The U.S. government says it will raise tariffs on certain products coming into the country from the European Union. Reuters says those products include wines from France and Germany, as well as aircraft components. It’s the latest move in a…
Monthly Archives: December 2020
Grain Exports End 2020 on High Note
The newest grain export sales report from the USDA for the week ending on December 24 shows that 2020 is ending on a positive note. Soybean export sales for the 2020-2021 crop surpassed analyst expectations. The trade was looking for…
Ethanol Production Drops to a Two-Month Low
Ethanol output dropped week-to-week to its lowest level in over two months while stockpiles continue to increase. The Energy Information Administration says U.S. production of the biofuel dropped to an average of 934,000 barrels a day in the week ending…
Farmland Prices May Rise in 2021
After years of stability, farmland prices may be set to rise in 2021. Farm Journal’s Ag Web Dot Com says factors are coming together that may be about to send the price of land higher. Some of the key factors…
Analyzing What 2021 Could Mean for Farm Sector
Recent developments in the ag economy could provide insight into how next year might look for the farm sector in various economic indicators. Rod Bain reports.
Grain Prices Should Improve in 2021
Global grain stocks will likely be about 1.5 percent higher than last year, reversing the downward trend over the prior few years. Despite the rise in global supplies, USDA forecasts higher corn, wheat, and barley prices than in the 2019-2020…
Corn Export Inspections Rise While Soybeans and Wheat Drop
Inspections of corn for export improved week-to-week, while soybeans and wheat assessments declined. The USDA says the government inspected 993,710 metric tons of corn for overseas delivery in the week ending on December 24. That’s up from the 770,000 metric…
