Top Agriculture News

You would expect the competition to be extra strong for the N.C. State Fair, after all it represents the best of the best of North Carolina, so people start planning early on what they intend to enter at the Fair. Competition entries are being accepted now through Sept. 15 for those planning to compete in […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Despite all the turmoil on the political front over the weekend, Monday’s trade felt like it was more about weather than politics. Honestly I think the market is just as confused about what will happen in the […]

Farmers are on track nationally to harvest some of their biggest corn and soybean crops ever, and the Federal Reserve’s Beige Book says the ongoing decline in commodity prices is putting farm income in questionable territory. “Regional Fed banks in Chicago and Minneapolis say the farm income outlook had weakened in recent months,” according to […]

Fertilizer prices remain higher despite agriculture being past the high-demand spring season. Josh Linville of StoneX told AgWeb.com that multiple global factors are the reason prices have stayed high. Lower European production is the first reason as skyrocketing natural gas prices have cut EU production by 25 percent. Brazil is another reason as high costs […]

It would seem pretty likely by now that soybean farmers in the United States will have heard or maybe even been asked to deliver their crop for a small premium in trade for providing the location of the farm and proof it has not been deforested since the beginning of the decade. This has to […]

US agricultural exports continue to slow. Ag imports continue to grow. USDA economist James Kaufman says we now have complete trade numbers for the first eight months of this fiscal year, October through May. And here’s what the numbers say. “Agricultural exports in May or at $13.7 billion down almost 2% from the previous May. […]

45Z is one of the tax credit provisions from the Inflation Reduction Act meant to boost the bottom line of farmers and ranchers while helping the U.S. reduce carbon emissions. Roger Cryan, chief economist for the American Farm Bureau Federation, says 45Z replaces previous tax credits that were unfavorable to American producers. “We’re looking forward […]

RALEIGH –The North Carolina Drought Management Advisory Council (DMAC) expanded its severe drought classification and classified two counties as in extreme drought in the latest advisory issued Thursday.  DMAC classified parts of Columbus and Yadkin counties as in extreme drought (D3 classification) in the latest drought advisory. In addition, DMAC expanded the severe drought (D2 classification) to 26 counties. Parts of […]

The rains last weekend did bring some improvements to parts of North and South Carolina. For details, we now turn to assistant state climatologist Corey Davis from the state climate office of North Carolina, and some areas like my Franklin County in North Carolina saw some pretty heavy rains, and some other areas got even […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn and soybeans continue to trade weather. Monday’s selloff came in part from the forecasts showing big precipitation totals forecast for Iowa, Illinois, and Indiana. The system that was supposed to bring the rain turned into a […]