U.S. Secretary of Agriculture Sonny Purdue kicked off day two of the 2020 Commodity Classic conference with a warning to farmers.

U.S. farmers told not to expect future subsidies

U.S. agriculture secretary tells producers no further payments are planned to compensate them for trade war with China


SAN ANTONIO, Texas — American farmers are being weaned off government support. “Don’t make plans in 2020 for another Market Facilitation Program,” United States Secretary of Agriculture Sonny Purdue told growers attending the 2020 Commodity Classic conference. Government subsidies have been keeping American farmers afloat during a nasty trade war with China that has seen […] Read more

WP reporter Sean Pratt is in San Antonio, Texas, this week, home of the Alamo, covering the Commodity Classic. | Sean Pratt photo

VIDEO: Maximizing revenues major message at Commodity Classic

SAN ANTONIO, Texas — Day one of the 2020 Commodity Classic conference kicked off with a market outlook calling for more of the same lacklustre grain and oilseed prices. Bryce Knorr, senior grain market analyst for Farm Futures magazine, said the outlook is fundamentally bearish. The U.S. Department of Agriculture is forecasting an average corn […] Read more

Soybean farmer Austin Rincker poses for a photograph near a grain truck and storage bins on his farm near Moweaqua, Illinois, earlier this month. Rincker will farm approximately 2500 acres in the upcoming season, split evenly between corn and soybeans. Young farmers in the United States are feeling the financial pinch of years of low commodity prices.  |  REUTERS/Daniel Acker photo

U.S. farmers in dire straits

ORLANDO, Fla. — Young farmers in the United States are feeling the financial pinch of years of low commodity prices. That was one of the themes that emerged at the 2019 Commodity Classic as various farm leaders spoke to delegates and reporters attending the event. Daniel Atkisson, chair of the National Sorghum Producers, was by […] Read more


U.S. Agriculture Secretary Sonny Perdue says there is a big difference between a signed agreement and one that has been implemented.  |  Sean Pratt photo

U.S. farmers push for USMCA ratification

ORLANDO, Fla. — American agriculture is doing everything in its power to get the United States-Mexico-Canada Agreement over the finish line. U.S. Agriculture Secretary Sonny Perdue warned the 9,000 delegates attending the 2019 Commodity Classic conference that there is a big difference between a signed agreement and one that has been implemented. “It’s never over […] Read more

Charles Baron describes his company as a network that allows growers to share data with one another about agronomics, precision agriculture and what they are paying for seed, chemical and fertilizer in their area.  |  Sean Pratt photo

Price transparency promised

Farmers Business Network started operating in Canada in December and says it has already signed up members who farm more than 1.5 million acres

ANAHEIM, Calif. — A U.S. company promises to bring chemical and fertilizer price transparency to Canada. Farmers Business Network (FBN) launched in Canada in December and has already signed up members who farm more than 1.5 million acres of cropland combined. Charles Baron, cofounder of the business, describes FBN as a farmer-to-farmer network where growers […] Read more


U.S. President Donald Trump's threats to trade with China and NAFTA are making American farmers nervous.  REUTERS/Kevin Lamarque photo

Trump election spurs jump in optimism among farmers

ANAHEIM, Calif. — A “paradigm shift” in U.S. farmer attitude occurred in late 2016. James Mintert, an agricultural economics professor at Perdue University, tracks farmer confidence in the agricultural economy through a monthly survey of 400 farmers across the nation. He targets growers with more than $500,000 in revenue, the eight percent of farmers who […] Read more

A farmer-owned ethanol plant in Nevada, Iowa, takes in 50,000 bushels of local corn every day. It relies on the RFS to ensure that ethanol finds its way into gasoline across the United States.  |  Michael Raine photo

U.S. ethanol-gasoline blending under fire

Senator says system hurts oil sector and asks president to cap renewable fuel credits at a fraction of their current value

ANAHEIM, Calif. — Ethanol is once again under attack in the United States, threatening corn and other grain prices. Texas Senator Ted Cruz and the oil industry have asked U.S. President Donald Trump to cap renewable fuel credits at 10 cents per gallon, which is a fraction of their current value. Credits can be bought […] Read more

A farmer watches as corn kernels are dumped into a grain elevator during last year’s harvest near Dixon, Nebraska.  |  REUTERS/Lucas Jackson photo

U.S. farm sector fears looming financial crisis

Growers lobby for a U.S. farm bill with a robust crop insurance program and improved risk management programs

ANAHEIM, Calif. — The U.S. farm sector is on the brink of a full-fledged crisis, say commodity groups. Kevin Skunes, president of the National Corn Growers Association, said the average Iowa farmer in 1993 was paying $74 per acre in machinery costs, $113 per acre in input costs and $92 per acre in land costs. […] Read more


Farmers are also encouraged to consider using hedge loan agreements as a way to fund their hedging activity.  |  File photo

Options called ideal marketing tool

An ag risk management consultant says they help manage the markets without knowing where prices are heading

ANAHEIM, Calif. — Dave Fogel knows one surefire way to navigate through all the dizzying array of market advice: don’t believe any of it. “Nobody knows where price is going, and I think you’ll find if you want to get on board with that, then marketing starts getting easier,” he said. The good news is […] Read more

U.S. Agriculture Secretary Sonny Perdue says many in Donald Trump’s administration are working to persuade the president not to kill the North American Free Trade Agreement.  |  Sean Pratt photo

VIDEO: U.S. farmers worry about trade war with China

ANAHEIM, Calif. — The segment of the electorate largely credited with bringing U.S. President Donald Trump to power is not thrilled with his trade policy. Farmers do not like his approach to the North American Free Trade Agreement, the Trans-Pacific Partnership or his strong-arm tactics with China. The latest kafuffle came last week when Trump […] Read more