On Tuesday, corn yield potential averaged 166 bushels per acre (bpa) through nine stops in the Indiana counties of Benton, Cass, Howard, Jasper, Miami, Tipton and White. That is down from last year's crop tour average in those areas of 178.7 bpa and those counties' three-year tour average of 173 bpa. | File photo

North-Central Indiana could face smaller corn yields

DE WITT COUNTY, Ill., (Reuters) – Corn farmers in north-central Indiana could be facing smaller corn yield potential this year, after extreme weather and heavy rains delayed plantings across wide swaths of the U.S. Midwest, scouts on an annual tour said Tuesday. Many of the soy fields surveyed in Indiana on the second day of […] Read more

Trump intervention triggered EPA’s surprise biofuel waiver decision -sources

WASHINGTON (Reuters) – A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said, with the White House siding in favour of oil refiners over corn growers. Trump gave Andrew Wheeler, head of the U.S. Environmental Protection Agency, the […] Read more

Some producers have expressed concern of skin irritation with Dekalb’s Nemastrike technology. Bayer has held off the release in 2020.  |  File photo

Bayer cancels plans to sell product in 2020 over skin irritation

CHICAGO, Ill. (Reuters) — Bayer has scrapped plans for wide sales next year of a chemical that is intended to protect crops from yield-robbing worms, citing ongoing safety concerns. Bayer decided not to offer the Monsanto product called NemaStrike Technology broadly after reviewing the experiences farmers and applicators had with it this year, according to […] Read more

Cows graze near Lawley, South Africa, south of Johannesburg, this spring. Livestock contributes about 51 percent to the agricultural economy in the country, with global sheep and beef prices rising after droughts in major producing areas.  |  REUTERS/Siphiwe Sibeko photo

African cattle investing; the new cash cow?

JOHANNESBURG/VRYHEID, South Africa, (Reuters) — Cattle have long been considered a measure of wealth across Africa, but it is not just farmers cashing in. A pioneering app in South Africa lets investors, eager to benefit from rising global beef demand, buy shares in a cow from their mobile phone for as little as 576 rand […] Read more

The U.S. corn harvest will be bigger than previously forecast, the U.S. Department of Agriculture  said on Monday. | File photo

USDA forecasts bigger-than-expected U.S. corn crop

CHICAGO, Aug. 12, (Reuters) – The U.S. corn harvest will be bigger than previously forecast, the U.S. Department of Agriculture said on Monday, as the government issued a surprise boost to its yield estimate despite ongoing concerns in the country about a wet spring and dry summer limiting production. For the 2019/20 crop year, the […] Read more

Dreyfus sees Brazil, Argentina soy flows surging on U.S.-China dispute

SAO PAULO, Aug 12 (Reuters) – Global commodities trader Luis Dreyfus Co is prepared for another unusually strong second half for Brazil’s soy exports to Asia as the U.S.-China trade war drags on, with Argentina poised to profit as well this year, a senior executive told Reuters. Dreyfus benefited the most from last year’s surprise […] Read more

Argentina, the top global soymeal exporter, has tried for years to break into the China market, the biggest consumer of the meal. | File photo

China to inspect Argentine crushers, could unlock No. 1 soymeal market

BUENOS AIRES, July 30 (Reuters) – A Chinese delegation is set to visit Argentina in August to inspect soymeal crushing plants, Argentine government and industry officials told Reuters, a key step as the South American country looks to open up exports of processed soy to the world’s No. 1 consumer. Argentina, the top global soymeal […] Read more