HOUSTON, Texas — Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum growers. U.S. farmers are clearly annoyed about a number of new pesticide regulations. Growers felt blindsided by a federal district court ruling in Arizona […] Read more
Tag Archives Commodity Classic
Volatile market expected as drought looms
Farmers advised to consider locking in prices beyond 2021 because they may start to tumble under Biden administration
Chip Nellinger has one central piece of advice for grain farmers heading into the 2021-22 crop year — fasten your seatbelts. “It’s going to be a real volatile, bumpy ride in my opinion this spring and summer,” the Blue Reef Agri-Marketing analyst said during the United States Farm Report segment of the 2021 Commodity Classic […] Read more
Volatile market expected this year
Chip Nellinger has one central piece of advice for grain farmers heading into the 2021-22 crop year — fasten your seatbelts. “It’s going to be a real volatile, bumpy ride in my opinion this spring and summer,” the Blue Reef Agri-Marketing analyst said during the United States Farm Report segment of the 2021 Commodity Classic […] Read more
Farmers urged to lock in prices soon
Ed Usset has some advice for growers on how to ride today’s bull market. Many farmers make the mistake of using last year as a guide for when to sell in the upcoming year. Usset, who is a grain marketing economist with the University of Minnesota, thinks a better idea is to look at the […] Read more
U.S. soybean sector upgrades quality calculator
It is time for soybean buyers to change the way they value the crop, says the U.S. Soybean Export Council. Buyers have been using a crude protein test developed in 1860 as the main parameter for determining the value of soybeans from different origins. Soybeans from the United States are more expensive and have lower […] Read more
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
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
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. 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
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
