how the market is looking at the moment and where he sees it going. Oilseed rape has finally moved its way up, alongside Feed barley for June. Malting barley crop is late for planting and all we are praying for is the weather is on our side for the next upcoming months. Sadly, there will be no Dewing Grain Walk this month, but we will keep you updated for the next one coming in April and hopefully, we will be walking in the sunshine! Hosted on Acast. See acast.com/privacy for more information.
This week we are joined by the Dewing Grain gang of Andrew, Ben, Josh & Webby. The guys get into a heated discussion about politics and Josh gives us the rundown of his recent trip to Rome for The RMI Conference. There's also been talk of Ukraine hitting oil refineries in Russia and impacting the market. Andrew brings back his Donald Trump impression for us and Ben informs us that Oilseed rape has finally gone up! Vince's son is also raising money for The Big C Cancer Charity & Samaritans, please click the link here to donate to this incredible cause – https://www.gofundme.com/f/the-big-c-cancer-charity-and-samaritans-fundraiser. Market Report w/c 18th March, we are joined by Ben who goes through the figures for this week and things are still low but looking very stable. The weather has been good so far, so fingers crossed it'll stay that way! Hosted on Acast. See acast.com/privacy for more information.
In the fourth podcast episode of 2024, Ken Rundle has a discussion with YaraVita Product Manager Chris Harrold regarding the current challenges in the season due to the weather, recommendations on current crops including leaf tissue testing and the importance of implementing foliar nutrients including YaraVita Gramitrel and YaraVita Brassitrel Pro.
Houston, we have a problem — and it’s larger-than-ideal crop supplies available combined with lagging demand for some oilseed and crush byproducts. That’s at least part of what is going on in the oilseed complex, says Tyler Schau of AgMarket.net. He spoke with Shaun Haney at Commodity Classic last week held at — you guessed... Read More
Market recap (Changes on week as of Monday's close): - March 2024 corn down $0.02 at $4.45 - December 2024 corn down $.06 $4.75 - March 2024 soybeans down $.04 at $12.23 - November 2024 soybeans down $.04 at $11.97 - March soybean oil down 2.19 cents at 48.16 cents/lb - March soybean meal down $7.50 at $355.80/short ton - March 2024 wheat flat at $5.96 - July 2024 wheat down $.07 at $6.12 - March WTI Crude Oil up $2.02 at $74.67/barrel Weekly Highlights The December National Oilseed Processors Report showed their members crushed a record 195.3 million bushels of soybeans in December- up from 189 in November and 177.5 million last December. Cumulative soybean crush is running 40 million bushels of last years pace with USDA expected an 88-million-bushel year over year increase. The US economy continues to show resistance. The Home Builder Confidence Index reported a reading of 44 increased from 39 in December and analysist expectations of 39. This signal that while contracting its not contracting as fast. Lower mortgage rates boosted confidence. Consumer sentiment jumped to the highest level since July 2021 reflecting optimism regarding slowing inflation and rising incomes. The US labor market remains tight as jobless claims fall under 200,000 and lowest level in 16 months. Employers may be adding fewer workers but they are holding on to the ones they have and paying higher wages. It was a fairly risk on week for US commodities. Open interest positions increased for Chicago wheat (5.7%), Corn (8.1%), soybeans (4.9%), soybean oil (5.6%), soybean meal (6.2%), and cotton (2.7%) while rough rice fell (2.1%). Producers and merchants increased their futures and options positions of Chicago corn more than 25,000 contracts with managed money increasing their net short position 29,819 contracts. The managed money net short for corn is quickly reaching a resistance level close to the largest net short in 15 years. Managed money for soybeans also increased the net short 45.5 thousand contracts. US crude oil stocks excluding the strategic petroleum reserve were down 105 million gallons while gasoline stocks increased 125 million gallons on a slight week over week reduction in gasoline demand. US ethanol production pulled back to 310 million gallons but well above the 296 million gallons last year. Ethanol stocks have built to a 10 year high. The cold weather will likely slow US ethanol production over the next several weeks. Higher natural gas prices and lower ethanol prices are cutting into ethanol plant margins. Export sales were bullish for corn and wheat last week while neutral for beans and grain sorghum. Sales were higher week over week across the board. Weekly grain and oilseed export inspections were rather neutral. Corn, soybeans, and grain sorghum were all down week over week, while total wheats were slightly higher. Friday's USDA Cattle on Feed as of January 1 report showed all cattle on feed at 102.1% of last year. Topics:- Market recap- Consumer sentiment at two-year high- Oilseed outlook- Managed money profit taking- Managing when to sell - Record December soybean crush- Reports to watchSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Join Rabobank's Agri Commodity Markets Research team for a deep dive into grain and oilseed markets. Since our bearish 2024 outlook was published on November 15, grain and oilseed prices have slid as bargaining power continues to shift from farmers to consumers. North American 2023 grain harvests are set to outpace demand and pad stockpiles, encouraging funds to take on heavy short positions. The risk premium is now largely in soybeans and South America, where more conducive weather (Brazil) and politics (Argentina) promise to deliver large supplies in 2024 and beyond.
The outlook for oilseeds like canola and soybeans remains uncertain as harvest gets into full swing across North America, according to Tyler Schau of AgMarket.Net. For canola — which obviously has a much smaller footprint across North America — Schau notes there has been good production in some areas of Canada and North Dakota, though... Read More
Thanks for tuning in to this Wednesday edition of RealAg Radio. Host Shaun Haney is joined by: Tyler Schau with AgMarket.Net on spring wheat and oilseed markets; A clip from episode one with Fred Young from our new podcast, the Farm Safety Roundup, with Workplace Safety and Prevention Services; and, Hear the top ag news... Read More
Thanks for tuning in to this Wednesday edition of RealAg Radio. Host Shaun Haney is joined by: Tyler Schau with AgMarket.Net on spring wheat and oilseed markets; A clip from episode one with Fred Young from our new podcast, the Farm Safety Roundup, with Workplace Safety and Prevention Services; and, Hear the top ag news... Read More
What’s the current scenario in Ukraine? Updates from VFI office in Kiev Resilience of farmers and processors Crops getting delivered despite war damage and financing challenges How is it affecting oil availability? Oilseed crops in Europe looking mostly good Recent weather helping sunflower and soybeans Canola better than expected Rapeseed variable but good overall Anticipated price direction for specialty oils Host: Nicole Thomas, Vice President – Information Services Guest: Klemens Rauch, co-owner of VFI Guest: Joevic Fabregas, co-owner of SF Bay Commodities
OSR in 2023 has been a challenge! But with the correct nutrition plan in place, you can maximise yield and profitability. In our latest podcast Natalie Wood, Yara's Agronomy Operations Manager discusses best practice to successfully establish your oilseed crop next season.
As demand rises for clean fuels, there is continued investment and growth in U.S. oilseed crush capacity. This episode of Fueling Conversations features Tom Hammer, president and CEO of the National Oilseed Processors Association. He'll discuss how processors are making significant investments – in part because of positive signals from the biodiesel and renewable diesel industry – to produce the vegetable oil and meal needed to meet the expected increasing demand for food, feed, and biofuels. Visit nopa.org or cleanfuels.org for more information. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Grain and Oilseed Planting Weather Remains Favorable
Pete Meyer is Head of Grain, Oilseed, and Advanced Feedstock Analytics at S&P Global Commodity Insights and he joins us this afternoon for a wide-ranging conversation including renewable diesel and sustainable aviation fuel.See omnystudio.com/listener for privacy information.
In our latest episode, Ken Rundle talks to Phil Burrell, YaraVita Product Manager about micronutrients and taking a proactive approach this spring to optimise yield in cereal and oilseed crops.
It's the time of year when many producers and agronomists are attending trade shows, industry meetings and annual general meetings hoping to gain some insights for the next growing season.Chuck Penner with Leftfield Commodity Research gave his outlook for the grains and oilseed markets at Western Canadian Crop Production Show in Saskatoon.He says he's not a predictor but rather spends time doing reconnaissance assembling information on the past growing season and how that may shape the coming year. There is a desperate shortage of agriculture technicians...to the point that it's being called a crisis by John Schmeiser, the President of the North American Equipment Dealers Association. He will share what the industry is doing to attract more young people to the field. AndHe also talks about the controversy surrounding ‘right to repair'.See omnystudio.com/listener for privacy information.
Yield10 Biosciences is commercializing camelina, an oilseed that can be grown as a cash cover crop.
Join Global Grain & Oilseed Strategist Steve Nicholson as he leads RaboResearch's G&O analysts from around the world in a lively conversation about what's animating the sector in their regions and what's driving the global dynamics of the G&O market.
Season 3: Cover CropsCover crops are a form of vegetation that is grown in raised beds, in-ground gardens, and animal grazing paddocks to improve soil fertility and tilth. These crops are not harvested for use but are left within the soil. Most often, cover crops are chopped and dropped before seed-set in order to return nutrients to the soil and prevent unwanted spreading. A lot of folks call cover crops the no cash- cash crop. We don't harvest it so I think it's widely underused. People forget about soil health once the fall or summer season of growing is done. But when we add things like CC or any organic material to the beds or plots in the fall you are setting yourself up for a better Spring. For our raised beds we plant roughly 4 weeks before frost- so that is the first week of october. And then we will mow- weed-whack the cover crops down the first of march before they go to seed. This gives the roots and the rest of the plant material time to decompose and feed the soil before we plant things in early spring. (third ish week of March) From Farmer's Almanac: “Examples include winter rye, hairy vetch, red clover, oats, buckwheat, forage rye, Italian rye grass (sown by October), field beans, and forage pea (sown by November). Cover crops literally make a living “cover” to sustain soil life until spring planting.”Cover Crop Functions:Hold soil in place and prevent erosionKeep soil covered to prevent solarizationIncrease organic matterAdd nutrientsLoosen compacted soil, improving aerationSome suppress weedsIn warmer seasons, flowering crops provide a source of pollen/nectar for pollinatorsNOTE: Cover crops need at least four weeks of growth before the first frost to fully establish themselves and to “work.”From Farmer's Almanac:“For most home gardeners, there are other things to take into consideration. Mainly, cover crops for home vegetable gardens should be easy to work into the soil in the spring.Hairy vetch produces so much top growth that it's very difficult to turn over without a strong mower. Hairy vetch and winter rye are better for field-scale production.Perennial cover crops such as red clover (Trifolium pratense) are slow growing and are best used in orchards and vineyards. “For cool-season cover crops (planted in late summer/fall), annuals are the way to go. They die over the winter or naturally complete their life cycle by the next spring. Also, the home gardener should select crops that can be easily incorporated into the garden. Here are some good cool-season cover crops to explore:Oats are a wonderful annual cover crop which prevents erosion and loosens tight soil.Field peas, mustard, and barley are also good annual cover crops. Berseem clover is a rapid-growing annual legume that will fix nitrogen in the soil.Oilseed radish is a rapidly growing annual with large roots that alleviate deep compaction.” Link to Farmer's Almanac suggested cover crops by region (also includes Canada):https://www.almanac.com/planting-cover-crops-home-gardenWay to Improve Soil Fertility in Fall Without Cover Crops:Add compostRemove diseased plants and unwanted weedsLeave dead, healthy matter to return nutrients to soilAdd any additional amendments if needed after testing the soilCover with straw, woodchips or mulch to offer protectionIn general, Fall is the best time to add any organic material to your garden. It is far wiser to manage, till if you till, add to your
Grain & Oilseed Selling Pressure Mounts
Part 1 of this 2-part episode. Bevin chats with editor Jessica Mitchell about how he got started and covers specific seeds such as flax and hemp. After more than a decade of producing his own seed and nut oils at Small House Farm, Bevin Cohen now shares his knowledge and experience to help people feasibly make their own oils for cooking, skincare, and more in his new book, The Complete Guide to Seed and Nut Oils. In this episode, Bevin talks about the benefits of making your own oils, how to get started in small-scale oil production, dives into the details of a few crops that can provide plentiful, unique, flavorful oils for your household. To see more podcasts, visit our Mother Earth News and Friends page. Check out the MOTHER EARTH NEWS Bookstore for more resources to help you achieve your health and farming goals. Go to the MOTHER EARTH NEWS FAIR page for webinar and courses on everything from gardening to livestock management.
4-15-22 • Markets are closed • Weather concerns dryness • Longer term is it tougher on livestock vs. crops? • Spring planting snow to the north dry in the mid-section south wet in the east • Brazil's second crop corn • Oilseed popularity • Drought in Middle East • Livestock heifer/cows going to market when grass is short
Thanks to everyone who came out to Commodity Classic and swung by the StoneX booth to say hello
John Anderson, Andy McKenzie, Alvaro Durand-Morat and James Mitchell with the Agricultural Economics & Agribusiness department explore potential agricultural market implications of the Russian invasion of Ukraine. The following materials and/or data sources were referenced in this Relevant Risk episode:The Story of Rising Fertilizer Prices by Aaron Smith (UC-Davis), https://asmith.ucdavis.edu/news/story-rising-fertilizer-pricesDepartment of Energy, Energy Information Administration, https://www.eia.gov/USDA Agricultural Marketing Service, Arkansas Daily Grain Bids, https://www.ams.usda.gov/mnreports/ams_2960.pdfCME Group Grain and Oilseed futures quotes, https://www.cmegroup.com/markets/agriculture.html#products