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Brooks Schaffer Market Report for Friday April 11

Brooks Schaffer Market Report for Friday April 11

Apr 11, 2025 | 3:39am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We got USDA’s April supply and demand estimates yesterday, Thursday April 10th at noon but not too many people were watching due to the pandemonium in the outside markets that is occupying everyone’s attention. The ag markets […]
Update on Prices at the Pumps

Update on Prices at the Pumps

Apr 10, 2025 | 10:35am
Oil prices have dropped roughly $10 a barrel in the past week, during what Patrick DeHaan with Gasbuddy.com called a tumultuous week. He noted a lot of this turbulence and unease is happening because of President Trump’s tariffs coming in more significant than expected, increasing concerns of a global recession or slowdown. “In addition, OPEC […]
Proactive Management Can Lift Crop Yields

Proactive Management Can Lift Crop Yields

Apr 10, 2025 | 4:47am
Multiple factors can drive up or limit yield potential, and corn and soybean growers need to do all they can to ensure strong, even emergence. LG Seeds agronomist Steve Crafton talks about what factors influence yield and how growers can be proactive with their crop management this season and beyond. “A big factor in corn and soybeans […]
Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports

Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports

Apr 9, 2025 | 3:42pm
WASHINGTON (AP) — Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.It was seemingly an attempt to narrow what had been an unprecedented trade war between the U.S. and most of the world to one between the U.S. and China.Global markets surged on the development, but the precise details of Trump’s plans to ease tariffs on non-China trade partners were not immediately clear.
Economist: Outlook for Ag Not a Good One

Economist: Outlook for Ag Not a Good One

Apr 9, 2025 | 9:55am
The forecast for farming in 2025 and beyond is not a good one, according to one of the country’s leading ag economists. Dr. Joe Outlaw is a professor and extension economist at Texas A&M University, and his most recent survey of farmers doesn’t look promising. “That outlook is something we present to Washington every year, […]
Be on the Lookout for Invasive Pests

Be on the Lookout for Invasive Pests

Apr 9, 2025 | 4:58am
Not only is planting season getting underway, but invasive species are also on the move this time of year, but there are things you can do to help prevent that. Catherine Bronsky, a plant protection expert with USDA APHIS, says April has been designated Invasive Plant Pest and Disease Awareness Month. “Invasive insects and plant […]
Soybean Farmers Fear Losing More Chinese Market Share

Soybean Farmers Fear Losing More Chinese Market Share

Apr 9, 2025 | 12:06am
China is hitting back at U.S. tariffs with its own duties on American commodities. Caleb Ragland, president of the American Soybean Association, offered his initial reaction to the new Chinese duties on goods like soybeans. “We’re very concerned because exports are the heart and soul of the soybean industry here in the United States. We […]
SC Commissioner Weathers: Strategic Planning

SC Commissioner Weathers: Strategic Planning

Apr 8, 2025 | 3:47am
The South Carolina Commissioner of Agriculture Hugh Weathers has just wrapped up something of a marathon session of meetings, taking about a day and a half to talk about strategic planning for agriculture in South Carolina. First of all, what brought this all about, and what happened? “Well, we’ve been thinking about it for months […]
NC Commissioner Troxler: Agritourism is Growing in North Carolina

NC Commissioner Troxler: Agritourism is Growing in North Carolina

Apr 8, 2025 | 3:38am
Agritourism is growing in North Carolina, and to find out just how much well, I’ll pose that question right now to Ag Commissioner Steve Troxler and Commissioner, springtime is definitely here. The pollen is proving it, and along with it comes folks getting outside to enjoy the warmer temperatures. And a lot of folks are […]
Brooks Schaffer Market Report for Tuesday April 8

Brooks Schaffer Market Report for Tuesday April 8

Apr 8, 2025 | 3:14am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The outside markets continue to get hammered due to the uncertainty surrounding the tariffs Trump announced last week. The market was expecting something reciprocal but immediately questioned the validity of the metrics used to calculate what tariffs […]